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Gold producer Black Cat has won orders for the ASX to produce documents relating to the identity of brokers involved in bids for company shares, with a judge finding it may have claims for market manipulation.
A shareholder of gold and lithium exploration company TG metals has won its bid to inspect the company’s books over concerns about two capital raisings that occurred within six weeks of each other.
Online trading platform IG Markets must pay over $5.5 million in damages to a customer, with a court finding a contract term that purportedly allowed it to reverse transactions made in error was unfair.
Construction PRO
Liquidators of collapsed Forge Group are close to settling their insider trading case against engineering and construction company Clough and former directors, a court has heard on what was to be the first day of trial.
Construction PRO
The owners of Perth high rise HBF House have won their bid for more documents from builder CIMIC, as they seek to prove claims that the building squeaks when the weather changes and leaks when it rains.
A solicitor who acted for both parties in a fight between a company and its director has been struck from the roll, with a court finding his attempt to hide the conduct was “worse than the crime.”
Construction PRO
Spanish infrastructure giant Acciona has lost its bid to transfer a dispute over a $511 million waste-to-energy facility in East Rockingham, with a judge finding no overlap with another matter in the Federal Court.
A Western Australian solicitor has been struck from the roll after he continued to practice under a cancelled licence following mismanagement of trust funds and a failure to lodge tax returns.
A judge has retroactively validated the appointment of BDO as auditor for litigation funder Omni Bridgeway after EY resigned due to a class action conflict, saying the failure to seek shareholder approval for the appointment was not the result of a blatant disregard for its obligations.