Malaysian property developer SP Setia is strengthening its presence in inner-city Melbourne, acquiring the largest development site in Carlton for $114 million.
Northern Star’s $1.3 billion Hemi gold project in the Pilbara is facing a challenge to the Western Australian Environmental Protection Authority’s decision to green light the project.
Ord Minnett has resolved a suit by a former exec claiming he was sacked for complaining about a $110,000 pay cut imposed after ASIC slapped the wealth management firm with a $880,000 penalty for breaching market integrity rules.
The applicant in one of four declassed COVID-19 business interruption class actions has reached a settlement under which it will receive $100,000 and the funder the backed the case will pay $1 million towards Insurance Australia’s costs.
A court has permanently stayed a case by a founding director of solar developer Sun Bred, saying that if the company was forced to defend the suit, there would be less than $71,000 left to meet the exec’s $8.5 million claim.
HR company Employment Hero has launched legal action against investor and rival Seek, alleging the hiring giant has breached competition laws by terminating access to its API.
Dairy distributor Australian Consolidated Milk has lodged proceedings against competitor Fonterra, alleging the cooperative encouraged suppliers to break their exclusive supply agreements by offering a better price.
A judge has expressed worries that a class action against EY and collapsed Blue Sky Alternative Investments is “drifting” amid concerns from the defendants about “indulgent” discovery and potentially “significant” pleading changes.