A private equity fund is challenging a ruling that it acted in an “oppressive” and “unfairly prejudicial” way towards its managing director, who a judge found was invalidly sacked for standing in the way of a deal with her business partner’s son.
Abacus Storage Kings has a received a $2.2 billion takeover offer from a consortium of Ki Corporation, the family office of South African businessman Nathan Kirsh, and New York Stock Exchange-listed Public Storage, after rejecting a $1.9 billion offer in May.
The prospective developer of the Hyde Park Inn in Sydney has dropped its appeal of a decision which disallowed it from delaying a $95 million payment to the NSW Returned Service League.
A judge has given a liquidator approval to continue with claims at trial against former executives of failed Sydney developer Dyldam after they declared bankruptcy.
Receivers of the $500 million East Rockingham waste-to-energy project will have until the end of September to hash out a plan to maximise creditor returns, as Acciona’s wait for approval of its bid to acquire the plant continues.
Two former employees of financial services firm Monarch Advisory have appealed a ruling that awarded their former employer $270,000 in damages after they were found to have breached a non-compete agreement.
Real estate portal Domain has reached a settlement in a lawsuit by News Corp-owned REA Group that accused its rival of misleading conduct and infringing its copyright in property photos and floor plans.
Following the death of the 85-year old founder of famed Machiavelli Ristorante in Sydney, siblings Paola Toppi and Walter Toppi have racked up almost $1 million in legal costs fighting over the $2 million estate.
The Australian Competition and Consumer Commission will not oppose an acquisition by Lactalis of assets of New Zealand dairy cooperative Fonterra if the French multinational is successful in its bid.
Funeral insurer ACBF has been hit with a $3.5 million penalty for “callous” and “egregious” misrepresentations to Indigenous customers that its business was Aboriginal owned or managed.