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A judge has approved an increase in the costs of distributing a $180 million settlement in a stolen wages class action but has said more “frankness” is needed in competitive tenders for the administration gig.
Not a ‘court of taste’: Mark Latham says homophobic tweet not defamatory
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A homophobic tweet aimed at independent Sydney MP Alex Greenwich may have approached “vulgar abuse” but was just part of the cut and thrust of Australian political debate, former One Nation politician Mark Latham has said.
APAC shareholders must hand over silk, G+T advice in fight with Dexus
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Real estate asset manager Dexus has won access to advice given by the lawyers of two shareholders of airport operator APAC over an alleged breach of a shareholder deed.
Shinetec wins round in spat over $185M Gosford development
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A judge has handed Shinetec a win in its dispute with the developer of a scuttled $185 million project in Sydney, finding that $48 million owed by the builder to its parent company after the developer called on a letter of credit fell within the definition of ‘secured money’.
Court throws out native title appeal over AngloGold mining leases
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An appeals court has confirmed that mining companies AngloGold and IGO Limited did not need to renegotiate native title approvals when they consolidated 31 existing mining leases into a single lease.
National Storage REIT receives $4B takeover offer from Brookfield consortium
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A consortium of Brookfield Property and GIC Investments has moved to acquire National Storage REIT, making an offer that values the self-storage investor at $4 billion.
Developer Paul Chiodo appeals liquidator’s $9M proof of debt rejection
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Property developer and former director of collapsed Keystone Asset Manager Paul Chiodo is appealing the rejection by liquidators of a $9 million proof of debt.
Cbus trustee must pay $23.5M in ASIC case over delayed death benefits
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A judge has ordered trustee United Super to pay $23.5 million after admitting it was liable for excessive delays in processing $20 million in death and disability claims.
Uber Eats, Doordash reach historic deal on standards for gig workers
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Uber Eats and DoorDash have reached a landmark deal with the Transport Workers Union to set baseline pay and protections for gig workers.
Bendigo Bank says review found systemic AML/CTF failures
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A Deloitte review has found lax compliance with anti-money laundering rules by Bendigo Bank over a six-year period.