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The former director of collapsed Keystone Asset Manager — who is under the glare of the corporate regulator over the asset manager’s Shield fund — is appealing the rejection of a $9 million claim on the company.
Ceerose, Zone Q must remedy defects in Sydney apartment building
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An owners corporation has won orders requiring builder Ceerose and developer Zone Q rectify some defects in a Sydney apartment building, but failed to win work orders in relation to others.
Cushman & Wakefield fights back in managing director’s dismissal case
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Launching a cross-claim in a former managing director’s unfair dismissal case, commercial real estate broker Cushman & Wakefield wants orders for repayment of a $1.5 million bonus.
Labor, Greens strike deal to pass landmark environmental law reform
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Landmark federal environmental law reforms that will up penalties for environmental breaches and fast-track approvals for renewable energy projects are set to pass the Senate.
Court won’t toss Frankston golf club’s claims over $115M sale
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The purchaser of Frankston’s $115 million Peninsula Kingswood Country Golf Club has lost a summary dismissal bid, with the court calling out its “contrariness” as stymieing the case’s progress without real cause.
Northern Beaches wins challenge to approval of seniors living development
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A bid for approval of a seniors living complex on Sydney’s northern beaches has stalled after a court found a commissioner ignored mandatory considerations on the mistaken understanding that they conflicted with other planning requirements.
Defence firm EOS admits breaches in ASIC action, ex-boss goes to court
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Electro Optic Systems has admitted continuous disclosure breaches by failing to reveal a drop in its 2022 revenue forecasts, with ASIC filing a $4 million lawsuit against the defence firm and another against its co-founder.
Nearly Naked winemaker fends off trade mark challenge
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The trademarks office has knocked back Naked Wines’ opposition to an Adelaide winemaker’s Nearly Naked trademark, finding that the popular wine retailer had failed to substantiate its reputation in the industry.
Government introduces new AFSL requirements for crypto platforms
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Crypto platforms will be required to hold an Australian Financial Services Licence under new legislation introduced by the Albanese government.
Stolen wages judge OKs big jump in Deloitte’s costs, warns against repeat
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A judge has approved an increase in the costs of distributing a $180 million settlement in a stolen wages class action but has said more “frankness” is needed in competitive tenders for the administration gig.