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Construction PRO
The High Court has been asked to undo a stay granted to gas giants Esso and Woodside in a lawsuit related to a project for extracting hydrocarbons in the Bass Strait.
A judge has awarded private equity firm CPE Capital, formerly CHAMP, $96 million in a dispute over a profit sharing agreement that was part of a deal to provide $150 million in vendor finance to FX Group Holdings for shares in trading platform Pepperstone.
The cyclist involved in a collision with former Victorian premier Daniel Andrews and his wife wanted more than half a million dollars in return for dropping threats of defamation proceedings, the couple has told the Federal Court.
Construction PRO
Dexus has halved the number of documents it claims are shielded by legal privilege from production to fellow owners of airport operator APAC ahead of trial over an alleged breach of a shareholder deed, a court heard Monday.
A director of med tech start-up Strongroom AI is claiming privilege against self-incrimination in a case by venture capital firm EVP seeking to recoup its $10.4 million investment.
A law firm partner working on a shareholder class action over the collapse of Blue Sky Alternative Investments has faced cross-examination by counsel for auditor EY over alleged delays in seeking to amend the case.
Banksia Securities investors who agreed to drop their case alleging breaches linked to a scandal-ridden class action have been hit with costs, with a judge saying the case was “plainly” not for the benefit of all group members.
A key witness has been barred from giving evidence via video link during an upcoming trial in pianist Jayson Gillham's discrimination case against the Melbourne Symphony Orchestra.
Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.
Construction PRO
A court has found that two of the three heirs to the owners of property investor Kurtz Group can continue to use the services of Arnold Bloch Leibler, finding no risk of conflict.