Sharvain administrator calls for extra time after $3M win against Roberts Co

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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.

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‘Out of hand’: Judge mulls declassing AFL concussion suits

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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”. 

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Vic Bar sells Douglas Menzies Chambers for $23M

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The 12-storey corner office block overlooking the Victorian Supreme Court, which has housed Douglas Menzies Chambers since 1992, has been sold for a reported $23 million, with its barristers moving down the street. 

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Dubber sues auditors BDO over $26M in alleged missing funds

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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.

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ACCC to review unsolicited sales practices amid calls for outright ban

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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.

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PwC report found TerraCom netted $1.1M from inconsistent coal pricing, court hears

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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.

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BHP class action loses bid to have High Court weigh in on group member definition

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The High Court has rejected a special leave application from a shareholder class action against BHP asking it to clarify the correct approach to construing the group member definition.

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Buildcorp entitled to payment for variation works to Blues Point Tower: court

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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. 

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ASIC launches probe into ASX after ‘repeated failures’

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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.

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