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Mining Services International is taking a $1 billion dispute over the terminated sale of a mine in Bahia to the High Court, after the receiver for Brazilian mining company Atlantic Nickel won a bid to stay the case.
Charter Hall locks down Bank of Queensland as latest tenant for Brisbane office tower
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Charter Hall and Investa have secured Bank of Queensland as a long-term tenant at their $800 million office tower at 360 Queen Street in Brisbane.
CapitaLand wins $3M judgment against missing exec
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Singapore’s CapitaLand has secured judgment in the Federal Court against a missing executive accused of embezzling the real estate asset manager’s funds.
Harvey Norman shouldn’t be punished for founder’s ‘unattractive’ remarks, court told
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Harvey Norman says it should be fined no more than $24 million for running misleading ads, urging a court not to punish it for “intemperate” remarks its founder made in the media about the legal system.
Piper Alderman’s default win quashed in fee row with Care A2 director
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Piper Alderman has been pulled back into a costs dispute after a judge found the director of dairy company Care A2 had an arguable defence and set aside a default judgment for the law firm.
Westpac pays back $50M to 47,000 underpaid staff
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Westpac has paid back $50 million plus interest and super to 47,000 current and former staff who were underpaid over an 11-year period.
Mayne, Cosette row to be decided on merits after panel resets merger clock
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The Takeovers Panel has agreed to hear Mayne Pharma’s latest dispute with Cosette over the US drug maker’s attempts to walk away from their $672 million merger agreement and extended the timeline for completing the deal.
ASIC appeals conflicted remuneration case against Freedom execs
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ASIC has lodged an appeal of a ruling that tossed its conflicted remuneration case against Freedom Insurance’s former boss and another executive over a sales incentive scheme.
SunCable inks 70-year agreement with Traditional Owners for NT solar farm
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Mike Cannon-Brookes’ SunCable has signed a 70-year land use agreement with Traditional Owners to develop the country’s largest solar farm at Powell Creek Station in the Northern Territory.
Court won’t allow new claims in suit over $27.5M contract for Melbourne CBD building
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A court has rejected a bid to expand a lawsuit over a Chinese investor’s $27.5 million contract to purchase a building at 99 Queen Street in Melbourne to join the matriarch of the “very wealthy” family.