Northern Iron administrators win extra six months to maximise sales process

Please login to bookmark Close

The administrators of a Northern Territory iron ore company have won extra time to hold a second creditors meeting in hopes of securing a deed of company arrangement, despite protests from creditor Aurizon.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Aircraft maker can’t pursue claims against Rex over $3M jet sale

Please login to bookmark Close

Save (0) Please login to bookmark Close Username or Email Address Password Remember Me A US-based aircraft serves provider has lost its bid to pursue claims over a $3 million jet sale against discount airline Rex while it’s in administration. In a 16 May decision, the NSW Court of Appeal rejected the appeal of Jet…

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Federal Court Chief Justice flags possible constraints on pleadings 

Please login to bookmark Close

Federal Court Chief Justice Debra Mortimer has flagged possible limitations on cashed-up parties in commercial disputes running overly complex cases that tie the court’s resources down. 

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Blackmores faces class action probe into vitamin supplements

Please login to bookmark Close

A boutique law firm is investigating a potential class action against Blackmores over claims that its supplements contain “potentially toxic” levels of vitamin B6 that could cause injury. 

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

ASIC accuses Snaffle of hefty price markups, excessive interest charges

Please login to bookmark Close

Australia’s corporate watchdog has taken Snaffle to court, alleging the online retailer inflated prices and charged excessive interest under credit contracts.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

IFM Investors to play ‘active’ role in Dexus, APAC row over shares, court told

Please login to bookmark Close

Global asset manager IFM Investors has hired a leading silk in a court battle with real estate and infrastructure manager Dexus, to assert its sizeable interest in the company that operates Melbourne’s Tullamarine Airport.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Qube, developer lose $20M claim against Defence over contaminated land

Please login to bookmark Close

A Qube unit and a developer have lost their $20 million claim alleging the Department of Defence failed to properly address asbestos contamination on leased land which was redeveloped into a terminal facility in Moorebank. 

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?