Mastercard has pushed back on the ACCC’s argument that it waived privilege over communications with lawyers, saying it would “take the law of waiver to a place it has never been before”.
Roberts Co has appealed a decision which required it to pay the entirety of subcontractor Sharvain Facades $3.2 million payment claim, despite it being filed after hours on a Friday.
AUSTRAC has ordered an external audit of international funds company Western Union after sounding the alarm about its compliance with anti-money laundering regulations.
The administrators of the company claiming to own the Whyalla Port have more time until a second creditors meeting to investigate a proposed DOCA as well as a $1.3 billion proof of debt served by Whyalla steelworks operator OneSteel.
The federal government is leaning into renewable hydrogen to decarbonise Australia’s heavy industries, providing up to $432 million to explosives and ammonia manufacturer Orica for its Hunter Valley hydrogen hub.
A court has appointed provisional liquidators to Melbourne developer Lion Property Group after hearing that $120 million of investor money was not properly accounted for.
Consolidated Properties Group has acquired the last remaining riverfront development site in the Brisbane suburb of Newstead for $64.5 million from Mirvac Group.
A defects case over an apartment complex in the Sydney beachside suburb of Maroubra has turned ugly, with a lawyer for the builder accusing the owners corporation of having a “tantrum”.
Investors in Till Payments have won discovery for a possible suit over $43 million in alleged losses suffered after it was sold for just $47 million following a $200 million capital raise, with a judge rejecting arguments that the bid amounted to a royal commission.
A judge has said an 11-day trial in ASIC’s case against Solve My Debt Now will go ahead in December despite a third set of solicitors ceasing to act and no sign that the debt management firm will put on evidence.