Most Recent
‘Author of own misfortune’: Ex-BCEG directors can’t vary freezing orders after $12M judgment
Two former directors of the Australian unit of BCEG have lost their “urgent” bid to vary freezing orders after a judge found they swindled millions from the company to fund their own developments and buy a luxury apartment.
Downer Energy found liable for defective boiler at NSW power plant
A judge has found Downer Energy was responsible for a costly shutdown at a NSW power plant caused by a “practically unthinkable” defect.
Walk-away settlement reached with directors in RCR Tomlinson shareholder class action
An investor class action against RCR Tomlinson has reached a walk-away settlement agreement with two former directors of the failed engineering company.
ACCC considers sell-off in Sika’s bid to absorb MBCC
The Australian Competition and Consumer Commission is weighing up undertakings proposed by Swiss construction chemical company Sika AG to alleviate concerns that its planned acquisition of Germany-based MBCC Group would be anticompetitive.
Settlement in RMS Engineering class action wins court approval
A judge has approved a settlement in a class action against Queensland-based RMS Engineering and Construction alleging it refused to give staff meal breaks and threatened those who complained about excessive hours.
Home builder admits to unfair clause banning bad reviews by customers
Property developer Fowler Homes has admitted that its standard contract included an unfair non-disparagement clause preventing customers from publishing negative reviews or other feedback without the company’s permission.
ACCC wins price-fixing case against BlueScope Steel, senior exec
The Australian Competition and Consumer Commission has largely won its case against BlueScope Steel and former general manager Jason Ellis alleging they engaged in “serious cartel conduct” in relation to the supply of flat steel products in Australia.
NSW government has to prove $3B light rail was ‘necessary’, class action says
Closing a class action trial over Sydney's $3 billion light rail, a lawyer for 3,500 small businesses told a judge Wednesday the NSW government had to show that building the tram network was a “reasonably necessary” addition to the city's transport options.
Boral’s privilege claim upheld over EY investigation in shareholder class action
Boral has won its bid to shield from shareholders in a class action three investigative reports, including one by accounting giant EY, concerning financial irregularities in the construction company's North America windows business.
Judge slashes Opal Tower funder’s cut of class action settlement
A judge has approved a confidential settlement in a class action on behalf of 383 apartment owners in Sydney’s Opal Tower but slashed the amount sought by the funder.