The plaintiffs in a shareholder class action against Lendlease have lost their bid for further discovery from the builder, with a judge taking a swipe for their “flagrant” failure to meet deadlines.
A judge who was previously the head of class actions at Maurice Blackburn has questioned a bid by Fletcher Building that he recuse himself from presiding over a shareholder case against the construction company.
Group members will receive no less than 50 per cent of a $42.25 million settlement reached in a shareholder class action against engineering firm CIMIC.
An advertising exec has won the green light to build a two-storey residence on Sydney’s Tamarama headland, despite the council’s concerns that ten stone “cocoon” structures will “loom over” the iconic Bondi to Bronte coastal walk.
The former owner of 28 hectares of land in Western Sydney has sued Sydney Water, alleging it deliberately sought to prevent the sale of the property on the open market and disputing a $347 million valuation.
Dutch airport operator Schiphol has upped its shareholding in Brisbane Airport ahead of the 2032 Olympic Games, guaranteeing itself a second board seat.
Corrs Chambers Westgrath helped get Stockland’s complex $1.06 billion acquisition of a dozen masterplanned community from Lendlease over the line late last year.
Telstra has paid a $394,380 penalty for shirking its obligation to check internet speeds when migrating customers to the NBN.
Ultra Tune has lost its appeal of a record $1.5 million fine for contempt after it failed to follow a court-ordered compliance program in proceedings brought by the consumer watchdog.
The plaintiff in a negligence case against Waller Legal has failed in his last-minute call to vacate the trial to obtain more documents, an exercise a judge said would “make a mockery of the Civil Procedure Act”.