Industries

A restructuring proposal by the founder of Roberts Co has won the approval of creditors of the developer, which are owed a total of $100 million.

The ACT government is pushing for an initial trial dealing with “gateway questions” in a class action over alleged forced relocations of public housing tenants, after it lost a bid to summarily dismiss the case. 

General Motors has moved to strike-out a class action over allegedly faulty transmission systems in Holden cars, arguing the plaintiff needs to plead the alleged design flaw with specificity, not just by reference to symptoms.

Developer Geocon has lost its bid to strike out claims in a case over Canberra's Infinity Towers that it breached statutory warranties, with a judge saying it was a difficult legal issue best left for trial. 

Liquidators of Snowdon Developments have brought proceedings against building suppliers to claw back more than $2 million in payments they say were made while the Victorian developer was insolvent.

Companies in Sanjeev Gupta's steel empire, including the collapsed owner of Whyalla Steelworks, has been hit with action for allegedly failing to lodge annual reports with ASIC.

Centuria Capital Group has divested an office block in Sydney’s southern suburbs for $116 million after holding it for nine years.

The University of Newcastle has been hit with a class action alleging students were misled into studying an engineering degree that lacked professional accreditation and left them unable to apply for employment.

A lawyer acting for two senior Super Retail Group employees presented a PowerPoint to solicitors for the company on the damage to its share price if his clients' allegations went public, court filings say.

The corporate regulator has brought action against three companies in Sanjeev Gupta's steel empire, alleging the businesses have defaulted on their obligations to lodge annual financial reports.