Industries

The applicant in a failed class action by members of NAB's MLC Super fund can't access a settlement deed in a separate class action against the fund trustee, which resolved days after the applicant's case was thrown out.

ASIC has won winding up orders against investment firm Falcon Capital and its managed investment scheme First Guardian Master Fund, after raising concerns about potential risks to investors. 

An automotive law expert has joined Moray & Agnew as a partner in the firm's corporate and commercial practice.

A judge has given the Victorian unit of Roberts Co more time to put forward a deed of company arrangement that would save the builder from liquidation, noting liquidation could imperil its projects and subcontractors, who could not bring claims under the SOP Act if it was insolvent. 

A judge has ruled the liquidator of Special Gold can advance claims against Dyldam Developments, which the collapsed Sydney developer has called "hopeless".

The engineering company behind the world-first Kwinana energy transformation hub in WA has lost a bid to strike out fraud claims from a case by the CFMEU over an enterprise agreement covering maintenance workers.

Indicative of Australia's housing crisis is new data showing a drop in apartment construction, according to the country's peak building group, with last year the worst for higher-density home building since 2011.

A franchisee class action against United Petroleum over alleged loss-making Pie Face stores has been ordered to hand over $3.7 million in security, with a judge finding it was not likely to stultify the class action.

Brokerage firm International Capital Markets says a class action over risky financial products must put up or shut up when it comes to claims in the case that neither applicant has standing to bring.