Region

A court has dismissed a bid to temporarily block a deed of company arrangement for Halo Tower developer FT Sydney, after hearing an injunction might jeopardise a sale to Cbus Property, set to settle in July.

A judge has rejected an application by online trading platform IG Markets to amend a cross-claim against a trader who earned $5.5 million in 30 minutes through a 'test market'.

The High Court has granted special leave to traditional owners who argue the Full Court erred in finding the WA government’s decision to expedite an exploration application by mining company Uro Western is not subject to judicial review. 

Power plant investor Sev.en has filed an urgent application for access to the financials of Millmerran Power Station as it looks to sell its stake in the energy infrastructure asset, saying it may have claims of misleading conduct.

More parties have joined the land acquisition compensation dispute between Victoria and the joint venture owners of Pakenham Place Shopping Centre, a court heard Thursday.

The NSW Land and Environment Court has refused to sign off on a residential development in Sydney’s west, citing concerns the proposal would create 50 metres of “wall to wall towers”.  

Clive Palmer’s Mineralogy has prevailed in an appeal as part of so-called mega litigation brought by CITIC over the $12 billion Sino Iron project in WA, with the court taking aim at both sides for the "intolerable" cost to the community of their endless dispute.

A group of funders is advocating for reforms to address the dearth of new class action filings in the NSW Supreme Court, with a group costs order regime similar to the one in place in Victoria said to be under consideration.

A judge has questioned why unsecured creditors will not give a promise to pay damages as they seek to stop a DOCA for the Milligan-owned developer of the $1.8 billion Halo Tower from going ahead, which could allegedly cause $100 million in losses. 

The federal, South Australian and Tasmanian governments will provide mineral producer Nyrstar with a $105 million injection, amid concerns about the impact of conflict in the Middle East on the critical minerals supply chain.