Justice Lisa Nichols

In a hearing on its challenge to $10.6 million in stamp duty tax, ISPT said Monday Victoria's State Revenue Office was not entitled to aggregate two acquisitions that increased its stake in the Fort Street Real Estate Capital Fund to 95 per cent.

The judge overseeing class actions against Hyundai and Kia has taken the parties to task over lack of progress in the cases, calling them out for “paying lip service” to the obligation to proceed expeditiously. 

Built has lost its lawsuit against the Victorian Correctional Infrastructure Partnership over a dispute resolution mechanism in a construction subcontract for upgrades to the Metropolitan Remand Centre. 

Macquarie is fighting a bid to amend a class action over an alleged misleading prospectus for Nuix’s $1.8 billion IPO only months out from trial, calling the changes “unclear and unfair”. 

Mercedes-Benz has hit back at a class action over alleged emissions cheating, denying its cars were fitted with defeat devices and arguing any engine features found to act as such devices were needed for safety.

Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.

Carlisle Homes has prevailed on a preliminary question in a dispute with Nexus Office over alleged defects in a Nexus Mulgrave rental space, with an appeals court finding an expert had not properly determined the dispute. 

A judge has adjourned a hearing seeking approval of a $37.35 million settlement in a shareholder class action against EML Payments over concerns about the exclusion of late registrants and claims.

The judge overseeing a class action against TeleChoice has told the parties to be “prepared to spend the money” to advance the case after settlement talks stalled, saying the court is “not going to allow this to drag on”.

Shine Lawyers has withdrawn an application to increase its payout from a class action against EML Payments, which has settled for $37.2 million.