A class action alleging a conspiracy against collapsed investment fund Blue Sky continues to be whittled down, with a court giving the firm’s founder the green light to drop claims against a handful of defendants, including law firm Gadens and AFR publisher Nine.
CityLink operator CML, which was found to have overcharged Eastlink operator ConnectEast, has argued that it also overpaid and is entitled to damages, but ConnectEast has told a judge the claim is time-barred and doesn’t fall within a cross-claim exception.
The deadline looms for a creditors’ meeting to decide the future of collapsed building company Sharvain Façades, but its administrator wants a court to stop the clock, concerned a vote for liquidation will thwart recovery of $3.2 million from Roberts Co.
A judge is mulling whether to declass a group proceeding against the Australian Football League and Geelong Football Club, saying after three years of pre-trial procedures, the case is officially “out of hand”.
Software company Dubber has filed a negligence suit against its former auditors, BDO, over $26.6 million in alleged missing company funds and flagged further lawsuits as part of its recovery efforts.
The ACCC has launched a review into unsolicited sales practices in response to the first ‘super complaint’ from a consumer group, which says cold calling and similar practices should be banned.
Personal injury firm LHD Lawyers has acquired Holding Redlich’s personal injury group, Work Injury Lawyers, bolstering the firm’s presence in Victoria.
ASIC has told a court that a PwC report into allegations of inaccurate coal pricing found that 12 “inconsistent” invoices issued by TerraCom resulted in a $1.15 million benefit to the company, contrary to the company’s claim that the audit found no wrongdoing.
The owners of the Blues Point Tower in the Sydney harbourside suburb of McMahons Point must cough up additional payments to builder Buildcorp after it undertook remediation work on the heritage-listed tower.
The corporate regulator has launched an inquiry into the Australian Securities Exchange following “repeated and serious failures”, while discontinuing its investigation into a one-day technical failure in December 2024.