Most Recent
Keybridge directors breached duties over $4.75M bonus, Lake Como loan: court
Three Keybridge directors breached their duties when they approved a $4.75 million bonus for CEO Nicholas Bolton and arranged for the financially distressed company to advance Bolton a loan to acquire a $20 million property in Lake Como, a judge has found. 
Robodebt class action funder says judge wrong to apply ROI method
Appealing a judgment that halved its $71.25 million commission in the Robodebt class action, litigation funder Omni Bridgeway has told the Full Federal Court the result achieved by slashing the payout was unjust.
Phoslock class action to bring accessory claims against ex-boss, chair
A shareholder class action against water treatment firm Phoslock will bring new claims that the former managing director and ex-chairman are liable as accessories, a court heard Tuesday.
Construction PRO
Keybridge directors breached duties over $4.75M loan for CEO’s Lake Como property
Three Keybridge directors breached their duties in approving a $4.75 million loan to help CEO Nicholas Bolton acquire a $20 million property in Lake Como, a judge has found. 
Construction PRO
Dexus ordered to pay $30M in APAC shareholder dispute
Infrastructure fund manager Dexus must pay a total of $30 million in legal costs to Australia Pacific Airports Corporation and fellow APAC shareholders, after losing its case over a default notice that has forced a sale of Dexus' stake in the airport operator.
Blue Sky class action judge rails against ‘astounding’ waste of money
A judge has refused a bid by fund manager Blue Sky for an extension in a shareholder class action, saying the amount of costs wasted in the case by “unreasonable positions being taken” was "astounding".
Construction PRO
Judge frowns on APAC bill for media consultant, management costs in Dexus row
Hearing a fight over $40 million in costs in a case over the sale of Dexus shares in Australia Pacific Airport Corporation, a judge has said he doubts the airport operator can recover the hundreds of thousands of dollars spent on a media consultant during the dispute.
Jackie O challenges ARN’s privilege claim over investigation docs
Radio host Jackie O Henderson is challenging broadcaster ARN Media’s claims of legal professional privilege over documents relating to a workplace investigation following her on-air clash with former co-host Kyle Sandilands, arguing the dominant purpose of the investigation was not to obtain legal advice.
FX Group Holdings wins partial appeal of $97M judgment
FX Group Holdings has partly succeeded in its appeal of a finding that it owes private equity firm CPE Capital $96.89 million in a dispute over a profit-sharing agreement tied to the sale of CPE’s stake in trading platform Pepperstone.
a2 Milk files appeal in trade mark battle with Vic farmer
a2 Milk Company is challenging a decision that found a Victorian farmer's preparatory steps to selling products under a 23-year-old trade mark incorporating the 'A2' symbol met the bar for establishing use of the mark.