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A failed class action against former NAB super fund trustee NULIS Nominees over $165 million in conflicted remuneration has asked the High Court to revive the case and provide clarity on the fees for-profit trustees can charge for their compensation.
Construction PRO
Washington H. Soul Pattinson has agreed to sell Brickworks' interests in its industrial property joint ventures with Goodman Group for $1.89 billion, following last year's merger between Soul Patts and Brickworks.
Construction PRO
A class action by the owners of a residential Sydney building is challenging a ruling for Alucobond panel maker 3A Composites and supplier Halifax Vogel, which found developers were responsible for ensuring the cladding's safety.
A class action is challenging the Federal Court's post-trial ruling for Alucobond panel maker 3A Composites and supplier Halifax Vogel.
Construction PRO
The Fair Work Commission has rejected Japanese company Inpex’s urgent application to halt industrial action at its Darwin Ichthys onshore and offshore facilities, saying the company failed to prove the action would significantly disrupt the economy.
A judge has rejected an application by online trading platform IG Markets to amend a cross-claim against a trader who earned $5.5 million in 30 minutes through a 'test market'.
Mallesons has promoted nine lawyers to its partnership, leaning into its strength as a go-to firm for the country's major banks by promoting four lawyers in its banking and finance practice, in addition to elevating two IP litigators.
Insolvency firm Cor Cordis says its ex-chair’s claims that it "confected" reductions to its work in progress to avoid paying his full retirement entitlements should be struck out.
Construction PRO
Victoria’s State Revenue Office has lost its challenge to a decision for shopping centre landlord Vicinity Funds, which quashed a $82.5 million stamp duty assessment on land occupied by Myer and the Lonsdale St Emporium.
A judge has approved a $67 million settlement in a class action against QSuper but has trimmed the payout for the litigation funder, criticising it for a "brazen and unjustified" deduction that was dropped during the hearing.