Industries

A judge has signed of on a settlement struck by the liquidator for failed financial services firm Babcock & Brown, which will resolve all remaining and future shareholder disputes, which have beleaguered the liquidator for 12 years.

Elanor Funds Management's board on Friday unanimously recommended that securityholders reject the takeover offer and provided an expert independent report from Kroll Group that concluded the offer of $0.70 in cash per stapled security undervalued the fund.

An appeals court has binned construction firm Shamrock's second bid to toss waste management firm Cleanaway’s $31 million claim for costs associated with cleanup of an Ipswich dump following a flood.

Housing developer Aspen Group has paid $14.1 million to acquire the remaining stages of the Wallaroo Shores master planned community in South Australia.

Clive Palmer has lost a battle over Western Australian legislation shielding the state from the fallout of a decision barring a proposed Pilbara iron ore project, with a tribunal finding it had no jurisdiction to hear the $300 billion case.

Puma has lost its opposition to a trade mark application by Tiger Woods' golf apparel and equipment brand Sun Day Red, failing to convince the Trade Marks Office that the company's logo is deceptively similar to its iconic leaping cat mark.

Saying the appeals court committed "fundamental errors" in approaching their claim of loss, the applicants in failed cases against the Commonwealth Bank have appealed to the High Court, in a case that could clarity the elusive test for damages in shareholder class actions.

A Gold Coast town planner has been ordered to pay over $400,000 to a landowner who a judge found received negligent advice over a proposed subdivision.

The builder of the Duke apartment complex in the Melbourne suburb of Collingwood has blocked the property developer from accessing a bank guarantee, with a judge finding there were serious issues to be tried over payments under their $8 million contract.

A construction law expert has been appointed as the new managing partner of national law firm Colin Biggers & Paisley.