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The consumer watchdog is pushing for a $36 million penalty against Emma Sleep after it admitted to repeatedly misleading consumers about discounts, but the online mattress retailer says a $2 million fine is adequate.
A defects class action against Ford that's been on foot since 2016 is headed to the Full Court again, after a judge recently ruled on two remaining issues in dispute following a High Court ruling on on how reduction in value damages should be calculated.
Construction PRO
Star Entertainment has finalised the first stage of the sale of its stake in Queen's Wharf Brisbane, disposing of its interest in owner Destination Brisbane Consortium to its Hong Kong joint venture partners.
Construction PRO
In a hearing on its challenge to $10.6 million in stamp duty tax, ISPT said Monday Victoria's State Revenue Office was not entitled to aggregate two acquisitions that increased its stake in the Fort Street Real Estate Capital Fund to 95 per cent.
Construction PRO
Alinta Energy has secured a long-term power purchase agreement with the state of Western Australia for what will be the state's largest wind farm.
Construction PRO
Addisons has hired a highly regarded real estate partner who brings over 30 years of experience advising top industry players.
A judge has approved a $50 million settlement in a class action against ANZ and superannuation trustee OnePath, but has slashed by half a proposed $1.76 million deduction for the plaintiff firm's after-the-event insurance.
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.
A judge has approved a settlement with KPMG in a shareholder class action over the collapse of mining company CuDeco, as well as a distribution scheme that will see payments to the funder but not group members.
Construction PRO
The High Court has declined to hear Mining Standards International's bid to overturn a stay in a $1 billion dispute over the terminated sale of a mine in Bahia.