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ASIC is considering an appeal of a ruling that tossed its conflicted remuneration case against Freedom Insurance’s former boss and another executive over a sales incentive scheme.
Villawood wants director’s daughters added to fraud suit over Wallan development
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Developer Villawood wants to add its director’s three daughters to its case over an alleged “dishonest and fraudulent design” to divert valuable management fees for a project in Wallan, Victoria to the director’s family company.
Lux Sydney development didn’t repudiate contract by installing wrong marble: court
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A woman has lost her lawsuit seeking to get out of an agreement to purchase an apartment ‘off the plan’ in a luxury development in Sydney’s harbourside suburb of Rushcutters Bay, after the wrong colour marble was installed in the kitchen.
Wood & Grieve can’t get more details from CPB in spat over Elizabeth Quay project
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Engineering firm Wood & Grieve has failed to convince a judge to compel CPB Contractors to provide it with further and better particulars in a dispute over work on Perth’s Elizabeth Quay redevelopment.
Allens locks down $460M in financing for Akaysha’s Elaine BESS
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Blackrock-owned battery developer Akaysha Energy’s planned 311 MW battery energy storage system on the Midland Highway in Victoria is ready to get off the ground, after Allens helped the project secure $460 million in financing.
Apache loses strike-out bid in $83M tax credit spat with Santos
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Several Apache Corporation units have failed to block Santos from withdrawing admissions in a long-running fight over $83 million in tax credits related to Apache’s $2.1 billion sale of certain assets, with a judge finding Apache’s prejudice arguments were “significantly overstated”.
In defamation case, prior reputation pleading not required for serious harm claim: judge
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A judge has refused to strike out claims of serious harm in a defamation case by a pro-Israel activist against the owner of Sydney restaurant Cairo Takeaway, finding the activist did not need to plead to his prior reputation.
Fired JLL execs sue The Australian publisher for defamation
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Two axed executives of real estate broker Jones Lang LaSalle have sued the publisher of The Australian over articles they say destroyed their professional reputations and cost them up to $15 million each in earnings.
Gillis Delaney dodges third-party costs bid in IP dispute
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Law firm Gillis Delaney has defeated a bid for third-party costs by a warehouse management software company that was named in an intellectual property dispute, with a judge rejecting claims the firm was not authorised to act and acted unreasonably.
Meta wins opposition to ‘Reelstar’ trade mark
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Meta has successfully opposed an Australian start-up’s ‘Reelstar’ trade mark, with a delegate finding it was too similar to the social media company’s mark for its short-form video brand Reel.