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Construction PRO
A judge has refused a bid by the director of property developer Vantager to stay orders to sell his property while he appeals a decision finding him liable for a “brazen fraud” after a $45 million sale was negotiated for a Denham Court property that was only worth $10.8 million.
US-based advisory firm White Oak, which has sued insurer IAL over the collapse of Greensill Capital, has been ordered to hand over WhatsApp messages between its former CEO and billionaire Sanjeev Gupta.
Construction PRO
A judge has rejected Hall & Wilcox's bid to narrow the terms of the court's inquiry into whether legal advice it provided to defunct construction group Hastie was reasonable, before a costs assessor weighs in on the firm's $18.6 million legal bill.
Lawyers for radio personality Jackie 'O' Henderson are seeking to keep October trial dates for her showdown against former employer ARN after her former co-host Kyle Sandilands settled his case against the company for $12 million.
Construction PRO
Asset Energy has failed in its bid for judicial review of the denial of an extension for a permit for its PEP11 gas exploration project off the Hunter coast in NSW.
HSBC has agreed to pay a $35 million penalty in ASIC proceedings after it admitted to serious failures in protecting customers from scams, but a judge is questioning whether the penalty is high enough.
Construction PRO
Super fund trustee REST Nominees is the first of the Dexus bloc of APAC shareholders to challenge a finding that a default notice issued by the board of the airport operator was valid.
A class action by public housing tenants in the Northern Territory claims a judge's decision to split the trial was based on a misunderstanding of fact and will lead to a "multiplicity of appeals".
The High Court has unanimously sided with the corporate regulator in finding that cryptocurrency firm Block Earner's 'Earner' product was a financial product and a derivative and that it required a financial services licence.
The High Court has slashed by 75 per cent the exemplary damages won by former youth detainees in Darwin who were unlawfully sprayed with tear gas, despite finding the conduct was "reprehensible".