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A unit of developer Dennis Family Corporation has been hit with a class action by buyers of apartments in a Brisbane estate who claim their contracts were wrongly terminated when neighbouring property values soared.
CIP Group seeks to amend case over $30M Brisbane development
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Developer CIP Group is fighting opposition to its bid to amend its claims in oppression proceedings brought against entities associated with a 600-lot environmentally friendly residential development in a Brisbane suburb.
Beach Energy buys Vintage Energy stake in Otway Basin gas fields
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Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Beach Energy has acquired oil and gas exploration company Vintage Energy’s stake in PEP 171 – a gas field in the Victorian section of the Penola Trough located in the Otway Basin. On Thursday, Vintage announced that Amplitude Energy – the…
Clifford Chance launches construction team in Australia
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Global law firm Clifford Chance has launched a construction practice in Australia after nabbing a special council from Pinsent Masons to lead the group.
KPMG hits back at Phoslock shareholder class action
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Auditor KPMG has hit back at a shareholder class action over water treatment business Phoslock’s alleged accounting irregularities, saying it should be completely relieved from paying damages since it acted honestly.
ASIC opposes late evidence in novel case over CFDs
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ASIC has opposed a bid by online investment platform eToro to rely on late expert evidence in the regulator’s first-ever action alleging breach of obligations in designing and selling financial products over high-risk contracts for difference.
Binetter company liquidator wins OK for settlement in tax dodge case
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The liquidator of six companies linked to the nephew of former Nudie Juice founder Andrew Binetter has secured approval for a settlement in a case over the fallout of a massive tax evasion scheme.
Bellamy’s settles sex discrimination suit by former CEO
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Bellamy’s Organic has resolved a suit by its former CEO alleging the baby food producer discriminated against her by offering a salary that was one-third of what her male predecessor earned.
Torres Strait Islanders lose climate change class action against government
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A judge has found that the government owes no duty of care to Torres Strait Islanders to protect them against the effects of climate change, despite finding that there was a very real risk they could become “climate refugees”.
New Aim loses trade secrets case over employee’s WeChat contacts
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A court has knocked back online merchandise importer New Aim’s trade secrets case against a former employee who gave the contact details of the company’s suppliers, stored on his personal phone, to a competitor after jumping ship.