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Macquarie breached obligations over Shield fund, court finds in ASIC case
Macquarie Investment Management breached its obligations after its members invested $321 million in Keystone Asset Management's failed Shield fund, a court has found, but the super trustee will not pay a penalty.
GrainCorp class action defeats security for costs application
A class action by property owners near a GrainCorp factory in rural Victoria has defeated the company's bid for security for costs, with a judge finding the orders would "stultify" the proceedings.
ASIC can pursue case against retailer Snaffle over ‘inflated’ prices
The Australian Securities and Investments Commission has been given the green light to pursue a consumer case alleging defunct online retailer Snaffle charged consumers inflated prices.
Construction PRO
Dexus to quiz APAC chair ahead of trial in airport shareholder row
Dexus can question APAC's chair on the material relied on by the Melbourne Airport operator in issuing a default notice requiring the real estate asset manager to sell its stake, ahead of trial in a fight over the validity of the notice.
Construction PRO
Director can’t escape Symich Building liquidator’s examination despite fear of stroke
A director can't escape an oral examination by the liquidator of collapsed construction company Symich Building on medical grounds, with a judge saying the doctor who certified her as unfit seemed to misunderstand that examinations are “adversarial in nature”.
Construction PRO
Nickel mine shareholders to pursue funders in case over aborted $70M sale
After a win in their spat over the sale of Brazil's Santa Rita nickel mine, two Australian companies who held all shares in the mine's owner, Atlantic Nickel, may seek costs against Omni Bridgeway and Balance REV, the litigation funders of the loser in the case.
Medibank slams ‘illogical’ ruling on Deloitte report in data breach class action
Medibank has criticised a judge’s finding that legal professional privilege did not attach to a Deloitte report commissioned in the wake of a massive data breach, arguing she came to an “illogical” conclusion. 
Class action to fight Optus bid to suppress pleadings ahead of trial
The applicant in a class action against Optus over a 2022 data breach has flagged a fight over the telco giant’s bid to suppress the pleadings in the case, saying group members are entitled to know the case brought on their behalf.
Construction PRO
Modco liquidators escape dismissal bid but must pay costs after 10-month delay
Liquidators for defunct residential builder Modco have defeated a summary dismissal bid in a case over unfair preference payments but have been ordered to pay indemnity costs after 10 months passed without them taking a step in the proceeding.
Sydney Uni academics want Bondi massacre cut from case
Two University of Sydney academics accused of making anti-Semitic remarks following the 7 October 2023 attacks by Hamas have questioned proposed amendments to a discrimination case, including references to the Bondi massacre in December.