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Construction PRO
Communications between the environment minister's department and Woodside over the gas company's controversial North West Shelf project raised concerns about the apprehension of bias, activist group Australian Conservation Foundation has told a trial judge.
The litigation funder that backed a recently settled shareholder class action against the directors of collapsed mining company CuDeco and KPMG will seek a 35 per cent cut from the settlement.
Coles has argued that the competition regulator’s decision rejecting the supermarket giant's bid to lease a new site in Kalgoorlie, WA was based on a theory of harm that is novel under Australian law.
KPMG has appointed John Sams as its new CEO, promising the homegrown executive will deliver on an action plan drafted in the wake of the leaks scandal to build a “stronger, more accountable firm”.
Gold producer Evolution Mining has won an initial trial against the Australian Tax Office over a purported decision to cancel the transfer of $31 million in tax losses after it acquired Conquest.
ASIC has raised the prospect of criminal charges linked to the Shield Master Fund, after bringing civil penalty proceedings alleging up to $530 million in retirement savings was used for unauthorised purposes.
Investment manager Macquarie is the first to face a class action by investors who sank their super into the Shield and First Guardian Master Funds, with other investigations underway.
Construction PRO
A judge has been convinced by the “slenderest of margins” to allow a Canberra developer to amend its case against two contractors over the collapse of a shoring wall and piers, finding that the current case could not be maintained against the builder.
Construction PRO
Lendlease has established an investment partnership with Dutch pension fund manager PGGM with an investment capacity of up to $1.1 billion.
A judge has made a group costs order that will give Maurice Blackburn one third of any recoveries in a class action against Entain, rejecting the firm's bid for a higher contingency fee rate than earmarked in its parallel Sportsbet class action.