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Construction PRO
An Australian Super entity is exempt from a $36.2 million tax assessment following the rezoning of a property in Dingley Village, in the first tribunal decision under Victoria's Windafall Gains Tax Act.
An email from Nuix's former CFO that referred to financial results as “worse than terrible” was an attempt to push the sales team to meet targets, a trial court has heard in a class action alleging misleading market disclosures ahead of the software firm's $1.8 billion IPO.
A mid-trial amendment bid by shareholders in a class action over Arrium's collapse will delay cross-examination of the company's CEO and former directors, who told a judge Wednesday they should not be required to enter the witness box until the issue is resolved.
Construction PRO
A judge has sent a dispute between two companies over a residential development in Melbourne’s outer west to arbitration, finding that a signature binding the developer to the process was not forged.
A class action over the collapse of Arrium is bound to its pleading that the asset value of all the steelmaker's business units was impaired by a total of $2.8 billion, a judge has ruled in the second week of trial.
A failure by software firm Nuix to meet internal budgets ahead of its $1.8 billion IPO in 2020 was the result of “ambitious targets” to incentivise the company's sales staff, a court was told Tuesday.
Victorian Premier Ben Carroll has delayed a new law that would allow employees to work from home two days a week and make employers cover the reasonable costs of the arrangement after pushback from business.
A mid-trial fight has erupted in a class action over the collapse of steelmaker Arrium, with the company's auditor and directors saying the case had swerved, and the plaintiff accusing the respondents of "playing games".
A judge has found that Shine Lawyers breached its obligations to the court by extending the life of a void 2022 proceeding and then filing a new case over the same claim.
Construction PRO
Lawyers for LBJ Developments have told a judge that its joint venture partners on a development at the former Lilydale quarry breached their obligations by failing to honour a contractual right to tender for quarry filling works at the site.