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Concerned Sequoia Wealth wants to limit liability for claims linked to the $1 billion collapse of the Shield and First Guardian funds, ASIC has asked a court to appoint receivers from KPMG to probe the sale of Interprac Financial Planning.
A judge has rejected a bid by Toyota's finance arm to require group members in two class actions to register ahead of mediation to participate in any settlement arising from mediation in the cases.
Construction PRO
A judge has threatened to vacate the trial in Dexus’ case against Melbourne Airport operator APAC after all the defendants tried to file documents late, suggesting the lawyers may be hit with personal costs orders.
Construction PRO
Construction company Impero Pacific Group has been placed into liquidation with a reported $21 million in debts.
Construction PRO
German car hire company SIXT has attacked the Darwin International airport owner's construction of their lease contract in a $1.9 million spat over the appropriate formula for rent calculations, saying it was trying to have the "best of both worlds".
Construction PRO
Trial in a case by the Wilderness Society challenging Santos' plans for its Reindeer gas field kicked off Tuesday, with counsel for the activist group saying the energy giant needed to show it coud cover decommissioning costs.
Construction PRO
NextDC has issued a $1 billion wholesale securities offer to finance its growth, as the global data centre business booms on the back of an AI frenzy.
A judge has asked for more information on why he should approve $43.1 million in legal fees in a class action against AMP that settled for $120 million, calling the amount "extraordinary" and "troubling".
A Melbourne adviser is the latest person linked to MWL Financial to be banned for spruiking Keystone Asset Management's failed Shield fund to clients.
Construction PRO
Questioning of the first witness in Dexus' case against Melbourne Airport's operator was an hour in when trial was halted by the judge, who complained of flying by the seat of his pants, documentary evidence-wise.