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The infrastructure investment arm of Chinese e-commerce giant JD.com has entered the Australian industrial property market with the acquisition of a large distribution center in Brisbane.
Aristocrat can’t get gambling disorder info from class action members
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Aristocrat has lost its bid to question class action members about whether they have a gambling problem ahead of mediation, with a judge saying it called for “self-diagnosis” and would not yield reliable results.
Judge wrong in case over insurer’s pre-existing condition term: ASIC
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The corporate regulator has appealed a Federal Court decision that rejected part of its case against HCF Life Insurance over a pre-existing condition term in its policies that was found to be misleading but not unfair.
Destec goes for the kill in trade secrets fight with MinRes
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Engineering firm Destec has asked the court to finally knock out Mineral Resources’ claim over alleged theft of trade secrets for a modular crushing plant.
Radio giant scapegoated 2Day FM royal prankster, lawsuit says
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A 2Day FM host behind a prank call to the hospital where the Duchess of Cambridge was staying in 2012 alleges he was “hung out to dry” by the radio network after a nurse’s death by suicide.
In ANZ class action, court approves third settlement GCO without altering rate
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In the third decision approving an unaltered group costs order at the resolution of a class action, a judge has OK’d an $85 million settlement by ANZ, representing a $21 million payday for Maurice Blackburn.
Judge OKs Banksia receiver’s $10M deal with Mark Elliott estate, notes perversity of trust law
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A judge has given the greenlight to a $10 million settlement with entities linked to late solicitor and Banksia class action mastermind Mark Elliott, noting the “perverse” difficulty of recovering more of the $70 million in assets held on trust.
BHP loses latest ‘same job, same pay’ battle with union
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Unions have prevailed in a fight with BHP over Labor’s same job, same pay legislation, with a landmark decision ensuring a pay rise for over 2,000 labour hire workers.
Lifestyle Communities mulls appeal after exit fees found void
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Retirement village operator Lifestyle Communities has foreshadowed an appeal after a tribunal ruled that exit fees charged to departing residents were void.
Shinetec wins freezing order after Bank of China pays The Gosford
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Shinetec, the Australian arm of China’s Shanxi Construction Investment Group, has won orders restraining the developer of an abandoned $185 million project in NSW from accessing $48 million paid to it by Bank of China.