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Director of CHESS replacement tech partner gave ASX ‘assurance’ about timeline, court told
A judge has allowed the US-based director of a New York tech company to give evidence by video link in ASIC’s case against the ASX over its CHESS replacement project, with the exchange claiming he gave an assurance’ about the timeline for the project to its former CEO. 
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.
ASIC launches formal investigation into KPMG as scandal deepens
ASIC has told a senate estimates committee that it is now formally investigating KPMG in the wake of allegations the firm misused client data. 
Judge says Kmart class action so light on details he ‘couldn’t understand it’
An underpayments class action against Kmart on behalf of salaried managers will go back to the drawing board after a judge said the statement of claim was “so bereft of detail” that he "couldn't understand it”.
Rebel Wilson can file evidence on conduct since release of ‘The Deb’
Actress Rebel Wilson has won court approval to file additional evidence about her conduct since the release of 'The Deb' in proceedings brought by production company AI Film.
‘Unsatisfactory’: Judge not impressed by Mastercard’s witnesses at trial
The trial judge in enforcement action against Mastercard had harsh words Thursday about the company's witnesses, including a top executive whose testimony he said was "most unsatisfactory and unimpressive".
Optus class action can intervene in ACMA, OAIC proceedings
A class action against Optus over a 2022 data breach that affected 10 million customers has won leave to intervene in parallel cases by the media authority and information commissioner.
Keystone director must hand over books, bank statements
Former Keystone Asset Management director Paul Chiodo has been ordered to produce books in his possession as well as bank account statements of family members, as he defends himself in a case over alleged misappropriated money.
Construction PRO
‘Beyond appalling’: Judge slams Forte for delays in iProsperity liquidators’ case
A judge has refused to allow Forte Construction to file a late amended defence after it failed to comply with three orders in a $3 million case brought by the liquidators of collapsed real estate fund manager iProsperity, saying the court was being treated with “absolute contempt”.
Construction PRO
Perth Airport appeals finding it misled United Petroleum with Qantas promises
The operator of Perth Airport has filed an appeal after United Petroleum won its case alleging it was induced to enter into a $900,000 lease and construction agreement with promises of redevelopment at the site.