Industries

Potentia Capital co-founder Tim Reed has told the Federal Court settlement negotiations with former partner Andrew Joyce were in "flux" and never finalised, in a case by Joyce seeking to enforce the terms of the agreement.

A judge has refused summary judgment in a $694 million suit by a company controlled by Chinese state-owned developer Beijing Capital Land against the director of developer Arden Group alleging it defaulted on loans linked to residential developments in Sydney and Brisbane. 

A developer has lost its bid for preliminary discovery for a possible case against the Dampier Bunbury Natural Gas Pipeline over representations made about pipeline upgrades needed for a proposed development in the town of North Dandalup.

A judge has given the liquidators of Tahmoor Coal the green light to expand their case against Sanjeev Gupta's Clydesdale Engineering Limited to allege that an additional loan document and more than $28 million in payments were part of an alleged voidable transaction.

Two former executives at Jones Lang LaSalle can bring unfair dismissal claims against the real estate giant, despite a solicitor’s error meaning the cases were technically out of time.

A judge has found that new planning rules that make solar farm development applications more onerous in Queensland applied retrospectively to X-Elio’s proposed solar project in the Western Downs region. 

Mall owner Scentre Group has sold a 50 per cent stake in Westfield Mt Gravatt to Australian Retirement Trust for $882.5 million, taking to over $3 billion its capital raising from joint venture sales in the past year.

Private equity firm Potentia Capital has accused the founder of software company Soprano Design of shareholder oppression, claiming he prevented Soprano's former CEO from performing his role, leading to his resignation four months into the job.

Origin Energy has completed a review into the information exposed in a cyberattack that affected 900,000 current and former customers, revealing the full bank details for a small number of customers were accessed.

Sequoia Financial subsidiary Interprac has won access to internal AFCA documents, as it pursues action against the financial complaints watchdog over determinations linked to the defunct Shield and First Guardian investment funds.