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A judge has scolded former directors of Mosaic Brands after they failed to comply with orders made last week ahead of a 10-day public examination as special purpose liquidators investigate $196 million in potential insolvent trading claims and directors duty breach claims.
Construction PRO
The unitholders of defunct developer 1A Eden are facing a suit by a liquidator to recover a $2.5 million judgment in favour of a North Sydney apartment building's owners corporation.
Former directors of failed clothing retailer Mosaic Brands are claiming privilege over retainer letters between Deloitte and the company as special purpose liquidators investigate potential insolvent trading and directors duty breach claims.
Construction PRO
The owners corporation of a 36-unit apartment block in North Sydney that has been locked in a long-running fight with the developers over defects has won $2.5 million after the parties settled on the eve of the trial.
Construction PRO
The administrators of the New South Wales Cyprus Community club can sell an inner Western Sydney property of “substantial value”, with a judge finding they are not subject to a condition under the Registered Clubs Act.
The United States has won an appeal in a Darwin-based soldier’s personal injury suit, with the Northern Territory Court of Appeal finidng the US has foreign state immunity from the claims.
The Kingdom of Spain must pay $56,000 in security to bring its challenge in a long-running dispute over whether it must pay a $200 million arbitral award to two renewable energy investors.
The Kingdom of Spain has been ordered to pay over $50,000 in security on an interlocutory application, with a judge finding the country “deserves no sympathy” following its failure to satisfy a judgment debt of some $200 million.
The Supreme Court of Queensland has found that a 2021 direction for police officers to receive the COVID-19 vaccination was unlawful and a similar mandate for ambulance service workers had no effect.
Spain has foreshadowed a fresh High Court challenge claiming it is immune from proceedings brought by a renewable energy company and a Deutsche Bank subsidiary to enforce arbitration awards totalling $166.7 million related to changes to its renewable energy policies.