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Before the decision in the Brambles case this week -- the first shareholder class action to succeed at trial -- the path to proving loss from disclosure breaches was a thicket of, well, brambles. Now after six consecutive losses, Justice Bernard Murphy has paved the way for plaintiffs to prevail.
Construction PRO
A deed of company arrangement for three companies associated with developer Descon-Adcon has fallen apart after former boss Danny Isaac failed to make a $5 million contribution required under the rescue plan.
Construction PRO
Transport for New South Wales is mulling an appeal of a ruling that ordered it to pay an additional $28.6 million for land acquired to build the M12 motorway to the new Western Sydney Airport.
Construction PRO
Pacific Werribee shopping centre owner QIC says its misleading conduct case against co-owner Wadren and consulting firm KPMG is viable even in the absence of a defects finding in a related case against Probuild.
Colin Biggers Paisley has lured an insurance partner from Clyde & Co who has represented insurers in relation to shareholder class actions and regulatory proceedings.
A judge has ordered McDonald’s to provide any records of discussions among senior management about a court ruling that led to a class action suit over the company’s alleged failure to grant employees 10-minute rest breaks.
Construction PRO
A judge has said that a series of cases stemming from a $55 million defects claim over the Port Botany Enfield Intermodal Logistics Centre need to be "case managed with an iron fist".
Construction PRO
A judge has put Star on the hook for over $1 million in Buildcorp's legal costs after largely losing its suit over alleged defective construction work on its Sydney casino, describing the case as "fairly disastrous".
Sydney’s four largest mobile crane companies have denied claims by the ACCC that agreements on a group chat to not supply cranes to certain customers and construction sites were anti-competitive.
Construction PRO
A court overseeing a $356 million defects case has ordered Pacific Werribee Shopping Centre's owners to produce communications between an engineering consultant and Big Six firm Allens, finding legal privilege was waived.