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A former cryptocurrency boss who faces a criminal investigation by ASIC is on the hook for a $10.3 million Bitcoin payout to a former employee, a court has found.
HSF infrastructure pros launch legal, advisory firm
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Two former Herbert Smith Freehills partners who specialise in infrastructure law have joined forces to launch a new legal and advisory firm.
Dexus, Ho-Group win challenge to $82.6M land valuation for Sydney office tower
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Real estate investment firms Dexus and Ho-Group have convinced the valuer general of NSW to knock roughly $26 million off its initial valuation of a Sydney office sold by Ho-Group last year that was used in a land tax assessment.
Mirvac close to capital partnership deal for Sydney’s Harbourside
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Property giant Mirvac Group is in talks with a potential capital partner for its Harbourside development in Sydney, as it progresses construction on the major waterfront project.
Corrs wears all hats in advising on landmark PPP for renewable energy zone
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In a “unique approach” to public-private partnerships, Corrs Chambers Westgarth has advised the sponsors and contractors on a landmark project for Australia’s first renewable energy zone.
Developer, builder’s directors on hook for homeowners’ ‘worst nightmare’
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Directors of a family-run construction company that caused a landslide resulting in a couple’s NSW Central Coast home being “effectively worthless” has been ordered to pay over $2 million dollars.
Court won’t block investor in Sam Altman-backed AI firm from voting on share sale
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A judge has declined to make orders blocking a general meeting of the members of Cryptai, a company with a significant shareholding in Sam Altman-backed Ai company Rain Neuromorphics, in order to consider a share sale.
Foxtel wins security in $12M dispute over download patent
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The owner of a patent for software allowing users to download live television that is suing Foxtel for $12 million has been ordered to cough up $260,000 in security.
King & Wood Mallesons hires merger reform pro from ACCC
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King & Wood Mallesons has made a key hire, luring a competition pro who worked on the ACCC’s merger reform team just months before a new mandatory merger review framework is set to take effect.
MinterEllison lawyers call for apology from Roberts-Smith’s silk
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In their fight against oral subpoenas they say are fishing for broader grounds of appeal, counsel for two MinterEllison lawyers said on Tuesday that a silk acting for Ben Roberts-Smith should apologise for remarks in open court last week.