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The liquidators of collapsed developer FW Projects have filed action against former directors of the company, seeking to claw back debts of millions of dollars arising from alleged insolvent trading.
Pension fund giant to invest $1B in Octopus renewable energy platform
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Dutch pension provider APG Asset Management has partnered with renewable energy fund manager and developer Octopus Investments, vowing to invest over $1 billion into Octopus’s flagship investment fund.
Lendlease reveals Japanese partners for $2.5B Hyde Park development
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Two Japanese real estate giants will partner with Lendlease on its plan to develop a $2.5 billion luxury apartment complex overlooking Sydney’s Hyde Park.
Carpe Diem acquires boutique Potts Point co-living apartment building
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Real estate funds manager Carpe Diem has scooped up the 42-room UME Potts Point co-living apartment block in Sydney’s east.
Court fines Webjet $9M for misleading air travelers about bookings
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A judge has signed off on a $9 million penalty against online flight bookings service Webjet for misleading air travelers about prices and bookings.
Appeal filed in failed patent suit over Apple’s Touch ID, Face ID tech
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A patent holding company is challenging the dismissal of its infringement case over Apple’s Touch ID and Face ID technology.
Crown sued by iProsperity liquidators as part of efforts to recover $400M
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Crown Casino faces court action by the liquidators of iProsperity Group, seeking the return of $55 million in company funds they say were gambled away by its directors, two of which have since left Australia.
Olympian sues sporting body for defamation over misconduct sanction
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A three-time Olympic figure skater has sued the NSW Ice Skating Association, alleging that a notice it circulated to members regarding a sexual misconduct finding and ban imposed by the US Centre for SafeSport was defamatory.
Reject Shop says it shouldn’t be on hook for class action’s ‘basic legal error’
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The Reject Shop is fighting a class action’s bid to reconstitute an “empty” class in an underpayments case, saying it shouldn’t be on the hook for tens of millions in claims because of a “basic legal error” by the applicant’s lawyers.
‘Alarming and unacceptable’: Threats to judges on rise, data finds
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The number of reported threats to judges is growing at an alarming rate, and urgent action by federal and state attorneys-general is needed, according to the Australia’s peak body for judicial officers.