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ASIC holds no ‘special position’ when it comes to indemnity costs for doomed cases: judge
The corporate regulator should not be immune from the risk of special costs for actions doomed to fail, says a judge who flayed ASIC last month for bringing a case against TerraCom directors it should have known was a dud.
Construction PRO
NSW Port Authority can shield cabinet docs in $300M suit over Glebe Island deal
The Port Authority of NSW has won its claim for public interest immunity over six cabinet documents in a suit by a defunct sand importer over a lease agreement for a mulit-user facility at Glebe Island, with a judge finding they had little forensic value.
Construction PRO
Court declines to order security in SOPA spat over $5.3M apartment project
A judge has declined to order security in developer Gilridge Investments’ payment claim fight with Diamond Builders over a $5.3 million apartment project, saying the builder failed to show the penniless developer would not be able to cover its costs after completing the troubled project.
Construction PRO
Enviro group attacks Tamboran’s ‘gut feeling’ risk assessment of Beetaloo Basin fracking
Environmental activists seeking to block Tamboran’s gas exploration project in the Northern Territory have criticised the natural gas company's water contamination risk assessment, telling a court it was based on a “gut feeling”.
Construction PRO
Court throws out expert evidence in Whyalla Ports dispute with OneSteel
GFG unit Whyalla Ports has won its bid to rub out some expert evidence put forward by OneSteel about the costs of dismantling and removing assets from the site in their dispute over control of the assets at the South Australian port.
HESTA super fund says ATO overtaxed it by $11M
HESTA Super has complained that the tax office has unfairly stripped it of $11 million in franking credits, denying it did not hold the credits 'at risk' for the required 45-day period. 
eToro can rely on late evidence in novel ASIC case over CFDs
Online investment platform eToro has won its bid to rely on late expert evidence in ASIC's first-ever action alleging breach of obligations in designing and selling financial products over high-risk contracts for difference.
Murray Darling authority slams class action’s ‘incoherent’ duty of care claim
The public body in charge of managing the Murray Darling’s water resources has slammed as "incoherent" a class action's claims that it owes a duty of care to protect farmers and irrigators against economic loss.
PepsiCo wins High Court fight with ATO over royalty withholding tax
In a major loss for the Australian Taxation Office, a High Court majority has found an agreement between US soft drink giant PepsiCo and Schweppes Australia to sell brands such as Pepsi and Mountain Dew in Australia was not subject to a royalty withholding tax.
Construction PRO
Vansan Construction boss asks court to set aside $2M default judgment for developer
The CEO of embattled Melbourne builder Vansan Construction is fighting a $2 million default judgment for SK Developments, saying he was given no opportunity to defend himself.