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Allianz, AWP fined $16.8.M for misrepresenting travel insurance cover
Insurer Allianz and its distributer AWP have been convicted and fined $16.8 million after pleading guilt to charges of making false or misleading statements over travel insurance coverage.
High Court asked to find India can’t dodge $111.3M arbitral award
The High Court has been asked to overturn a ruling that found India was immune from a suit seeking to enforce a $111.3 million arbitral award because it did not involve a 'commercial' matter.
Judge shuts down Lovisa counsel’s ‘pejorative remark’ about employment class actions
A judge hearing a suit against Lovisa has questioned whether it should proceed as a class action, but shut down a 'pejorative remark' by the jewellery chain's barrister about Fair Work class actions.
Construction PRO
Steller Developments liquidator loses $102M suit against ex-directors
Collapsed Melbourne developer Steller has failed to convince a court that its founders and two former directors owe $101.9 million, with a judge rejecting claims that they personally guaranteed the company’s debt.
Construction PRO
AirServices can’t get separate hearing in airport lease fight over PFAS
A judge has rejected AirServices bid for a separate hearing on whether it was required to manage environmental issues outside of its leased site at the Launceston Airport in Tasmania.
Construction PRO
Developers’ email agreement on $1.3M loan not binding: appeals court
An appeals court has tossed a challenge to a judge's decision that found a property developer was required to return a $1.3 million loan, despite finding the judge erred in holding enforceable an agreement reached over email.
ASIC still has ‘grave concerns’ over businessman’s plans amid $35M probe
After losing a travel ban application against a Melbourne businessman as part of a probe into a failed investment fund, ASIC is now seeking freezing orders over his assets.
NSW loses bid to strike out class action’s ‘amorphous’ exemplary damages claim
The NSW government has lost its bid to strike out paragraphs related to a claim for exemplary damages in a class action alleging police conducted strip searches at music festivals as a matter of routine.
Construction PRO
Pipeline acquired by Conexa in $74.7M deal is taxable ‘land’: appeals court
An appeals court has found water infrastructure investor Conexa liable to pay land duty on a $46 million Sydney pipeline it acquired as part of a blockbuster deal with Rosehill.