In tossing the sixth securities class action to go to trial in recent years, a Federal Court judge has shown the task of proving shareholder loss is a doozy.
A Perth magistrate who wanted to sit solely on the Children’s Court has had her challenge knocked back again on appeal, with the Full Court finding court heads can allocate magistrates as necessary.
Apartment owners at Sydney’s $2 billion One Central Park have sued Frasers Property over 1,750 planter boxes they say are detaching from the two towers and contain combustible material.
A judge has declined Meriton’s bid for $2.4 million in security in a lawsuit over alleged systemic defects at the Alcove apartment development in Sydney’s North Shore.
The administrators for the operator of the Callide power station have won extra time to convene a second creditors meeting after the court heard they may soon be able to put to rest a series of complex disputes over the Queensland power station.
Luxury developer Mulpha says a class action’s negligence allegations over the Mulgoa Rise development in Glenmore Park, NSW might warrant cross-claims against subcontractors.
The federal government will invest $3.3 billion in Victoria’s transportation infrastructure, including $2 billion for a rail link to Melbourne Airport.
A judge has granted injunctions against the sacked financial controller for Mike Cannon-Brookes’ private company, who said he thought sharing company files with the Atlassian CEO’s ex-wife was part of his job.