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Nuix has lost its appeal of a ruling that found it must pay $20 million in legal costs before its insurers must cover its bills for defending multiple class actions and an ASIC case over its $1.8 billion float.
Investment manager Macquarie and super fund trustee Netwealth are the targets of a class action investigation on behalf of investors who sunk their savings into collapsed funds Shield or First Guardian.
A class action against Insurance Australia wants to add car insurance customers to the case, and says extra defence costs by IAL -- which has already spent a "disproportionate" $3 million -- shouldn't bar the new claims.
Construction PRO
Sibayne Stillwater's Copper Mines of Tasmania has accused construction company Ian Harrington Group of inducing a subsidiary to breach a contract for rehabilitating a closed mine near Queenstown.
Four contractors are facing cross-claims in a class action against developer Mulpha over a 683-lot development in Glenmore Park.
A former producer of Seven's Spotlight, who gave evidence in Bruce Lehrmann's defamation case, is seeking to remove Thomsons as the solicitor for News Corp in his defamation and racial discrimination suit against the publisher.
The ACCC has referred global engineering and construction company Saipem S.p.A.'s proposed merger with rival Subsea7 S.A. to a Phase 2 assessment, raising concerns the deal could substantially lessen competition in the supply of infrastructure for Australia's offshore oil and gas industry.
Construction PRO
China’s largest state-run conglomerate CITIC has asked the High Court to hear its appeal in mega litigation with Clive Palmer’s Mineralogy over the $12 billion Sino Iron project in Western Australia.
Construction PRO
The liquidators of the Tahmoor coal mine in NSW, formerly owned by Sanjeev Gupta’s GFG Alliance, have lost their bid to disclaim a royalties deed in favour of former owner Glencore, with a judge finding it was not an “unprofitable contract”.
Construction PRO
Hungry Jack's has lost a spat with the owner of a site on which it operates a restaurant on the north coast of NSW, with a judge finding the rent payable by the fast food chain must account for the value of the land and the building.