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Banksia case against receiver has dim prospects, is out of time, court finds
KMPG partner John Lindholm has escaped a potential probe into his decision to endorse a settlement in the scandal-ridden Banksia Securities class action as the receiver for the collapsed lender.
JLL to be sued by former human resources exec
The former human resources head for JLL in Australia is set to sue her former employer after she was allegedly sacked while on leave despite never being told she was under investigation.
NSW anti-protest rule unconstitutional, judge says
A judge has struck down controversial new anti-protest laws in New South Wales which gave police powers to shut down protests “in or near a place of worship”, finding they were contrary to the freedom of political communication.
Construction PRO
Macquarie sells Aligned Data Centers in $61B deal
Macquarie Asset Management has sold its data centre business Aligned Data Centers to a consortium led by BlackRock subsidiary Global Infrastructure Partners in a landmark $61 billion deal.
Blooms the Chemist loses appeal in dispute with Pharmacy Council
Blooms the Chemist can't overturn a decision from the Pharmacy Council of NSW blocking the registration of a chemist, with a judge finding there was no evidence Blooms would not have a financial interest in the business.
Cosmetic surgeon too ill to comply with class action timetable, court told
The Victorian Supreme Court has granted cosmetic surgeon Daniel Lanzer an extension to provide discovery  in a class action against him and his clinic after hearing he was facing medical issues.
ACCC wants in on developer’s High Court case over NSW Ports
Having lost a challenge to privatisation agreements by NSW Ports, the competition regulator wants to intervene in a High Court appeal by Mayfield Developments, which failed in its own case against the port authority.
Crypto ATMs in AUSTRAC’s sights
AUSTRAC would get new powers to restrict or ban certain high-risk products, services or delivery channels, such as crypto ATMs, under legislation being proposed by home affairs minister.
Barrister in Banksia class action can’t keep committal hearing under wraps
Former barrister Norman O’Bryan has lost his bid to suppress reporting on the hearing where he was committed to stand trial for criminal offences related to his role in the Banksia class action, with a magistrate finding the orders would be “futile”.
Banksia class action silk pleads not guilty, committed to stand trial
Former senior barrister Norman O’Bryan has pleaded not guilty to two criminal charges in connection with his role as counsel for the Banksia Securities class action.