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Phoslock class action says FTI, KPMG reports not privileged
A shareholder class action against water treatment firm Phoslock wants the company to hand over reports by KPMG and FTI Consulting, arguing the material is not protected by legal professional privilege because it wasn't produced for the dominant purpose of providing legal advice.
Defunct AI start-up founder jailed for nine years for duping investors
The former boss of Metigy has been sentenced to nine years behind bars after pleading guilty to misusing company funds and providing false information to investors, who pumped $40 million into the AI start-up.
Construction PRO
Judge gives Seymour Whyte security, moans ‘glacial pace’ of subcontractor row
A judge has criticised the “glacial pace” of a dispute between Seymour Whyte and a subcontractor that stretches back over a decade, while awarding the construction company a further $150,000 in security for costs.
Construction PRO
Builtcom wins round in $21M dispute over Burwood development
Builtcom has scored a win in a fight over termination payments connected to a development in Melbourne's east, with a judge finding the entitlement to the payments was not extinguished by non-compliance with progress claim procedures.
Racing NSW scores win in fight over administration of Australian Turf Club
An appeals court has overturned a finding that Racing NSW was not entitled to appoint administrators to the owners of Sydney’s Randwick Racecourse.
Judge takes HSBC to task for late settlement with corporate cop
A judge has approved a $35 million penalty against HSBC in ASIC’s novel case over the bank's scam protection failures, despite questioning whether the punishment was severe enough given how long the case took to settle.
Construction PRO
Vantager founder can’t halt property sale after court found ‘brazen fraud’ in $45M sale
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. 
White Oak ordered to produce Sanjeev Gupta WhatsApp messages
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
Hall & Wilcox can’t constrain inquiry into ‘reasonableness’ of Hastie advice
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. 
Jackie ‘O’, ARN push to keep October trial date after Sandilands deal
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.