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The founders of AI data centre start-up Firmus Grid have been subpoenaed to give evidence in a dispute between former business partners Simon Raftery and Ben Madsen over $100 million in company shares, ahead of an expected $7 billion IPO.
Venture capital firm EVP has won court approval to pursue claims against bankrupt Strongroom AI founder and former director Christopher Durre.
Construction PRO
Power plant investor Sev.en has filed an urgent application for access to the financials of Millmerran Power Station as it looks to sell its stake in the energy infrastructure asset, saying it may have claims of misleading conduct.
The Australian Tax Office is challenging a decision for Shell over a $99 million capital gains assessment in the energy giant's sale of its Woodside stake.
Construction PRO
Preventing a DOCA for the Milligan-owned developer of the troubled $1.8 billion Halo Tower skyscraper in Sydney could cause $100 million in losses and jeopardise a sale to Cbus set to settle in July, a court has heard.
Construction PRO
Clive Palmer's resort company Palmer Leisure Coolum has entered a guilty plea to one count of breaching takeover law arising from the proposed acquisition of The President’s Club.
ASIC has told a senate estimates committee that it is now formally investigating KPMG in the wake of allegations the firm misused client data.
A judge overseeing ASIC’s case against the ASX over its CHESS replacement plan will allow remote evidence by the US-based director of a New York tech company, who allegedly gave the exchange an assurance about the project's timeline.
Venture capital firm EVP has sought the court’s leave to proceed with claims against Strongroom AI founder and former director Christopher Durre, despite his financial state.
Auditor BDO has asked the court to stay ASX-listed software company Dubber’s negligence suit over $26.6 million in alleged missing funds while a parallel case by ASIC over alleged false and misleading financial reports is on foot.