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Construction PRO
Developers’ email agreement on $1.3M loan not binding: appeals court
An appeals court has tossed a challenge to a judge's decision that found a property developer was required to return a $1.3 million loan, despite finding the judge erred in holding enforceable an agreement reached over email.
Court rejects NAB super trustee’s bid for first-ever class action indemnity costs
A court has refused to order the applicant in a failed class action against NULIS Nominees to pay indemnity costs, but has confirmed that so-called Calderbank offers can operate in group proceedings.
Mulpha threatens strike-out bid over claims in Mulgoa Rise class action
Mulpha says a class action over the Mulgoa Rise development in Glenmore Park, NSW needs to clarify its negligence case to enable the developer to decide on the viability of potential cross-claims.
Baker McKenzie lures partner back to tax group
A transfer pricing pro who spent ten years as a partner at Baker McKenzie has rejoined the firm's tax practice after a stint in-house.
Quintis misled the market, but class action’s loss narrative lost the case
In tossing the sixth securities class action to go to trial in recent years, a Federal Court judge has shown the task of proving shareholder loss is a doozy.
Construction PRO
One Central Park apartment owners sue Frasers over planter boxes
Apartment owners at Sydney’s $2 billion One Central Park have sued Frasers Property over 1,750 planter boxes they say are detaching from the two towers and contain combustible material.
Construction PRO
End to fights over Callide power station may be in sight, administrators say
The administrators for the operator of the Callide power station have won extra time to convene a second creditors meeting after the court heard they may soon be able to put to rest a series of complex disputes over the Queensland power station.
Construction PRO
Mulpha’s subcontractors on Mulgoa Rise development may be dragged into case
Luxury developer Mulpha says a class action's negligence allegations over the Mulgoa Rise development in Glenmore Park, NSW might warrant cross-claims against subcontractors.
Judge rejects Cannon-Brookes exec’s claim he was doing his job
A judge has granted injunctions against the sacked financial controller for Mike Cannon-Brookes' private company, who said he thought sharing company files with the Atlassian CEO's ex-wife was part of his job.
Glencore sues Port of Newcastle over wharf charges
Mining giant Glencore has sued the operator of the Port of Newcastle over shipping fees, alleging it has been overcharged over $800,000 after the port authority disregarded a determination by the competition watchdog.