A group of insurers can’t join Northwest Rail Link joint venture partners MTR and UGL to a suit by CPB Contractors and John Holland over a $100 million policy, with a judge saying the joint venture’s interests in the case are commercial rather than legal.
The liquidators of Falcon Capital, which is suspected of having misused $450 million in investor funds, have sued a Melbourne property developer, claiming he knowingly assisted Falcon to loan millions in trust money in a “dishonest and fraudulent design”.
The liquidators of a defunct developer FSM have lost their bid to access unredacted copies of emails between Ray White Capital and King & Wood Mallesons.
Northwest Rail Link builders CPB Contractors and John Holland are pushing back against a bid by several insurers to join joint venture partners MTR and UGL to a coverage spat over a $100 million policy.
AMP has agreed to pay $29 million to settle a class action alleging insurance customers were overcharged, putting to rest another case stemming from “serious misconduct” that came to light curing the 2018 banking royal commission.
A developer has failed to revive its $400 million lawsuit against an investor over a development at the site of the former Pentridge Prison in Victoria, with an appeals court agreeing the case was properly dismissed.
King & Wood Mallesons has announced its China and Australia partnerships will split into two independent firms, 14 years after the pair’s merger created one of the world’s largest global law firms.
After years of pre-trial stoushes, a trademark dispute over Russian vodka has worn a Federal Court judge’s patience thin, with the judge remarking that the court was entitled to expect better from the litigants.
A SkyCity shareholder has lost his bid to bring a case against former executives and directors at the ASX-listed casino seeking to recoup a $67 million penalty over breaches of money laundering regulations.
The High Court will not hear sports merchandise company Fanatics’ trade mark fight with AFL apparel maker FanFirm, which Fanatics argued would provide guidance on the defence of honest concurrent use.