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A judge has dismissed a case by Metro Cinemas against a NSW council, finding a lease agreement did not require the council to replace the cinema’s aging seats.
Court OKs $59M settlement in rate-rigging class action against banks
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A judge has signed off on a $59 million settlement in a class action accusing five banks of foreign exchange rate-rigging, while bemoaning the failure of successive attorneys-general to advance reforms clarifying the court’s power to make class closure orders.
Richard Crookes wins costs of aborted mediation in cladding suit
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Builder Richard Crookes has won its costs after mediation was aborted in a case by the owners corporation for a building in Sydney’s Erskineville over aluminium composite panel cladding installed nine years ago.
Roy Hill loses bid for declarations on validity of mining leases
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A judge has rejected Roy Hill’s bid for a declaration that two of its mining leases could not be impeached as long as they are the subject of a registered mortgage, saying it would preclude any challenges.
Igneo Infrastructure acquires remaining stake in SA wind farm
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Igneo Infrastructure’s Australian renewable energy platform Atmos Renewables has acquired the remaining stake in the 316MW Hornsdale wind farm from Neoen Australia in a $400 million deal.
New solar farm, BESS project in NSW Upper Hunter region gets green light
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Set to power 60,000 homes, a new solar farm and battery energy storage system in Muswellbrook, NSW has won fast-track government approval.
Real estate developer ALAMMC faces winding up bid by ASIC
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ASIC can amend its case against Gold Coast developer ALAMMC to seek winding up orders against the company and related entities over concerns $70 million in funds have been misused.
Mastercard says privilege shouldn’t be lost after junior lawyer’s ‘genuine mistake’
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Mastercard says legal professional privilege remained over a document after a junior lawyer “inadvertently” sent it to the ACCC in 2020 while the credit card giant was trying to dissuade the regulator from continuing an investigation into alleged anti-competitive conduct.
ANZ trader seeks to delay start of trial after discovery dump
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A former ANZ trader that sued the bank five years ago for allegedly sacking him for complaining about the bank’s attempted manipulation of the bank bill swap rate wants the trial date pushed out after receiving thousands of documents from the bank.
Ashurst’s failure to register client’s $51M interest over Infinity pharmacies an ‘oversight’: court
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A junior Ashurst lawyer’s failure to register a drug wholesaler’s $51 million security interest over a group of Infinity pharmacies was inadvertent, a judge has found in granting a bid to extend the deadline for registration.