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Three Keybridge directors breached their duties when they approved a $4.75 million bonus for CEO Nicholas Bolton and arranged for the financially distressed company to advance Bolton a loan to acquire a $20 million property in Lake Como, a judge has found.
Construction PRO
An appeals court has overturned a finding that a Canberra golf course owner is restrained from developing the site by private covenants held by lot owners in a neighbouring residential estate.
Construction PRO
Three Keybridge directors breached their duties in approving a $4.75 million loan to help CEO Nicholas Bolton acquire a $20 million property in Lake Como, a judge has found.
A delegate has ordered the removal of American chef and restaurateur Wolfgang Puck’s ‘Spago’ trade mark, upholding a challenge by a Sydney-based Italian restaurant with the same name.
Construction PRO
A judge tasked with calculating damages owed former HWL Ebsworth client Gregory Lindsay-Owen has adopted a referees' report over his protests, saying it was open to the referees to refuse a $4.4 million tax adjustment.
Construction PRO
The company that paid $60 million for bankrupt Jon Adgemis' Noah's Backpackers hotel in Bondi Beach has been ordered to cough up $6 million in GST refunds to a Singapore special purpose vehicle that arranged a loan for the purchase.
Gadens has hired two new partners in its fintech and property practices to meet growing client demand.
Construction PRO
Gadens has hired two new partners in its fintech and property practices to meet growing client demand.
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.