Industries

A settlement has been approved in a class action against a unit of Dennis Corporation, which was accused of wrongly terminating off-the-plan contracts when local property values jumped.

Sparke Helmore has hired a property lawyer with experience on major projects and her team from Moray & Agnew.

The Victorian Supreme Court has rejected a bid by gold sellers Sun Capital Investments and Australian Gold Capital to stop Westpac from closing its bank accounts, finding there was no serious question to be tried.

A judge has rejected a bid to amend a shareholder class action against Beach Energy, saying the way the applicant had articulated its case on loss by reference to an expert report was “apt to lead to confusion”.

A former Beacon Minerals project manager who managed the gold exploration drilling program for the company's Jaurdi gold project in Western Australia has pleaded guilty to one count of insider trading.

The ACCC will look deeper at IAG's proposed acquisition of the RACWA's insurance operations for the second time, saying there were concerns the transaction could substantially lessen competition.

The Federal Court has taken a more permissive approach to the use of generative AI than the NSW Supreme Court, allowing tools like ChatGPT to be used in creating affidavits with the proviso that the use must be disclosed.

Builder Watpac has lost its bid for a separate hearing on whether a guarantee provided to the developer of Sydney's One Central Park is time-barred, with a judge saying the question should wait until $180 million in defects claims are determined.

APAC issued a default notice to Dexus' infrastructure fund manager for a purported breach of a shareholder agreement during a share sales process to "get rid of" it, a trial has heard.

Glencore has failed on appeal in a case against Port of Newcastle, with an appeals court finding the coal company could not rely on submissions in litigation leading up to a final determination of the port's access charges.