Most Recent
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.
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.
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
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
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.
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
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.
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 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 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.