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iProsperity liquidators pursue Crown for $55M in gambling losses
Real Estate 2025-07-28 11:05 pm By Christine Caulfield

The liquidators of iProsperity Group want Crown to repay $55 million in company funds they say were gambled away by the real estate funds manager’s directors.

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Engineering firm Daracon loses fight to expand NSW quarry
Construction 2025-07-28 11:43 pm By Julia Kanapathippillai

NSW engineering firm Daracon Group has failed to overturn a state independent planning commission’s decision which rejected its plan to expand a hard rock quarry in the Hunter Region.

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Quintis class action says disclosure-linked share price drop ‘common sense’
Appeals 2025-07-25 11:12 pm By Cindy Cameronne

The judge who tossed a class action by Quintis’ shareholders should have found a restatement of assets would have materially affected the sandalwood company’s share price “as a matter of common sense”, a court has been told.

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Bulldogs can’t escape jury trial in second fan abuse case
Sports 2025-07-25 11:55 pm By Julia Kanapathippillai

The Western Bulldogs football club has lost its bid to avoid a jury trial in a second lawsuit by a fan alleging he was sexually abused as a boy by a club volunteer in the 1980s.

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Class action probe claims $1B ‘wipeout’ from Keystone, Falcon funds
Class Actions 2025-07-24 11:25 pm By Sam Matthews

A law firm is looking into a potential class action on behalf of investors who pumped $1 billion of their superannuation into two failed funds, amid fears by ASIC of “catastrophic” losses.

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ASIC loses appeal in crypto case against Finder
Cryptocurrency 2025-07-24 11:55 pm By Cindy Cameronne

The Full Court has rejected ASIC’s appeal of a ruling that fintech Finder did not need a financial services licence to sell its defunct cryptocurrency product, saying the product did not involve a debt for money. 

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Westpac can shield Allens docs in money laundering class action
Class Actions 2025-07-24 11:55 pm By Andy Sidler

Westpac can shield reports prepared by Allens from a class action over money laundering compliance, with a judge finding they were produced predominantly in defence of AUSTRAC action that preceded the case.

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Construction PRO
Werribee shopping centre wants AIG, others added to $356M suit against Probuild
Construction 2025-07-25 11:29 pm By Cindy Cameronne

The co-owners of the Pacific Werribee shopping centre in Victoria are seeking to join collapsed builder Probuild’s primary insurer AIG and several excess insurers to their case over $356 million in alleged defects.

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Contractors dragged into Deakin University’s suit against Hansen Yuncken
Construction 2025-07-25 11:53 pm By Julia Kanapathippillai

A number of contractors have been added by builder Hansen Yuncken to a $14.3 million dollar lawsuit by Deakin University over alleged building defects at its Burwood campus.

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Billionaire developer Bob Ell was ‘very abusive’ to long-time exec, court hears
Construction 2025-07-25 11:05 pm By Julia Kanapathippillai

A court has ordered companies in billionaire Bob Ell’s Leda Group to pay a senior executive $178,000 for terminating his retainer without adequate notice, ending what the court heard was an abusive working relationship.

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