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Potentia Capital co-founder Tim Reed has told the Federal Court settlement negotiations with former partner Andrew Joyce were in "flux" and never finalised, in a case by Joyce seeking to enforce the terms of the agreement.
Last year saw the lowest number of class action filings since 2016, but approved settlements reached the second-highest total ever, according to a recent law firm report.
Construction PRO
A Western Sydney landowner has secured a partial win in its challenge to the valuation of land compulsorily acquired for the M12 Motorway.
Property listings giant Domain plans to attack the validity of a Deloitte report which was used to support competitor REA Group’s claim that it attracts the buyer for 9 in 10 homes sold, a court has heard.
Construction PRO
Property listings giant Domain plans to attack the validity of a Deloitte report used to support competitor REA Group’s claim that it attracts the buyer for nine in 10 homes sold, a court has heard.
The Australian Energy Regulator must repay AGL a $25 million penalty secured by the watchdog in a Federal Court case, after the power company prevailed on appeal.
Construction PRO
The liquidators of GFG Alliance's Tahmoor Coal are challenging a decision over a royalties deed in favour of former owner Glencore.
Slater & Gordon should pay $6.5 million in security in a shareholder class action against Star, the casino giant says, citing concerns about the law firm’s ability to foot its costs if the case fails.
Construction PRO
Lawyers for LBJ Developments have told a judge that its joint venture partners on a development at the former Lilydale quarry breached their obligations by failing to honour a contractual right to tender for quarry filling works at the site.
Construction PRO
Mallesons-represented Quinbrook Infrastructure Partners has obtained financing for the next stage of the Supernode battery energy storage system project in Queensland.