Fortrend challenges ruling on bonuses for Shaw & Partners defectors

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Fortrend Securities has appealed a finding that it breached the Fair Work Act in withholding the bonuses of two financial advisors who jumped to rival Shaw & Partners.

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GM defeats class action over decision to retire Holden brand

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General Motors has defeated a class action by Australian car dealers over its decision to retire the Holden brand, with a judge finding the car maker did not breach its agreements.

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Judge ‘far too demanding’ in Worley class action, shareholder says

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A judge was too exacting in deciding the applicant in a shareholder class action against engineering services firm Worley suffered no loss from misleading guidance, an appeals court has heard.

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Firstmac wins high stakes appeal in trade mark fight with Zip

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An appeals court has found Zip Co infringed the ‘Zip’ trade mark of mortgage provider Firstmac, making orders restraining the buy now, pay later giant from using the name.

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Clough lobs $54M cross-claim in dispute over EnergyConnect joint venture

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Engineering firm Clough has filed a cross-claim against its former joint venture partner Elecnor in the EnergyConnect transmission project after the companies had a falling out over defaults.

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CIP secures $814M for WA green hydrogen project

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The federal government has awarded Copenhagen Infrastructure Partners $814 million for a green hydrogen project in Western Australia, as another green hydrogen project in Queensland faces an uncertain future after the state yanked funding.

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Nine in talks with CoStar about sale of Domain stake

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Nine Entertainment has confirmed it is in talks with US real estate company CoStar over its proposal to buy the media company’s 60 per cent stake in real estate listing site Domain.

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