Events

A luxury Hamilton Island resort has lost its bid to vary the form of security ordered last year in its $15 million suit over allegedly defective rectification works completed in the wake of Cyclone Debbie. 

A rental company providing long-term leases for household items has appealed a ruling slapping it with a $7.4 million penalty for loan agreements that did not comply with credit laws. 

Abbey Animal Health has appealed its loss in a suit seeking to invalidate rival Virbac's patent for an antiparasitic drug.

The liquidator for collapsed property developer Monarch Tower has lost its appeal seeking an extension of time to bring voidable transaction claims said to be worth $27 million against 13 individuals and companies.

The High Court has rejected a special leave application by the owners of land acquired to build a Melbourne freeway that sought to overturn an "erroneous" appeals court decision which left them with $2 million for land worth over $30 million.

Commonwealth Bank's New Zealand unit, ASB Bank, has agreed to pay $119.35 million to settle a class action alleging it failed to repay fees and interest wrongly charged to 150,000 customers who took out home or personal loans.

Engineer Monadelphous has lost a fight that will affect its ability to run a limitations defence in a suit over alleged defects in a sewage plant upgrade on the Sunshine Coast.

Looking to continue its hot streak of successful anti-greenwashing cases, the corporate regulator has taken Fiducian Investment Management to court over allegedly misleading representations about its ESG fund.

Canberra builder Geocon has brought a lawsuit against the developers of the Aspen and Establishment apartment buildings in Canberra, claiming it is owed $4 million in construction payments.

A judge has declined a creditor’s bid to wind up Victorian builder Roberts Construction Group, finding that the application relied on a “very modest” debt and involved a solicitor’s email “cast in threatening terms”.