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A junior Ashurst lawyer's failure to register a drug wholesaler's $51 million security interest over a group of Infinity pharmacies was inadvertent, a judge has found in granting a bid to extend the deadline for registration.
Magnis Energy Technologies has missed the deadline to file its evidence in ASIC proceedings over allegedly misleading disclosures about its lithium ion battery plant, with a court hearing the company's new lawyers have not had a chance to brief counsel.
Construction PRO
Property group Salta has shed its 50 per cent interest in Preston Market to long-standing co-owner Medlich as part of a strategy to expand its build-to-rent business.
Construction PRO
A Queensland construction company that bought land following its resumption by a state government agency is not entitled to be compensated for the land grab, a court has found.
A judge has dismissed a bid by a group of labour hire companies to disqualify former Labor MP now Fair Work Commission deputy president Terri Butler from same job, same pay cases for apprehended bias.
The corporate regulator should not be immune from the risk of special costs for actions doomed to fail, says a judge who flayed ASIC last month for bringing a case against TerraCom directors it should have known was a dud.
Construction PRO
Gateway Capital has acquired a warehouse in Sydney's Eastern Creek from private equity firm Blackstone for $75 million as part its plan to build a $800 million industrial and logistics portfolio.
Construction PRO
The Port Authority of NSW has won its claim for public interest immunity over six cabinet documents in a suit by a defunct sand importer over a lease agreement for a mulit-user facility at Glebe Island, with a judge finding they had little forensic value.
Construction PRO
A judge has declined to order security in developer Gilridge Investments’ payment claim fight with Diamond Builders over a $5.3 million apartment project, saying the builder failed to show the penniless developer would not be able to cover its costs after completing the troubled project.
Construction PRO
Environmental activists seeking to block Tamboran’s gas exploration project in the Northern Territory have criticised the natural gas company's water contamination risk assessment, telling a court it was based on a “gut feeling”.