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Cement Australia has lost its bid to have a construction issue relating to a deed of release in a fight with a defunct subsidiary over a $1.2 million asbestos claim determined ahead of trial.
The Australian Tax Office is challenging a decision for Shell over a $99 million capital gains assessment in the energy giant's sale of its Woodside stake.
CMC Markets wants a class action to fork over $8.6 million more in security after substantially amending its case, which alleges the financial services firm issued complex, risky derivatives that were not appropriate for retail investors.
A Shine Lawyers-run class action over norovirus outbreaks on the Sun Princess cruise ship is cutting two of eight cruises from its case, a change set to affect up to 2,000 group members.
A recent judgment that clarified the date for assessing best method knowledge for divisional patents appears to create new difficulties for patent applicants, lawyers say.
ASIC says payday lenders Cigno, BSF and their directors should pay $150 million in penalties, arguing a judge should not have found they were entitled to a reduced $7 million in penalties because they had relied on legal advice from Piper Alderman.
Shell’s Australian arm has succeeded in challenging a finding by the ATO that it needed to pay an additional $99 million in capital gains tax after it disposed of its 34.27 per cent holding in Woodside Petroleum.
Construction PRO
A judge has granted Hassall Developments' bid to join insurance broker Arthur J. Gallagher to a lawsuit against QBE over an $80 million special risks policy after “serious defects” were allegedly found in its Imperial Towers development in Parramatta.
A judge has slapped payday lenders BSF, Cigno and their directors with a combined $7 million in penalties for engaging in unlicensed credit activity, finding a lower penalty was appropriate given they had relied on legal advice from Piper Alderman.
Construction PRO
A director can't escape an oral examination by the liquidator of collapsed construction company Symich Building on medical grounds, with a judge saying the doctor who certified her as unfit seemed to misunderstand that examinations are “adversarial in nature”.