Origin faces shareholder class action over energy markets guidance

Please login to bookmark Close

Origin Energy has been hit with a class action alleging it breached its continuous disclosure obligations and misled the market in its earnings guidance for the 2022 and 2023 financial years.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

$20M settlement in NAB class action OK’d despite concerns over lawyers’ fees

Please login to bookmark Close

A judge has approved a $20 million settlement in a class action against NAB, despite initial concerns about the “moral hazard” of paying fees incurred by the applicant’s former lawyers to prepare “sub-optimal pleadings”.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

No injunction against Mark Latham in case over homophobic tweet

Please login to bookmark Close

A judge has refused a bid by independent NSW MP Alex Greenwich for an injunction restraining former One Nation politician Mark Latham from repeating homophobic comments that were found to be defamatory.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Steller Developments liquidator loses $102M suit against ex-directors

Please login to bookmark Close

Collapsed Melbourne developer Steller has failed to convince a court that its founders and two former directors owe $101.9 million, with a judge rejecting claims that they personally guaranteed the company’s debt.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

AirServices can’t get separate hearing in airport lease fight over PFAS

Please login to bookmark Close

A judge has rejected AirServices bid for a separate hearing on whether it was required to manage environmental issues outside of its leased site at the Launceston Airport in Tasmania.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Pipeline acquired by Conexa in $74.7M deal is taxable ‘land’: appeals court

Please login to bookmark Close

An appeals court has found water infrastructure investor Conexa liable to pay land duty on a $46 million Sydney pipeline it acquired as part of a blockbuster deal with Rosehill.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Developers’ email agreement on $1.3M loan not binding: appeals court

Please login to bookmark Close

An appeals court has tossed a challenge to a judge’s decision that found a property developer was required to return a $1.3 million loan, despite finding the judge erred in holding enforceable an agreement reached over email.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Merivale plans ‘landmark destination’ for car park in Melbourne’s CBD

Please login to bookmark Close

Melbourne City Council has approved the sale of an eight-storey car park on Little Collins Street to Merivale, which wants to convert the site into a hospitality hub.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

East Warrnambool Shopping Centre sells for $20M in off-market deal

Please login to bookmark Close

ASX-listed Region Group has sold East Warrnambool Shopping Centre in Victoria for over $20 million in an off-market sale, underscoring investor interest in retail assets.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?