Industries

A judge has ordered a foreign investor in rare earths miner Northern Minerals to pay pecuniary penalties after it failed to comply with divestment orders, in the first case brought over alleged breaches of foreign investment laws.

Melbourne mattress and bedding start-up Sleeping Duck has settled a suit against its former chief financial officer, who has admitted to breaching confidentiality obligations to the company by disclosing information to a competitor.

Allens has lured a senior corporate partner from rival firm Herbert Smith Freehills Kramer.

A court has ruled that the body corporate of a block of units can bring a contract claim against builder Devine in its own name, finding that parliament did not intend to import the technical legal meaning of ‘subrogation’ into legislation governing owners corporations.

Coles Group's proposed leasehold acquisition of a Kalgoorlie supermarket and liquor store site needs further review, the competition regulator said Thursday.

Construction company Crema has lost a bid for an injunction blocking the developer of a luxury apartment complex in Melbourne’s east from accessing $6 million in performance security amid a fight over project delays.

The merger regulator will put Coles Group's proposed purchase of a Kalgoorlie supermarket and liquor store site in the hot seat, saying the leasehold acquisition could limit competition and needs further scrutiny.

A judge has called the conduct of the director of property group Vantager “breathtaking” in its “brazen dishonesty” after he misappropriated $33 million from a $45 million property sale with the help from his accountant.

Supermarket giant Coles and fast-food chain Hungry Jack's are among companies facing class actions by South Australian employees over Sunday pay entitlements.

Two Liberty Steel companies want a case brought in NSW by administrators for collapsed supply chain finance company Greensill to be put on hold while a related case in the UK is on foot.