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Details of a settlement with AIG in a class action by investors in failed Linchpin reveal the insurer has paid out all of a $10 million policy and will hand over another $2.15 million in interest and costs.
Class actions against Hyundai and Kia say they need a third round of document discovery, two years into the cases, but a judge has said the applicants should first detail the alleged engine defects at issue.
The High Court won't hear an appeal by a creditor of collapsed forestry giant Gunns Plantations seeking to toss winding up proceedings brought after it failed to pay back $1.2 million in unfair preferences.
Construction PRO
A Sydney lawyer has been hit with a one-year ban after a tribunal found he acted in a personal capacity for a friend in a $70 million property deal but falsely represented that he was acting for his employer.
Construction PRO
Granting an appeal by native title holders, the High Court has found that a ‘connection’ with relevant land need not be demonstrated by physical acts.
Construction PRO
Lendlease has vowed to appeal its failed bid to enforce a $120 million purchase agreement for five plots of land in Campbelltown, saying it could face a $100 million write-off if unsuccessful.
Construction PRO
The Victorian Civil and Administrative Tribunal has thrown out an application to pause the suspension of a builder, who allegedly did not consider fire safety measures in the design of a disability housing project.
Tabcorp's ex-boss, who was found to have been forced out over alleged offensive language, says his coerced resignation was inconsistent with a boardroom history of condoning off-colour remarks.
The High Court has shot down NSW Forestry’s challenge to a decision which found it can be sued by an environmental group for allegedly breaching environmental laws.
Westpac is arguing timelines prepared by law firm Allens are privileged and should not be handed over in a shareholder class action over its alleged lax compliance with anti-money laundering laws.