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Construction PRO
Retirement village owner Milstern was not obligated to exclusively negotiate with Sydney property developer Cranbrook for the sale of five of its villages, a judge has found in refusing to make orders blocking Milstern from talks with an alternative bidder.
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".
A judge has approved a bid to drop claims on behalf of 340 property owners in a class action against Sydney developer Mulpha over a 683-lot development in Glenmore Park.
Construction PRO
A judge has approved a bid to drop claims on behalf of 340 property owners in a class action against Sydney developer Mulpha over a 683-lot development in Glenmore Park.
An ASX shareholder has won an interim bid to file a derivative case against several former directors over its CHESS replacement project, but a challenge over whether the case can proceed is still on the cards.
A class action against Mulpha over a 683-lot development in Glenmore Park will discontinue stigmatisation claims, with property damage claims still remaining, a court has heard.
Construction PRO
A class action against Mulpha over a 683-lot development in Glenmore Park will discontinue stigmatisation claims, with property damage claims still remaining, a court has heard.
Construction PRO
A unit of ASX-listed mining company Equatorial Resources has lost a bid to block its former solicitors Clifford Chance from arbitrating a $5 million costs dispute.
A judge overseeing a shareholder class action over the collapse of fund manager Blue Sky will explore how artificial intelligence can be used to reduce costs in the case, which have already reached $20 million.
A judge has questioned the level of detail in a 1,700-page proposed amended pleading in a shareholder class action over the collapse of fund manager Blue Sky, expressing "frustration" at the amount of unnecessary work that goes on in class actions.