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On the first day of a seven-week class action trial, a judge has heard that AMP Superannuation failed to renegotiate interest rates with AMP Bank for up to 12 years, despite investing as much as $2 billion in customers' superannuation with the bank.
The lead applicant in a failed class action against NULIS Nominees has argued that any costs orders should be stayed until after its appeal, while the ex-NAB super trustee claims it should have $8 million in costs paid now.
Construction PRO
Administrators of construction company Roberts Co Victoria, which owes $272 million to 470 creditors, are justified in treating funds as if held on trust for subcontractors on six projects in Melbourne, a judge has found.
Lendlease has told a court that documents relied on by an ex-Greenwoods and Herbert Smith Freehills partner in his case contain privileged legal advice and without prejudice communications with the Australian Tax Office.
The Victorian Supreme Court has found it can rule on a competition claim by the owner of a lot in the Merrifield Business Park masterplanned community over a restrictive covenant preventing it from leasing the land.
Construction PRO
A judge has refused to stay a lease dispute between landlord Dexus and South Australia's premium medical research centre in favour of a contractual dispute resolution mechanism, saying it would be “unjust” to deprive Dexus of a court hearing.
Construction PRO
Lendlease has told a court that documents relied on by an ex-Greenwoods and Herbert Smith Freehills partner in his case contain privileged legal advice and without prejudice communications with the Australian Tax Office.
Construction PRO
A federal competition claim by the owner of a lot in the Merrifield Business Park masterplanned community over a restrictive covenant preventing it from leasing the land will be decided by a state court.
A $59 million settlement has been reached in a long-running class action accusing five major banks of foreign exchange rate-rigging.
SMBC has lost a bid for documents connected to King & Wood Mallesons opinions in its suit against fintech Humm linked to the Forum Finance fraud, with a court saying the Japanese bank did not share joint privilege over the material.