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A Melbourne developer has sued its director, alleging that he unlawfully issued himself shares in an industrial estate development in Epping using a “simulated” signature, a claim which the director denies.
Kanadevia Inova hit with another suit over East Rockingham waste-to-energy project
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Swiss greentech company Kanadevia Inova has been hit with another suit by the receivers over a contract for the $500 million East Rockingham waste-to-energy plant in Western Australia.
Lendlease fends off vote on control of $2.8B retail property fund
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For a third time, real estate investment manager Lendlease has avoided a vote on the future of its oversight of a $10 billion property fund, with a proposed meeting Wednesday of the fund’s retail investors reportedly adjourned for want of quorum.
Ashurst advises Snowy Hydro on first BESS offtake deal
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Ashurst-represented Snowy Hydro has reached a landmark 15-year virtual tolling agreement with Akaysha Energy for Victoria’s Elaine Battery Energy Storage System, the first battery toll pact for the energy company.
Developer appeals $158M asset freeze won by Keystone liquidators
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Developer Robert Filippini is appealing a ruling that granted the liquidators for Keystone Asset Management’s expanded freezing orders of up to $158 million in assets as well as two family trusts and four luxury cars.
Australian Clinical Labs agrees to $5.8M penalty over data breach
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In the first penalty to be handed down for breaches of the Privacy Act, pathology services provider Australian Clinical Labs has agreed to cop a $5.8 million fine over a 2022 data breach that compromised the personal information of 223,000 customers of its Medlab business.
ANZ whistleblower trial kicks off, with trader admitting inappropriate messages
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Former ANZ trader Etienne Alexiou has admitted during cross-examination that lewd messages sent to other bankers through Bloomberg’s messaging platform were inappropriate and could cause offence.
Clayton Utz senior advisor won’t give evidence in ANZ whistleblower trial
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ANZ can’t call its former group chief risk officer — now a strategic advisor for Clayton Utz — to give evidence as it defends a whistleblower case by former trader Etienne Alexiou.
Optus reports another Triple Zero outage
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Optus has suffered another Triple Zero outage, just over a week after a 13-hour outage across three states that was linked to the deaths of three people.
RV maker Jayco must back up defence claim in ACCC case, court says
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Jayco must spell out its claim that it explained the specific features of its recreational vehicles to customers, as part of its defence to an ACCC case over alleged misleading statements, a judge has said.