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Super fund HUB24, which rejected the now collapsed First Guardian fund as an investment for members, can protect its due diligence process from getting into the hands of rival Diversa, whose members weren't so lucky.
The judge overseeing class actions against Hyundai and Kia has taken the parties to task over lack of progress in the cases, calling them out for “paying lip service” to the obligation to proceed expeditiously.
Construction PRO
A director of collapsed builder Shangri-La Construction who was found personally liable for $3.2 million in rectification costs for combustible cladding in a Melbourne apartment complex has failed to pass on his costs to his insurers.
Construction PRO
A court has excused the developer of a warehouse in greater western Sydney from paying a $1.38 million rent guarantee to CapitaLand Ascendas' REIT trustee Perpetual, finding it met its obligation to procure a tenant.
Construction PRO
The builder and the developer of Sydney's 'The Eliza' apartment building have sought special leave with the High Court after they lost their challenge to a referee report that found it was reasonable for the owners to block them from rectifying defects.
The liquidators of an unregistered managed investment scheme run by convicted fraudster Chris Marco have fended off a summary dismissal application by investors, with a judge finding that it was not so obvious that they would be entitled to a good faith defence to warrant tossing the case.
Meal delivery companies Hello Fresh and Youfoodz say the consumer regulator needs to provide more details in its cases alleging customers were charged a fee after cancelling subscriptions.
The wife of a Dubai investor who is accused of failing to repay a $10.7 million debt over a "highly unusual" airport investment proposal has been hit with a third-party freezing order, after the court heard that she received $1.2 million from her husband's business.
A judge has refused to order a competitive tender process for the administration of a $549 million settlement in a class action over the Morrison government’s Robodebt scheme, while also questioning the funder’s bid for a $71 million commission.
Qantas has agreed to pay $105 million to settle a class action on behalf of hundreds of thousands of customers who allegedly never received refunds after their flights were cancelled during the COVID-19 pandemic.