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‘Just not appropriate’: Judge scolds Mosaic Brands director for missed deadline
A judge has scolded former directors of Mosaic Brands after they failed to comply with orders made last week ahead of a 10-day public examination as special purpose liquidators investigate $196 million in potential insolvent trading claims and directors duty breach claims.
DC Comics drops challenge to ‘kryptonite diet’ trade mark
DC Comics has dropped its appeal of a ruling allowing a Sydney man's registration of 'kryptonite diet' as a trade mark, which it argued had been made in bad faith given its sizable reputation in the fictional substance from the Superman franchise.
Full Court allows appeal in defamation suit against Nine over NRL coverage
The Full Federal Court has found that two NRL fans were defamed by Nine presenters' comments that implied they were involved in racially abusive behaviour, and remitted the matter for consideration of the broadcaster's defences.
ACCC alleges collection agency, legal practice sent 320,000 misleading debt notices
The ACCC has taken a debt collection agency and an associated legal practice to court for sending 320,000 allegedly misleading debt notices, describing the legal practice's alleged conduct as "particularly troubling".
Kegstar offers remedy to win ACCC clearance for Konvoy acquisition
US-based keg pooling company Kegstar has offered the ACCC a court-enforceable undertaking under which it would not enforce exclusivity provisions in its contracts for three years, in a bid to secure approval for its proposed acquisition of the assets of rival Konvoy.
Worley takes class action loss to High Court
Engineering services firm Worley has taken last month's landmark loss in a shareholder class action to the High Court, challenging the Full Federal Court's embrace of market-based causation and its adoption of the facilitation principle.
Construction PRO
Dexus bloc shareholders appeal forced APAC sale
After getting the nod from a judge, the trustee for the Dexus bloc of shareholders in airport operator APAC has lodged an appeal of a finding that it committed a material and irremediable breach of the owners' deed.
Construction PRO
Parliament passes reforms to negative gearing, capital gains tax perks
Tax reforms aimed at capital gains and negative gearing sailed through Parliament on Thursday night, with the Treasurer calling the changes a win for "workers, first home buyers and future generations".
Construction PRO
Northcote Shopping Centre can’t appeal rent review fight with Aldi
The owner of Northcote Shopping Centre in Melbourne has lost its bid for leave to appeal in a fight with budget supermarket Aldi over whether clauses imposing a cap on rental increases is contrary to the Retail Leases Act.
Construction PRO
Lendlease to offload stake in Keyton for $525M
Lendlease will sell its stake in the Keyton Retirement Living Trust to Aware Super for $525 million as the property giant looks to trim its debt.