Collapsed Sydney developer Dyldam has denied wrongdoing in a lawsuit alleging members of the Fayad family used $74 million in sale proceeds for personal benefit and sought to conceal that fact from business partners.
Lendlease has told a court that documents relied on by an ex-Greenwoods and Herbert Smith Freehills partner in his case contain privileged legal advice and without prejudice communications with the Australian Tax Office.
The South Australian government has flagged new legislation to clarify ownership of the Whyalla Port following legal action to wrest control of the port from Sanjeev Gupta’s GFG Alliance.
A court has approved a $64 million settlement in a consumer class action against the NAB units MLC Trustees and NULIS Nominees, with 69 per cent of the settlement sum to go to group members.
Businesses and government agencies notified the privacy regulator of over 1,100 data breaches last year, the highest annual total since mandatory reporting started in 2018. The Office of the Australian Information Commissioner revealed on Tuesday that it was notified of 1,113 notifications last year, marking a 25 per cent increase from 893 notifications in 2023. …
Johnson Winter Slattery has hired a new partner for the firm’s restructuring and insolvency team.
Star Entertainment’s management and board cannot shirk responsibility for turning a blind eye to money laundering risks by pointing the finger at each other, ASIC has told a court.
A class action against CMC Markets has won access to data thought to reveal that approximately 2,500 customers who failed screening tests for risky financial products were nevertheless permitted to trade.
A court has dismissed a client’s attempt to join Kheir Lawyers to an action against Shine Lawyers, after the application — repleaded for a fourth time — remained “indefensible”.
Abacus Storage Kings has rejected a $1.9 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.