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Forge liquidators near settlement in insider trading case against Clough, ex-directors
Restructuring & Insolvency 2025-06-04 11:44 pm By Cat Fredenburgh

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.

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Construction PRO
SOP adjudicator can decide if ‘new reasons’ offered for withholding payment: court
Construction 2025-06-04 11:51 pm By Andy Sidler

A SOP Act adjudicator had power to determine that reasons proffered by a Queensland construction company for withholding payment to a concrete subcontractor were “new reasons” and not properly made, a court has found.

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‘All or nothing gamble’: Law firm slams Aussie Home Loans declassing bid
Insurance 2025-06-02 11:27 pm By Christine Caulfield

Mortgage broker Lendi Group and insurer ALI Group want a proceeding on behalf of tens of thousands of Aussie Home Loans customers to be stripped of class action status.

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Penalty in ASIC case against TerraCom to wait until directors’ hearing
ASIC 2025-06-02 10:48 pm By Julia Kanapathippillai

Penalty proceedings in ASIC’s case against coal producer TerraCom have been put on ice until the regulator’s suit against the company’s directors goes to trial. 

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In ASIC win, Full Court says Qoin issuer not exempt under authorised rep rules
Financial Services 2025-05-30 3:26 pm By Sam Matthews

ASIC has succeeded in overturning a decision that found that Qoin issuer BPS Financial came within the authorised representative exemption with respect to agreements with Australian financial services licence holder PNI.

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Judge won’t let ACCC case against Spotless, Ventia get ‘totally unwieldy’
Competition & Consumer Protection 2025-05-30 11:54 pm By Sam Matthews

The judge hearing the ACCC’s price-fixing case against Downer EDI’s Spotless and Ventia has proposed an initial hearing to determine if the companies are in competition, saying he won’t let the case become “totally unwieldy”.

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Exactech settles class action over alleged faulty implants
Settlement 2025-05-30 11:29 pm By Julia Kanapathippillai

Medical device maker Exactech has reached a settlement in a class action over alleged defective implants, following the US company’s bankruptcy.

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Nine not required to post defamation apology on homepage: court
Defamation 2025-05-30 12:15 am By Andy Sidler

A judge has found that Nine’s apology to the former owner of collapsed budget airfare company Bestjet over unsubstantiated claims made in a story about the company’s demise was sufficient to resolve their defamation dispute. 

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Construction PRO
‘Absolutely crazy’: Judge baffled by costs fight 2 years after trial in shopping centre spat
Real Estate 2025-06-02 11:38 pm By Christine Caulfield

A bid by the parties for the court to determine legal costs in a successful case over the $55 million sale of a Queensland shopping centre has left a judge scratching his head.

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Construction PRO
Late artist’s ‘animus’ toward Cranbrook won’t bar school’s offer on $33M home
Real Estate 2025-06-02 10:36 pm By Cindy Cameronne

A charitable trust of the late artist Martin Sharp, known for designing album cover art for Eric Clapton, can sell his $33 million home to the neighbouring Cranbrook, despite having expressed “animus” towards the prestigious private school, a judge has said.

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