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Construction PRO
An Australian Super entity is exempt from a $36.2 million tax assessment following the rezoning of a property in Dingley Village, in the first tribunal decision under Victoria's Windafall Gains Tax Act.
Jones Lang LaSalle has argued that its former national head of real estate cannot add an unfair dismissal claim to his lawsuit against the real estate giant, which was brought late due to a solicitor's mistake.
An email from Nuix's former CFO that referred to financial results as “worse than terrible” was an attempt to push the sales team to meet targets, a trial court has heard in a class action alleging misleading market disclosures ahead of the software firm's $1.8 billion IPO.
Construction PRO
Squadron Energy is poised to expand into battery storage and hybrid renewable energy projects after refinancing its $2.7 billion wind portfolio.
A failure by software firm Nuix to meet internal budgets ahead of its $1.8 billion IPO in 2020 was the result of “ambitious targets” to incentivise the company's sales staff, a court was told Tuesday.
In ordering early registration for a class action against a Johnson & Johnson unit, which estimates its defence costs at over $22 million, a judge has said the "very expensive" process is appropriate.
A judge has granted Johnson & Johnson's bid for soft class closure in a class action over alleged ineffective cold medications, saying it would aid in settlement negotiations.
The corporate regulator has sought court declarations against super trustee Netwealth over the failed First Guardian investment fund, which along with the collapsed Shield is believed responsible for $1 billion in losses.
Macquarie Capital has taken aim at the expert evidence of a shareholder class action over Nuix's IPO, saying it was "completely inadmissible" because the expert had answered legal questions that fell outside his expertise.
Hitting back at trial in a shareholder class action, software company Nuix has told a judge it was “completely unfounded” to allege auditor PwC did not push back on management’s claims about its budget.