After a win in their spat over the sale of Brazil’s Santa Rita nickel mine, two Australian companies who held all shares in the mine’s owner, Atlantic Nickel, may seek costs against Omni Bridgeway and Balance REV, the litigation funders of the loser in the case.
Victoria’s construction regulator has charged builder Glenvill Construction with breaching new laws requiring builders to hold a domestic building insurance policy before receiving deposits for contracts.
Liquidators for defunct residential builder Modco have defeated a summary dismissal bid in a case over unfair preference payments but have been ordered to pay indemnity costs after 10 months passed without them taking a step in the proceeding.
A class action by property owners near a GrainCorp factory in rural Victoria has defeated the company’s bid for security for costs, with a judge finding the orders would stultify the proceedings.
A director can’t escape an oral examination by the liquidator of collapsed construction company Symich Building on medical grounds, with a judge saying the doctor who certified her as unfit seemed to misunderstand that examinations are “adversarial in nature”.
The Takeovers Panel has found that statements made by fintech Humm and its former chairman about a takeover bid by Credit Corp Group misled investors.
Scenic Tours Australia has denied it provided services to international passengers, in a class action over a 2018 European cruise where river levels dropped so low they became impassable.
A class action by Sydney Trains’ operations staff, which settled for up to $7.6 million in January, will head back to the negotiating table after the registration of some 260 new group members pushed the settlement above the agreed cap.
Two University of Sydney academics accused of making anti-Semitic remarks following the 7 October 2023 attacks by Hamas have questioned proposed amendments to a discrimination case, including references to the Bondi massacre in December.
The applicant in a class action against The Reject Shop told an appeals court Tuesday the case was always a representative proceeding despite a pleading mistake that left it empty of group members.
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