Please login to bookmark Close
The common practice of splitting hearings on questions of liability and penalty may become “completely untenable” when there are credit issues, if the High Court upholds a recent recusal decision, a judge has said.
Queen’s Wharf partners terminate $53M deal to buy out Star’s stake
Please login to bookmark Close
Hong Kong-based investors Chow Tai Fook Enterprises and Far East Consortium plan to terminate a $53 million agreement to buy out Star Entertainment’s stake in the Queen’s Wharf entertainment project in Brisbane.
Roberts Co creditors vote in favour of founder’s DOCA pitch
Please login to bookmark Close
A restructuring proposal by the founder of Roberts Co has won the approval of creditors of the developer, which are owed a total of $100 million.
Building materials giant CSR hit with misuse of market power case
Please login to bookmark Close
Saint Gobain-owned CSR faces litigation by an independent building insulation distributor alleging it abused its dominance by upping prices during the pandemic.
iProsperity liquidators win OK for retainer to pursue $45M claim against Crown
Please login to bookmark Close
Liquidators for iProsperity have been given the greenlight to enter into retainers with Norton Rose Fulbright to pursue claims against the defunct property group’s general manager and Crown Melbourne.
NSW landlords to face penalties for doctoring rental photos
Please login to bookmark Close
Under proposed reforms to NSW tenancy laws, businesses that publish misleading photographs of rental penalties will face penalties of up to $22,000 and face new requirements for securing renters’ personal data.
Jones Day nabs real estate pro from Clayton Utz
Please login to bookmark Close
Jones Day has lured a real estate expert from Clayton Utz to join its Brisbane office as a partner.
Class action against University of Newcastle says course left students unemployable
Please login to bookmark Close
The University of Newcastle has been hit with a class action alleging students were misled into studying an engineering degree that lacked professional accreditation and left them unable to apply for employment.
GM says class action ‘fishing’ for unknown design flaw in Holden cars
Please login to bookmark Close
General Motors has moved to strike-out a class action over allegedly faulty transmission systems in Holden cars, arguing the plaintiff needs to plead the alleged design flaw with specificity, not just by reference to symptoms.
ASIC takes action against companies of steel baron Sanjeev Gupta
Please login to bookmark Close
The corporate regulator has brought action against three companies in Sanjeev Gupta’s steel empire, alleging the businesses have defaulted on their obligations to lodge annual financial reports.