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ASIC says Sunshine Loans should pay $10.5M for ‘scorched earth’ defence
The corporate cop is calling for a $10.5 million penalty against Sunshine Loans in its unauthorised fees case, saying the payday lender's approach to the enforcement action was an example of "scorched earth" litigation.
Construction PRO
Developer Villawood defeats bid to withdraw admissions in fraud case
A company incorporated to manage a development in regional Victoria has lost its bid to withdraw admissions in a case by property developer Villawood alleging a former director engaged in a fraudulent scheme to divert management fees.
Construction PRO
VietJet loses appeal in $254M dispute over Airbus jet lease
Vietnamese airline VietJet has lost its appeal against the registration of a $254 million judgment in a dispute over payments for the leasing of Airbus A321 passenger jets.
MinterEllison, Clayton Utz trim operations jobs, deny cuts linked to AI
MinterEllison and Clayton Utz have confirmed cuts to the number of business operations jobs at the firms but deny the increasing adoption of AI tools was a factor.
Construction PRO
Ingenia rejects Warburg Pincus’ latest takeover offer
Ingenia Communities has rejected a revised $2 billion unsolicited takeover offer from private equity firm Warburg Pincus, which would require it to abandon its acquisition of land developer Peet.
Full Court tosses Plus500’s bid to stay class action over arbitration clause
The Full Court has rejected trading platform Plus500's bid to stay a class action by investors who lost money on highly leveraged contracts for difference in light of an arbitration clause in its terms and conditions, upholding a finding that the clause was an unfair contract term.
Construction PRO
Judge DQs himself in contempt case against ex-Villawood boss
A judge has agreed to recuse himself from hearing a contempt case against a director of property developer Villawood after finding last year he gave false instructions to a Mills Oakley lawyer to mislead the court.
Construction PRO
Boroondara wins $50M for tennis centre acquired for North East Link
A judge has found the site of the Boroondara Tennis Centre in Melbourne should be valued at $50 million after it was compulsorily acquired for the North East Link project.
Construction PRO
Villawood fights bid to withdraw admissions in Wallan fraud case
Property developer Villawood has argued that a company incorporated to manage a project in regional Victoria can't withdraw admissions over an alleged fraudulent scheme by a former director to divert management fees. 
High Court won’t hear Giggle for Girls appeal of trans woman’s win
The High Court has declined to hear social media app Giggle for Girls' appeal seeking to reverse a finding that it committed direct discrimination on the basis of gender identity by excluding a transgender woman from its platform.