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A judge was too exacting in deciding the applicant in a shareholder class action against engineering services firm Worley suffered no loss from misleading guidance, an appeals court has heard.
Construction PRO
Hall & Wilcox faces a second suit by Hastie Group's liquidators, which calls for review of nearly $19 million in costs the law firm billed for advising the failed engineering company in litigation.
General Motors has defeated a class action by Australian car dealers over its decision to retire the Holden brand, with a judge finding the car maker did not breach its agreements.
Macquarie's fight with a NSW credit union -- which saw the bank's 'Macbank' trade mark cancelled because, a delegate found, it had only been used colloquially -- has landed in the Federal Court.
A judge "went off the rails" in finding Worley liable for misleading or deceptive conduct, a lawyer for the engineering services company has said on the first day of an appeal in a shareholder class action.
The Tax Office has asked the High Court to reverse a landmark ruling that found an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, a decision that affects $50 billion in trust distributions.
Construction PRO
A judge has found a $3.7 million error by an adjudicator in a dispute over a $43 million payment claim for work on an apartment complex in Queensland’s Main Beach showed a failure to properly consider the evidence and submissions.
On questioning by a judge, Star's former top lawyer has denied making a mistake by failing to tell the board about issues with junket Suncity in May 2018, but said her view was different now with hindsight.
Construction PRO
The liquidators of collapsed fund manager iProsperity have filed court proceedings against the developer of an apartment project in Ryde.
A former chief of staff to senator Linda Reynolds has launched action against the Commonwealth after she became a key figure in Bruce Lehrmann's civil trial over Brittany Higgins’ rape allegations.