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Judge ends Keybridge administration, finds company is solvent
After running a successful campaign to remove three board members, major Keybridge shareholder WAM Active has convinced a court to end the investment company's administration after it provided a letter of comfort and offer to fund its debts.
Moray & Agnew recruits new corporate partner
An automotive law expert has joined Moray & Agnew as a partner in the firm's corporate and commercial practice.
Clive Palmer files appeal in failed suits against ex-ASIC chair James Shipton
Clive Palmer has appealed a court's decision to toss his lawsuits against former Australian Securities and Investments Commission chair James Shipton alleging he acted in bad faith when the regulator filed criminal proceedings against him.
Construction PRO
WestConnex class action applicants defeat funder’s latest appeal
The funder behind a class action against Transport for NSW over the $16 billion WestConnex project has lost another appeal in its ongoing spat with the lead applicants.
Funder in spat with WestConnex class action applicants can’t dodge costs
That it once had a $100,000 bank cheque is not sufficient evidence to prove a funder behind a class action over the $16 billion WestConnex tunnel can meet a costs order in a feud with the applicants, an appeals court has said.
Construction PRO
Developer wins docs from council in spat over Paddington boarding house reno
Sydney City Council has been ordered by a court to produce documents in a legal battle with a property developer seeking to convert a Paddington boarding house into luxury residences.
Construction PRO
Allens, HSF advise on ACEN’s renewable energy portfolio financing
Big Six firms Allens and Herbert Smith Freehills are the law firm heavyweights behind $750 million in platform financing for ACEN Australia's renewable energy portfolio.
Construction PRO
Owners of Seasons of Perth hotel lose round in fight with builder over security
Hotel construction company Reward Group has secured a win in a dispute with the owners of the Seasons of Perth Hotel over progress payment claims, with a judge finding an adjudicator did not err in ordering the release of performance bonds, but more questions over the release of the bonds remain on foot.
Clorox hit with $8.25M penalty for greenwashing
Clorox has been hit with a $8.25 million penalty for representing to consumers that certain GLAD garbage bags were sourced from plastic fished from the ocean.
United Petroleum franchisee class action ordered to pay $3.7M in security
A franchisee class action against United Petroleum over alleged loss-making Pie Face stores has been ordered to hand over $3.7 million in security, with a judge finding it was not likely to stultify the class action.