Sydney investment manager Rodney Forrest has pleaded guilty to two counts of insider trading in relation to the trading of $2.6 million in shares of funds manager Platinum Asset Management while in position of inside information about a takeover offer.
The CEO of embattled Melbourne builder Vansan Construction is fighting a $2 million default judgment for SK Developments, saying he was given no opportunity to defend himself.
The corporate regulator has launched a review into the requirement that superannuation funds disclose land transfer duty fees, commonly referred to as a ‘stamp duty’, in a move that could boost super investments in the property sector.
Commercial property fund Elanor Funds Management has hit back at “factually incorrect” claims made by Lederer Group as part of a $285 million takeover bid.
Port of Newcastle has failed in its bid for declarations following its defeat of of Glencore Coal’s case over wharfage fees, despite arguing further disputes could be avoided.
A court has ordered a stay of proceedings in a Melbourne property dispute, saying whether it could hear the case “better” than VCAT, as alleged by builder Brocon, was not the point.
The directors of payday lenders Cigno and BSF have filed for special leave to appeal a decision that found them liable for unlicensed credit activity, saying the case raises fundamental questions about the scope of accessorial liability.
The High Court has agree to weigh in on whether an appeals court erred in overturning $200,000 in exemplary damages awarded to each of four children gassed at Don Dale detention centre in the Northern Territory.
A rental company providing long-term leases for household items has been slugged with a $7.4 million penalty after a court found its loan agreements did not comply with credit laws.
On the first day of trial, a court has heard a class action over alleged negligent management of water flowing through the Murray Darling system is a “world away” from a climate change class action that recently failed at trial.
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