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Construction PRO
Court extends Bathla administration to progress projects
Bathla's administrators have secured court orders extending their control of the failed Sydney developer for 12 months, saying it will allow more time to complete projects under construction.
Former trader loses whistleblower case against ANZ
A judge has thrown out a former ANZ trader's whistleblower case alleging the bank sacked him after he complained about its attempted manipulation of the bank bill swap rate.
Construction PRO
ASIC wins orders over $29.4M Lake Narracan Resort scheme
A judge has granted interim freezing orders against Star Investment Group Australia and its director after finding reasonable grounds to suspect it misled investors while promoting a development scheme in regional Victoria.
Strip search class action loses bid to strike out NSW’s defence
A class action over alleged unlawful strip searches at music festivals has lost its bid to strike out the NSW government’s defence against claims of sample group members, after the lead plaintiff was awarded $93,000 in damages.
Construction PRO
Mirvac can’t push off mediation in $50M defects suit over The Moreton
Developer Mirvac has lost a bid to delay mediation in a $50 million defects suit by the owners corporation of The Moreton apartments in Bondi Beach, despite arguing it will have just two weeks to prepare for settlement talks.
Allianz can’t get contribution from AIG in fight over Built Tech claims
Allianz has lost its bid to recover a contribution from AIG over a $1.65 million worker's compensation claim against Icon subcontractor Built Tech Hoardings.
HungryPanda wants to lift stay in suit against competitor Fantuan
Food delivery service HungryPanda wants to lift a stay in a case against competitor Fantuan over the acquisition of delivery platform EASI, after a $24 million judgment was entered in related UK proceedings.
Macquarie hit with second class action by investors in Shield fund
Investment manager Macquarie has been hit with a second class action by investors who sank over $320 million of their superannuation into Keystone's collapsed Shield Master Fund.
KPMG’s approach to whistleblower claims ‘overly legalistic’: report
KPMG dealt with a whistleblower's allegations over the misuse of confidential client data in an "overly legalistic" way, a new report has found, saying the accounting firm "lost sight" of its values and dropped the ball.
Torrens University faces landmark class action by casual academics
US-owned Torrens University is accused of systematically underpaying casual academics who have worked across its Australian campuses, in the first major underpayments class action against a private university.