NSW Port Authority can shield cabinet docs in $300M suit over Glebe Island deal

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The Port Authority of NSW has won its claim for public interest immunity over six cabinet documents in a suit by a defunct sand importer over a lease agreement for a mulit-user facility at Glebe Island, with a judge finding they had little forensic value.

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Court throws out expert evidence in Whyalla Ports dispute with OneSteel

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GFG unit Whyalla Ports has won its bid to rub out some expert evidence put forward by OneSteel about the costs of dismantling and removing assets from the site in their dispute over control of the assets at the South Australian port.

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Court declines to order security in SOPA spat over $5.3M apartment project

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A judge has declined to order security in developer Gilridge Investments’ payment claim fight with Diamond Builders over a $5.3 million apartment project, saying the builder failed to show the penniless developer would not be able to cover its costs after completing the troubled project.

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Gateway Capital scoops up Sydney warehouse from Blackstone for $800M industrial portfolio

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Gateway Capital has acquired a warehouse in Sydney’s Eastern Creek from private equity firm Blackstone for $75 million as part its plan to build a $800 million industrial and logistics portfolio.

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Apple, Google engaged in anti-competitive conduct, says judge

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In a major win for two class actions and Fortnite maker Epic Games, a judge has found that Apple and Google misused their market power in running app stores and in-app purchase systems.

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Court approves 35% GCO in WiseTech class action

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A judge has approved a 35 per cent group costs order in a shareholder class action against WiseTech, but said the relatively high rate could be revisited by the court at a later stage in the case. 

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Ex-PwC partner banned for alleged false statements that caused $11M tax shortfall

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The Tax Practitioners Board has banned former PwC partner Richard Gregg for four years after finding he made false or misleading statements concerning research and development tax incentives, resulting in a tax shortfall of $11 million and $800,000 in fines for his clients.

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Investment manager pleads guilty to insider trading of Platinum shares

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Sydney investment manager Rodney Forrest has pleaded guilty to two counts of insider trading in relation to the trading of $2.6 million in shares of funds manager Platinum Asset Management while in position of inside information about a takeover offer.

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Vansan Construction boss asks court to set aside $2M default judgment for developer

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The CEO of embattled Melbourne builder Vansan Construction is fighting a $2 million default judgment for SK Developments, saying he was given no opportunity to defend himself.

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