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A franchisee class action against United Petroleum over alleged loss-making Pie Face stores has been ordered to hand over $3.7 million in security, with a judge finding it was not likely to stultify the class action.
IC Markets wants deadline on class action’s search for sample group member
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Brokerage firm International Capital Markets says a class action over risky financial products must put up or shut up when it comes to claims in the case that neither applicant has standing to bring.
Clorox hit with $8.25M penalty for greenwashing
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Clorox has been hit with a $8.25 million penalty for representing to consumers that certain GLAD garbage bags were sourced from plastic fished from the ocean.
ASIC takes Wiluna Mining to court over $57M capital raising announcement
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The corporate regulator has brought enforcement action against Wiluna Mining, accusing the gold mining operation of misleading conduct over a capital raising a month before it went under.
Funder in spat with WestConnex class action applicants can’t dodge costs
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That it once had a $100,000 bank cheque is not sufficient evidence to prove a funder behind a class action over the $16 billion WestConnex tunnel can meet a costs order in a feud with the applicants, an appeals court has said.
Clayton Utz signs 12-year lease for new Canberra digs
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Clayton Utz has become the latest tenant in a new commercial precinct under development in Canberra’s CBD.
Dexus sues SA’s flagship medical institute over unsigned 30-year leases
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Real estate landlord Dexus is suing South Australia’s medical research insitute for failing to execute on 30-year leases to occupy Adelaide’s Australian Bragg Centre, despite “repeated demands”.
Acciona consortium to work on $5.7B rail project for 2032 Olympic Games
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A consortium including Acciona, UGL and others has been selected for pre-construction work on Queensland’s Logan and Gold Coast Faster Rail project, which aims to reduce congestion ahead of the 2032 Olympic Games.
Court’s finding that EnergyAustralia ‘in the construction industry’ could affect energy, rail, telco
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A court’s finding that EnergyAustralia is on the hook for portable long service leave for maintenance workers at its Yallourn power station because its “significant’ maintenance activities mean it’s ‘in the construction industry’ could affect energy, rail and telecommunications firms.
HYG wins approval for masterplanned community in Western Sydney
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Property developer HYG has been given the green light by a court to build the next stage of a masterplanned community in Western Sydney.