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The boss of defunct stockbroking firm BBY has been hit with criminal charges over the acquisition of $192 million shares in mining company Aquila Resources.
Law professor sues Arnold Bloch Leibler over tax advice
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A Melbourne-based business and law professor has sued Arnold Bloch Leibler, alleging the firm gave him bad tax advice and failed to advise that he could have avoided paying Australian income tax on an inheritance from his late father, a prominent Indonesian businessman.
ASIC’s appeal in case against Auto & General rejected as ‘inherently contradictory’
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An appeals court has dismissed the corporate regulator’s “logically inconsistent” appeal against a landmark decision that found insurer Auto & General did not include an unfair term in its contracts.
Tasmanian jumping castle operator acquitted but still faces class action
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A magistrate has cleared a Tasmanian jumping castle operator of criminal wrongdoing for her alleged role in a tragedy that killed six children in 2021, but a related class action against her and the state government will continue.
Challenge to Woodside’s $16B Scarborough gas project in public interest, court says
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Recovery of legal costs has been capped in a case over Woodside’s $16.5 billion Scarborough gas venture that will give the Federal Court the first chance to weigh whether an environment plan complies with the law.
Lendlease reaches settlement in ‘tax dodge’ suit by ex-Greenwoods partner
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Lendlease and Greenwoods & Herbert Smith Freehills have resolved a lawsuit by a former partner that alleged he was effectively fired for complaints about the builder’s “aggressive taxation position”.
WNA Construction loses appeal over payment claim sent by email
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An appeals court has upheld a finding that a payment claim sent by email is payable by WNA Construction, finding the builder had not established that the email address was not valid or that the claim was “confusing”.
CBRE to acquire commercial real estate agency Burgess Rawson
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Multinational real estate services and investment giant CBRE will acquire privately-owned commercial real estate agency Burgess Rawson.
Struggling steelworks gets $650M from SA government
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The South Australian government will inject $650 million to keep the struggling Whyalla Steelworks afloat until a buyer is found.
Anglican church loses challenge to Lion’s brewery storage tanks
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The Anglican Church’s Brisbane diocese can’t block the installation of ethanol tanks at a brewery adjoining the Francis Theological college, with a judge finding no “unacceptable risk” of explosion.