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Mayne loses bid for Corrs invoices ahead of costs fight with Cosette
Mayne Pharma cannot access invoices from Cosette’s solicitors at Corrs Chambers Westgarth, with a judge saying he was not hopeful that they would help to resolve a costs fight related to litigation over their collapsed $672 million merger.
Negative gearing, capital gains tax overhaul at centre of Albanese budget
At the centre of Tuesday night's budget are tax reforms aimed at investment structures, negative gearing, and the capital gains perk that represent the biggest change to the taxation of Australian savings since 1999.
Construction PRO
Lendlease says KPMG partner shared confidential info with Westpac tender team
The CEO of Lendlease has confirmed a whistleblower's claim that a KPMG audit partner accessed confidential Lendlease board papers which were then shared with a team pursuing an audit tender with Westpac.
Construction PRO
Court stays case against Stennson over Caulfield North development
A judge has permanently stayed a suit against developer Stennson over a Caulfield North residential development after finding the developer would suffer prejudice because the builder on the project was not a party in the case.
Shell prevails in challenge to ‘excessive’ ATO assessments
Shell’s Australian arm has succeeded in challenging a finding by the ATO that it needed to pay an additional $99 million in capital gains tax after it disposed of its 34.27 per cent holding in Woodside Petroleum.
MinterEllison denies administrator’s bullying claims in $800k suit
MinterEllison has denied an administrator’s claims that she was subjected to discrimination and repeated incidents of bullying, saying she frequently raised complaints about "innocuous" interactions with colleagues.
Construction PRO
Adani’s Bravus can bring $22M damages claim against local Qld council
A judge has allowed Adani unit Bravus to bring a $22 million counterclaim against Isaac Regional Council in Queensland, alleging it breached an agreement to upgrade a 96-kilometre road to access the Carmichael mine.
Construction PRO
Allied Pinnacle may owe lost rent for not repainting at leased Western Sydney site
A landlord has won its bid to have lost rent and outgoings assessed as part of damages it is owed after a judge found baked goods producer Allied Pinnacle was required to repaint the outside when its commercial lease at a Western Sydney property ended.
Trial pushed back in AstraZeneca IP case against Pharmacor
Trial in AstraZeneca's patent infringement case over Pharmacor's plans to launch a cheaper version of diabetes drug Forxiga has been delayed to October, after the generic drug maker got the all-clear to revise its cross-claim.
Ex-Mastercard sales manager says he lied to finance team on 7-Eleven deal
A former Mastercard business development director has admitted at trial to lying to the payments giant's finance department about the risk of 7-Eleven routing transactions to EFTPOS to seal a deal.