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US-based investment firm Carlyle has announced the launch of a clean energy infrastructure platform for the development of solar, battery storage and green hydrogen projects in Australia and the UK.
ABD Group liquidators win more time for $23M voidable transaction claims
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Liquidators of the ABD Group of construction companies have won a brief reprieve from the three-year limitation period to launch voidable transaction cases worth up to $23.2 million.
$7M suit over asbestos-tainted mulch in Sydney parks on ice pending criminal pleas
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A NSW Supreme Court judge has stayed civil proceedings relating to asbestos-contaminated mulch found in parks across Sydney amid ongoing criminal proceedings.
Boral expands Melbourne footprint with Wallan Concrete plant purchase
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Building materials giant Boral has acquired the Wallan Concrete plant 45km north of Melbourne’s CBD for an undisclosed sum, two months after its purchase of a Victorian sand producer.
Modco liquidators can pursue different unfair preferences claims in ‘mothership’ case
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The liquidators for defunct Perth builder Modco Residential have won court approval to bring claims for unfair preferences and unreasonable director-related transactions against multiple defendants in one “mothership” case.
EnergyAustralia admits carbon credits don’t undo harms of fossil fuels
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EnergyAustralia has admitted that its ‘Go Neutral’ carbon offset product did not prevent or reverse the harms associated with the burning of fossil fuels.
Software engineer resolves sex discrimination case against Xero
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An engineer who sued accounting software company Xero, alleging she was paid a lower salary than male colleagues, has resolved her case.
No loss proven in CBA cases, but all is not lost for shareholder class actions
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In explaining where CBA shareholders went wrong in proving damages from the bank’s omissions over an AUSTRAC probe, the Full Federal Court has given class action plaintiffs the clearest indication yet of how they might win.
Full Court cans Ben Roberts-Smith’s defamation appeal
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A court has rejected Ben Roberts-Smith’s appeal of a decision that found he committed war crimes in Afghanistan, as well as the disgraced soldier’s bid to re-open the case in light of a secret recording of Nine journalist Nick McKenzie.
Secret recording of Nine journalist no smoking gun: appeals court
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A secret recording of Nine journalist Nick McKenzie speaking to a witness in the case may have been “doctored” and had to be “treated with caution,” the Full Court said Friday.