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Construction PRO
JB Asset Management has clawed back $3 million from a scuttled real estate deal involving LBA Capital, almost a year after LBA’s director was jailed for fraud.
Payments by bottler Schweppes Australia to US drink giant PepsiCo should be assessed as royalty income under tax law, the ATO has told the High Court in a high-stakes case.
A unit of collapsed start-up StrongRoom AI has warned creditors of its parent company that recent freezing orders need to be tweaked to allow it to continue trading, or there may be little money left to argue over.
A judge has said he is satisfied that GM's concerns about a class action's "circular" explanation of alleged design flaws in certain Holden vehicles are "not trivial".
Fitch Ratings has lost its bid for summary dismissal of claims in a class action over allegedly rosy ratings for risky derivative financial products issued 17 years ago on the basis that they are time-barred.
An appeals court has dismissed a competition case by Mayfield Development against NSW Ports over agreements to privatise two ports, finding that derivative Crown immunity applied to the port authority.
Construction PRO
Logistics company Qube can't dodge a $71 million payment to subcontractor Martinus Rail, with an appeals court finding no error in an adjudicator's finding that Qube’s payment schedule was "incomprehensible".
Construction PRO
An ex-Greenwoods & Herbert Smith Freehills partner who claims he was sacked for complaining about client Lendlease's "aggressive tax position" is seeking pro-bono representation after losing his lawyers.
Construction PRO
Collapsed Sydney developer Dyldam has told a court that a liquidator's claim for breach of directors' duties is "hopeless" as the company was under a deed of company arrangement at the relevant time.
Construction PRO
A court has given the green light to a development related to the federal government’s $5.3 billion Western Sydney International Airport project.