Russells

The High Court has declined to hear Mining Standards International's bid to overturn a stay in a $1 billion dispute over the terminated sale of a mine in Bahia.

A judge has dismissed objections to ASIC’s evidence ahead of a penalty hearing in its case against BSF Solutions, Cigno and two directors, saying they were “not entitled to save up any such complaint” until after the liability hearing.

The developer of a $50 million apartment complex in Brisbane’s West End has lost its bid to add a new claim to its case against builder Devine, with a judge saying the developer was attempting to tell a “fundamentally different story” to the existing case, weeks out from trial.

A superannuation fund has taken McCullough Robertson to court, arguing that its former solicitors failed to warn that a $33 million share sale agreement with Firecroft Technical Services could be jeopardised if a related Fair Work Commission approval was quashed. 

Mining Services International is taking a $1 billion dispute over the terminated sale of a mine in Bahia to the High Court, after the receiver for Brazilian mining company Atlantic Nickel won a bid to stay the case.

The High Court has declined to hear an appeal of a ruling that found the directors of payday lenders Cigno and BSF are liable for the companies' unlicensed credit activity.

A tribunal has recommended that lawyer and wealth guru Dominique Grubisa be struck from the roll of practitioners over conduct that included hiring a private investigator to look into another solicitor.

The liquidators of real estate investment company Global Capital Property Fund have expanded their suit alleging breaches of fiduciary duties in relation to a $50 million Queensland development, adding special purpose vehicles for several developments in Victoria.

The directors of payday lenders Cigno and BSF have filed for special leave to appeal a decision that found them liable for unlicensed credit activity, saying the case raises fundamental questions about the scope of accessorial liability.

Atlantic Nickel has lost a challenge to further amendments to a case by failed suitor Mining Services International that alleges it lost the opportunity to purchase a Brazilian mine now valued at over $1 billion.