Ashurst Perkins Coie

Dexus has lost its case over the validity of a default notice issued by Melbourne Aiport's operator, with a judge saying the real estate asset manager breached the company's confidentiality and "irrevocably undermined" its relationship with fellow shareholders.

An ASX statement from budget airline Rex that was optimistic about its 2023 profit prospects should have been corrected by April, ASIC has told a judge, disputing claims that the statement was not a forecast but merely an expression of what the board hoped for. 

McDonald’s knew that employees across its stores were not being given continuous 10-minute rest breaks and that its time-keeping systems were deficient, a judge heard on the first day of trial in an underpayments class action that could include 370,000 workers.

A judge has rejected a bid by a shareholder class action against water treatment firm Phoslock and auditor KPMG to put off paying $1.6 million in overdue cash security while negotiations about an ATE policy are on foot.

A recent judgment that clarified the date for assessing best method knowledge for divisional patents appears to create new difficulties for patent applicants, lawyers say.

The former executive chairman at regional airline Rex has admitted ASIC’s claims that he misled investors about the company’s position and breached his directors duties and may give evidence for the corporate watchdog, a court has heard. 

Four directors of regional airline Rex are set to decide this week whether they will remain silent in the face of allegations by the corporate regulator that they misled investors about the company’s financial position. 

In the first climate change case to reach its doors, the High Court has been urged to reject Mach Energy’s “strict approach” to considering the local impacts of its Mount Pleasant coal mine extension under the Environmental Planning and Assessment Act.

A landlord has won its bid to have lost rent and outgoings assessed as part of damages it is owed after a judge found baked goods producer Allied Pinnacle was required to repaint the outside when its commercial lease at a Western Sydney property ended.

A judge has allowed Adani unit Bravus to bring a $22 million counterclaim against Isaac Regional Council in Queensland, alleging it breached an agreement to upgrade a 96-kilometre road to access the Carmichael mine.