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Arrium directors, KPMG deny ‘playing games’ in class action trial
A mid-trial fight has erupted in a class action over the collapse of steelmaker Arrium, with the company's auditor and directors saying the case had swerved, and the plaintiff accusing the respondents of "playing games".
Class closure worth the $1M cost, judge in J&J cold meds case says
In ordering early registration for a class action against a Johnson & Johnson unit, which estimates its defence costs at over $22 million, a judge has said the "very expensive" process is appropriate.
Construction PRO
$1.2B Mandarin Centre redevelopment sparks courtroom fight
One of the entities behind the $1.2 billion redevelopment of the Mandarin Centre in Chatswood, Sydney has launched proceedings against its former business partner, alleging it acted in breach of its good faith obligations when it agreed to buy out its stake.
Construction PRO
Law firm can’t gag solicitor in ‘deposit flicking’ dispute
A judge has declined to block a solicitor from representing that a new conveyancing firm, which aims to help real estate agents comply with AML/CTF obligations by holding property deposits, is operating an illegal business model.
Construction PRO
Allmine subsidiary loses $7M preference claim against ATO
The failed construction business of Allmine Group's Arccon was not insolvent when it paid $7 million in tax liabilities, despite signs of financial distress, a judge has found, dismissing a case by a liquidator's assignee against the tax office.
Top judge says fear of AI keeps him up at night
Human experience must remain central to judicial decision-making, a top judge has warned, even as he acknowledged that artificial intelligence was just as capable as civil law judges of fair adjudication.
Former partner sues Potentia Capital over alleged settlement breach
A former partner at Potentia Capital Management has brought proceedings claiming the private equity firm breached a settlement agreement after his employment at its fintech Linkly was terminated following alleged whistleblower complaints.
Construction PRO
Lilydale developer says JV partners breached quarry-filling deal
Lawyers for LBJ Developments have told a judge that its joint venture partners on a development at the former Lilydale quarry breached their obligations by failing to honour a contractual right to tender for quarry filling works at the site.
Construction PRO
RSL club loses bid to halt $3M SOPA judgment for builder
An RSL club in Wollongong, NSW can't pause execution of a $3 million judgment secured by a contractor pending determination of a defects case, despite claiming "catastrophic" consequences.
‘Retired if not dead by trial’: 3M judge grapples with ‘daunting’ $2B case
The judge overseeing the federal government’s $2 billion PFAS lawsuit against 3M is grappling with how to move the "daunting" case forward, warning the parties "we'll all be retired if not dead by the time it comes to trial".