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Construction PRO
NewSat faces guillotine order over $10M in security for lenders’ costs
Defunct telecommunication company NewSat has until 7 April to pay security for defence costs in a case against a group of lenders that withdrew financial support for the company's satellite project.
Construction PRO
Jabiru can expand case over pulled finance for Australia’s first satellite
Defunct telecommunications company Jabiru Satellite can add new claims to its suit against major banks for withdrawing support for Australia’s first satellite, but it can't put on a case that the lenders were “shadow” directors.
Ex-SBS journalist takes aim at ‘deficient’ lawsuit over Gaza posts
A former SBS journalist has asked the court to take the red pen to most of a lawsuit alleging she engaged in racial discrimination with several social media posts about Gaza.
Construction PRO
Court clarifies tax treatment for land development
A court has weighed in on the tax treatment of the proceeds of developed land, finding the landowner did not engage in business-like conduct such that his profits should be considered income.
No ‘bottomless pit’: Class action administrator put on notice about costs
An administrator has won $1 million more in costs for distributing a class action settlement, but a judge warned any ‘overshoot’ might not be borne by group members.
Unlawful detention class action, Commonwealth spar over $27.5M settlement deed
The lead applicant in a class action over the alleged unlawful detention of 240 Indonesian children and the Commonwealth are locked in a battle over the construction of a $27.5 million settlement reached last year.
Top 10 class action settlements of 2023
Companies and government entities paid out less to settle class actions in 2023 than in the previous two years, with no mega settlements hitting their pocketbooks.
Court OKs $27.5M settlement in unlawful detention class action
A $27.5 million settlement reached in a class action over the alleged unlawful detention of 240 Indonesian children has won court approval, but the applicant's legal costs remain subject to negotiations.
Viterra can’t dodge indemnity costs in feud over $420M Joe White sale
Glencore-owned Viterra must pay indemnity costs to four Joe White employees it dragged into a 10-year feud with Cargill over the $420 million sale of the Joe White business, after a judge found its claims against them were “hopeless from the outset".
Melbourne school must pay $565K for failing to address antisemitic bullying
A group of former Jewish and Israeli students at Brighton Secondary College have won hundreds of thousands of dollars in compensation and an apology from the Victorian government after a judge found the school principal failed to address racially-charged bullying and hundreds of cases of swastika graffiti.