Magnis Energy Technologies has missed the deadline to file its evidence in ASIC proceedings over allegedly misleading disclosures about its lithium ion battery plant, with a court hearing the company’s new lawyers have not had a chance to brief counsel.
The tribunal has recommended that a barrister who practised without a certificate, failed to display competence in a client matter and did not comply with direct briefing rules be struck from roll.
The public body in charge of managing the Murray Darling’s water resources has slammed as “incoherent” a class action’s claims that it owes a duty of care to protect farmers and irrigators against economic loss.
The corporate regulator should not be immune from the risk of special costs for actions doomed to fail, says a judge who flayed ASIC last month for bringing a case against TerraCom directors it should have known was a dud.
Mercer Super faces enforcement action by ASIC, alleging the superannuation giant failed to inform the watchdog about investigations into serious issues, including a failure to refund premiums to dead members.
The federal government has given Lendlease the final green light for a three-tower residential development on land adjacent to the Queen Victoria Market after almost a decade of planning.
Property group Salta has shed its 50 per cent interest in Preston Market to long-standing co-owner Medlich as part of a strategy to expand its build-to-rent business.
Developer CBS Commercial has asked a court to summarily dismiss a defects suit over a luxury lakeside development in the leafy Canberra suburb of Kingston, arguing the case has no reasonable prospects of success.
A Queensland construction company that bought land following its resumption by a state government agency is not entitled to be compensated for the land grab, a court has found.
Real estate investor Mapletree Logistics Trust has sold its logistics facility in Victoria’s Wodonga for $60 million, saying the hub was no longer in line with its investment strategy.
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