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Director of CHESS replacement firm assured ASX about timeline, court told
A judge overseeing ASIC’s case against the ASX over its CHESS replacement plan will allow remote evidence by the US-based director of a New York tech company, who allegedly gave the exchange an assurance about the project's timeline.
Construction PRO
Dexus stands down execs, drops JPMorgan after APAC sale debacle
Dexus has stood down executives, sacked its advisers and launched a review of its $7 billion infrastructure division, following last week's judgment upholding the validity of a default notice by Melbourne Airport's operator.
Construction PRO
Dexus loses battle with APAC over validity of default notice
Dexus has lost its case over the validity of a default notice issued by Melbourne Aiport's operator, with a judge saying the real estate asset manager breached the company's confidentiality and "irrevocably undermined" its relationship with fellow shareholders.
Construction PRO
‘What a mess’: Texts reveal Dexus panic over APAC breach
Heads may roll after a court on Friday rejected the evidence of key Dexus employees at trial over a breach of APAC's shareholder deed, in a ruling that revealed some insiders suspected the "embarassing blunder" would come back to bite.
Apple fights bid to expand App Store class action
Apple will bring a “full-bodied” opposition to a bid to expand a class action over the running of its App Store, after a judge found the tech company engaged in anti-competitive conduct in the app marketplace last year. 
ASX wants to grill US-based director of CHESS replacement tech partner
The ASX is fighting for a key witness in ASIC’s case over alleged misleading statements concerning its CHESS replacement program to appear at an upcoming trial, saying he needs to be cross-examined in person. 
ACCC can intervene in Epic Games’ case against Apple
The ACCC has won court approval to make submissions on relief in Fortnite game maker Epic Games' case against Apple, after a judge found the tech company misused its market power in the app marketplace.
Epic Games case against Google dismissed after global settlement
A hearing set for this week on relief sought by Fortnite maker Epic Games in its competition case against Google will not go ahead as planned, after the companies reached a global settlement. But the terms of the deal remain to be approved by the ACCC.
Construction PRO
Dexus GC denies being ‘careless’ with APAC info, points to junior lawyer
A senior in-house lawyer at Dexus has rejected suggestions she was “careless” in her role in the sale of shares in Melbourne Airport operator APAC, saying she relied on a subordinate lawyer and others within the business. 
Construction PRO
Dexus execs relied on Mallesons, GC advice over airport share sale, court told
Lawyers assured two Dexus executives that it was OK to share the confidential information of Melbourne Airport operator APAC with proposed purchasers of the real estate asset manager's stake in the company, a court has heard.