Most Recent
Class action can’t send personalised opt out notices in IC Markets case
IC Markets has prevailed in a fight with the applicant in a class action against the brokerage firm, which sought to personalise a notice to group members advising them of the case.
Class action gets hands on Phoslock docs produced in AFP probe of China operations
Phoslock Environmental Technologies, which has produced hundreds of thousands of documents to federal police as part of an investigation of the company's China operations, must hand over the bundle to a class action.
Construction PRO
OneSteel’s administrators win case over Whyalla port infrastructure
A GFG subsidiary has lost its cross-claim in a battle with OneSteel's administrators over infrastructure assets at South Australia's Whyalla port, which is used to export the state's iron ore.
Construction PRO
Global Capital liquidators expand case over $50M development
The liquidators of real estate investment company Global Capital Property Fund have expanded their suit alleging breaches of fiduciary duties in relation to a $50 million Queensland development, adding special purpose vehicles for several developments in Victoria.
TerraCom hit with $7.5M penalty in ASIC whistleblower case
A judge has hit coal producer TerraCom with a $7.5 million penalty in ASIC proceedings alleging it made misleading statements to the market that damaged a whistleblower's reputation. 
IC Markets fights class action’s bid to access ‘highly private’ info for opt-out notices
IC Markets is fighting a class action's bid for “highly private and confidential” information about possible group members to craft personalised opt-out notices, arguing the information would be safer in the hands of a third-party mailing house than a plaintiff firm given increasing cyberattack risks. 
Construction PRO
Global Capital directors accused of breaching duties over $50M beachfront development
The liquidators of real estate investment company Global Capital Property Fund have sued the company’s current and former directors, alleging breaches of fiduciary duties in relation to a Queensland development.
Construction PRO
Clough appeals stay of $54M cross-claim in EnergyConnect spat with Elecnor
Engineering firm Clough Projects Australia is challenging a judge's order staying its $54 million cross-claim against former Energy Connection joint venture partner Elecnor.
Blue Sky class action not fleeing to Victoria after High Court solicitors’ CFO ruling
A class action against Blue Sky Alternative Investments won't seek to transfer the case to contingency fee-friendly Victoria despite a High Court ruling that put the kibosh on solicitors' common fund orders. 
Construction PRO
Elanor recommends shareholders reject Lederer’s ‘opportunistic’ $284M takeover bid
Elanor Funds Management has recommended shareholders reject a $284 million unsolicited takeover bid by the Lederer Group, saying the price is “opportunistic” and materially undervalues the commercial property fund.