An appeals court has rejected a class action’s challenge to a finding that Homes Victoria had a legitimate purpose in deciding to demolish and redevelop public housing towers in Melbourne, despite “lamentable” lack of consultation.
Superannuation fund Australian Retirement Trust has acquired a 48.5 per cent interest in Mirvac’s $1.7 billion build-to-rent fund.
Ashurst has nabbed a partner from Norton Rose Fulbright to join its global projects and energy transition team.
A new class action targeting Grill’d alleges the burger chain wrongly denied thousands of workers the rest breaks they were entitled to under enterprise bargaining agreements.
German drug maker Merck KGaA is fighting US drug company Merck Sharp & Dohme over the alleged use of the ‘Merck’ mark in Australia, five years after their intellectual property spat was settled.
AUSTRAC has launched an investigation into Bendigo and Adelaide Bank’s compliance with anti-money laundering laws, as APRA directs the bank to hold a capital add-on of $50 million.
An investigation commissioned by Optus into its fatal Triple Zero outage in September has found “at least 10 mistakes” made by the telco’s personnel and contractor Nokia, which was upgrading the network at the time.
Super trustee Netwealth has agreed to return over $100 million to members who invested their retirement savings in the First Guardian Master Fund, in the latest action by the corporate regulator over the failed fund.
A group of insurers can’t join Northwest Rail Link joint venture partners MTR and UGL to a suit by CPB Contractors and John Holland over a $100 million policy, with a judge saying the joint venture’s interests in the case are commercial rather than legal.
The liquidators of Falcon Capital, which is suspected of having misused $450 million in investor funds, have sued a Melbourne property developer, claiming he knowingly assisted Falcon to loan millions in trust money in a “dishonest and fraudulent design”.