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A court has ordered the de facto director of failed construction company Trinco to pay its liquidator $10 million, finding that the builder had been trading while insolvent since 2018.
Court blocks examinations over Ray White loans to failed developer
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Ray White has secured a stay of examinations of its employees, as a creditor of FSM Development investigates claims the real estate agency’s loan agreement with the collapsed Sydney developer was uncommercial.
Victoria greenlights Woolnorth Renewables 400MW wind farm
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Woolnorth Renewables has won approval for its 400-megawatt wind farm in Victoria’s south-west, the third-largest wind project approved by the state in the past decade.
Construction law firm accused of overcharging client by $250,000
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A construction law firm that is accused of overcharging a developer by $250,000 has lost its bid to stay cost assessment proceedings against it.
Judge recuses himself from ‘sham contracting’ case against Uber
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A judge has recused himself from hearing a ‘sham contracting’ case against Uber because he previously represented the rideshare giant in four similar matters when he was a barrister.
Dyno Nobel appeals loss in explosives patent spat with Orica
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Explosives company Dyno Nobel is appealing a court’s dismissal of its case seeking to invalidate patents owned by rival Orica for a wireless detonation device.
CBA fights class actions’ bid to keep ‘truly dead’ cases alive
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Following the failure of two class actions to prove market-based loss from the Commonwealth Bank’s disclosure breaches, the bank is fighting the class actions’ bid to pursue individual ‘no transaction’ cases, saying they were “trying to keep something alive that is truly dead”.
Law firm investigates ‘loyalty tax’ class action against Suncorp
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Insurance giant Suncorp faces a class action investigation on behalf of millions of home and car insurance customers who were allegedly misled about their premiums and charged a so-called loyalty tax.
Westpac’s $130M settlement in flex commissions class action approved
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A judge has signed off on Westpac’s $130 million settlement in a class action over flexible commissions paid to car dealers, bringing to an end three cases brought by Maurice Blackburn against lenders.
Downer EDI wins spat with builder over $22M payment claim
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A judge has found that builder DT Infrastructure’s application for adjudication of a $22 million payment claim against Downer EDI was discharged by Downer paying off a smaller claim of less than $1 million, which was the only amount expressly referred to in DTI’s application.