A former Holden dealer has lost a $9 million suit alleging General Motors misleadingly represented that it was “100% committed” to the line a few years before it decided to discontinue the brand.
A Dubai-based investor is seeking to vary “punitive” freezing orders won by a brokerage firm that claims he failed to repay a $10.7 million (US$7.2 million) debt over a “highly unusual” airport investment proposal.
The University of NSW has been hit with a $211,200 penalty after admitting to “systemic” underpayments of casual staff at its business school.
Otsuka Pharmaceuticals has asked the High Court to overturn a decision revoking its Abilify patent extension, saying the ruling, which limited the extension-of term scheme to active substances only, will “lead to a groundswell of court proceedings”.
The purchaser of the site of the 108-room hotel Continental Hotel Sorrento has sued a consortium that rescued the development after it hit financial troubles, claiming it was excluded from the final stages of the receivership.
King & Wood Mallesons has lost a seasoned M&A partner with expertise in real estate and infrastructure deals to Gilbert + Tobin.
A Sydney developer who claims his solicitor provided faulty advice relating to a financing facility for a project that went into receivership has been granted access to documents from the lawyer.
The developer of a luxury apartment complex in Sydney’s CBD has fended off a stay application in a spat with the owners corporation, with a judge finding that it was not precluded from resolving their dispute through the courts.
Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.
More than four years after the roof of the Kew Recreation Centre in Melbourne’s east collapsed, builder ADCO has filed a suit seeking millions in damages from the local council, alleging it provided a defective design which made collapse “inevitable”.