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ASIC has had mixed success in a case against former Star directors and officers, with a judge finding the casino operator’s former CEO and GC breached their duties but that claims against the former board fell short.
Downer on hook for costs in arbitration spat with Squadron over wind farm
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A court has rejected a bid to apportion costs by Downer after it found ICC arbitration proceedings the company brought against Squadron were invalidly commenced, saying the engineering company had lost on the core issue in dispute.
MinterEllison advises Mirvac on Sydney Fish Market redevelopment
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MinterEllison has advised Mirvac on a contract for a major redevelopment at the site of the former Sydney Fish Market.
ASIC brings action to wind up Gupta’s Liberty Bell Bay
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The corporate regulator has launched proceedings to wind up a company in the steel empire of billionaire Sanjeev Gupta for its failure to lodge financial reports for four years.
KHQ hires partner from Macpherson Kelley for construction practice
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KHQ Lawyers has snagged a leading infrastructure and energy lawyer from Macpherson Kelley for its newly rebranded construction, infrastructure and energy practice.
Federal Court warns self-repped litigants against using AI for legal advice
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The Federal Court has cautioned self-represented litigants against using generative artificial intelligence to decide whether their case has merit, saying it is “not reliable for legal help”.
Tabcorp loses Full Court appeal over $1.5B tax deduction
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The Full Federal Court has tossed Tabcorp’s appeal of a finding that it is not entitled to a $1.49 billion tax deduction under rules governing the taxation of financial arrangements.
AMP says insurance class action pleading ‘not good enough’
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A class action against AMP over allegedly inflated insurance premiums has been ordered to better particularise its case, with a judge hearing the current pleading is “not good enough” for the wealth manager to put on a defence.
QSuper class action settlement costs, commission revealed
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The law firm and funder behind the settled class action against QSuper will seek almost $31 million in costs and commission at an upcoming hearing.
ACCC calls for stronger oversight as airports invest $1.5B in infrastructure
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The consumer watchdog has raised concerns about rising prices and unregulated airport charges amid significant infrastructure investment and record revenue at the nation’s busiest airports.