Gilbert + Tobin

A judge has ordered the former CEO and chief legal officer of Star to pay a combined $1.1 million in penalties for failing to act on "obvious" money laundering risks, but said the fines would have been higher had ASIC not struck a "generous" settlement with other directors.

The High Court has unanimously sided with the corporate regulator in finding that cryptocurrency firm Block Earner's 'Earner' product was a financial product and a derivative and that it required a financial services licence. 

Former directors of failed clothing retailer Mosaic Brands are claiming privilege over retainer letters between Deloitte and the company as special purpose liquidators investigate potential insolvent trading and directors duty breach claims.

Super fund trustee REST Nominees is the first of the Dexus bloc of APAC shareholders to challenge a finding that a default notice issued by the board of the airport operator was valid.

A judge has rejected Hall & Wilcox's bid to narrow the terms of the court's inquiry into whether legal advice it provided to defunct construction group Hastie was reasonable, before a costs assessor weighs in on the firm's $18.6 million legal bill. 

Norton Rose Fulbright has advised North Queensland Airports, the owner of Cairns Airport and Mackay Airport, on the $1.085 billion refinancing of its corporate bank debt financing.

Engineering firm Clough Projects Australia has lost its challenge to a judge's decision that stayed a $55 million cross-claim against former EnergyConnect joint venture partner Elecnor but kept Elecnor's case alive.

The forced divestiture of Dexus' stake in airport operator APAC will proceed, after a court on Friday discharged injunctions temporarily blocking the sale amid a dispute over the disclosure of confidential information.

Property manager Fortius wants to add new claims under NSW's Design and Building Practitioners Act against certifier City Plan Services in a dispute over the One Central Park development in Sydney.

Dexus has stood down executives, sacked its advisers and launched a review of its $7 billion infrastructure division, following last week's judgment upholding the validity of a default notice by Melbourne Airport's operator.