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ASX-listed Vicinity Centres has secured full ownership of Uptown Shopping Centre in Brisbane’s CBD after agreeing to purchase IFM Investor’s 75 per cent stake for $212 million.
IG Power stakes claim over $3.5M surplus left over from Callide administration
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IG Energy’s former subsidiary has made a claim on a $3.5 million surplus from the administration of IG’s interest in the Callide Power Station in Queensland.
Mitre 10 franchisee sues Bunnings over $36M Queensland store plans
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A Mitre 10 franchisee, who has accused Bunnings Warehouse of misusing its market power, wants an order from the court shielding it from any adverse costs orders in its David and Goliath battle.
Real estate firm loses fight with ATO over service fee deductions
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Two units of Queensland real estate firm Coronis have lost a fight with the tax office over service fee deductions claimed for payments to related entities for the use of the Coronis trade mark, among other trust assets.
Court tosses greenwashing case against Santos over net zero claims
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A court has tossed a landmark greenwashing case against Santos alleging it misled investors by falsely representing that it had a plausible path to net zero by 2040.
Used car owners can sue for reduction in value damages in Ford class action
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Deciding an issue that might take a class action against Ford to the High Court for a second time, a judge has found that used car owners can sue under the same consumer guarantee as someone who bought a new car.
Westpac CEO ordered to court after bank seeks to ‘defend the indefensible’
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A judge ordered Westpac’s CEO to front court over the “unconscionable” actions of mortgage subsidiary St George Bank in refusing to reverse an adverse credit record from a customer short $44.11 on her mortgage payments.
HSFK wins round in spat with PlayUp over $330,000 legal bill
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A judge has set aside a decision on a costs assessment application by online gambling platform PlayUp in relation to a $330,000 unpaid legal bill from Herbert Smith Freehills Kramer.
Mobil Oil hit with $16M penalty for misleading consumers about fuel
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A judge has ordered Mobil Oil to pay an agreed penalty of $16 million for running ads in far north Queensland over a period of four years falsely claiming that it was supplying a specific brand of fuel with added benefits.
Victoria can’t dodge full costs in pepper spray class action, flags appeal
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Victoria may appeal a decision in a class action that found police unlawfully deployed pepper spray at a 2019 protest, a court has heard, as the state loses a bid to avoid the applicant’s full legal costs.