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ASIC ‘pessimistic’ about mediation in case over Keystone Shield reports
The corporate regulator has told a court it has little hope for success in mediation in its case over SQM Research's positive reports on the failed Shield fund.
Construction PRO
IG Power sues CS Energy for $1B over Callide power station
IG Power has sued Queensland government-owned corporation CS Energy for $1 billion alleging it is liable for “catastrophic” incidents at the Callide coal-fired power station.
ASIC expands case against Resimac over hardship claim failures
The corporate regulator has expanded its case against Resimac that accuses the home loan manager of breaching its fairness obligations as a credit licensee towards customers who filed hardship applications.
Construction PRO
LU Simon points finger at architect, surveyor over combustible cladding
Builder LU Simon has brought cross-claims against the architect, building surveyor and cladding subcontractor that were involved in the construction of three Fitzroy apartment buildings fitted with combustible cladding. 
Dubber can’t halt discovery in $26M negligence case against BDO
Software company Dubber has failed in a bid to stay its case against BDO Audit pending the outcome of ASIC's action against the auditor, with a judge ordering discovery to proceed before the litigation is put on ice.
Construction PRO
Maxcon Developments director loses challenge to examination
A former director of defunct developer Maxcon Developments and his family members have lost a bid to set aside examination orders, with a judge rejecting their argument that the ATO was using the examinations as a “dry run” for other claims.
Construction PRO
Appeal succeeds over digital billboard on Grace Brothers building
A court will reconsider a development application for a digital billboard on a heritage-listed Sydney building, after finding that a commissioner relied on a superseded visual impact assessment report in refusing the application.
Shopping network TVSN settles WIN suit over broadcasting agreement
Shopping network TVSN has settled a lawsuit by Bruce Gordon's WIN Corporation alleging it failed to honour its obligations under a broadcasting agreement before inking a deal with Seven Network.
Jayson Gillham loses suit against MSO over concert cancellation
A judge has found the Melbourne Symphony Orchestra did not discriminate against pianist Jayson Gillham on the basis of political belief by cancelling a concert after he made comments that were critical of Israel's conduct in Gaza.
Sydney sinking homes class action settles on eve of trial
A class action on behalf of Sydney homeowners who allege their homes are sinking into the ground has reached an in-principle settlement, two weeks out from trial.