Events

Alliance Living has failed on appeal of a security for costs order in a dispute with a subcontractor on a project to restore Sydney's Gaden House, with NSW's top court saying the builder's failure to pay a judgment debt was relevant.

US real estate firm Savills has failed to summarily dismiss a lawsuit alleging sexual harassment, which a judge said if true "indicated a culture of discriminatory sexist behaviour of a serious kind".

The fallacy that shareholders must precisely prove the amount of loss caused by a listed company's breaches has finally been exposed by the Full Federal Court, a trial judge has been told in a class action over the collapse of steel maker Arrium.

KPMG failed to bring the necessary scepticism to the task of auditing failing steel manufacturer Arrium, instead leaving contradictory evidence unresolved and giving the company a clean bill of health, a shareholder class action has told the court.

Hitting back at a class action's claims that it breached gambling laws with its 'fast code' betting, Sportsbet told a trial judge on Tuesday its representatons about the service were true, and that in any case punters weren't entitled to damages that didn't account for winnings.

A judge has rejected Domino's bid for a 30 per cent reduction in the costs it owes after losing an underpayments class action, saying the pizza chain will likely be on the hook for around $10 million in costs.

A class action has been launched on behalf of current and former Aboriginal Community Police Officers who allege they faced systemic racial discrimination and vilification while serving in the Northern Territory Police Force.

A shareholder class action against Nuix has argued that its IPO should never have gone ahead, taking the court to email exchanges about its history of disappointing results, which the tech company's former CFO called "worse than terrible".

A shareholder class action against KPMG and ex-Arrium directors says the company's accounts were infected by "chronic and systemic overoptimism", with the former operator of Whyalla Steelworks portraying as viable a business that was impaired up to $2.8 billion.

The owner of Sydney's InterContinental Hotel has lost its challenge to the approval for a mixed-use tower at the site of the neighbouring Sir Stamford Hotel.