ASIC to seek winding up orders against property developer ALAMMC

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The corporate cop can revise its action against Gold Coast property developer ALAMMC to seek winding up orders after concerns have emerged about misuse of $70 million in investor funds.

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Dexus seeks docs given to PwC, Deloitte in fight with APAC

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Real estate asset manager Dexus wants information that the Asia Pacific Airport Corporation gave to several consultants in a court battle over allegations it breached a shareholder deed in selling a stake in the airport operator. 

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Victoria launches inquiry into decommissioning oil and gas infrastructure

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The state of Victoria has launched an inquiry into the risks associated with decommissioning the state’s oil and gas infrastructure to ensure that energy companies meet their obligations. 

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Transgrid contractor Elecnor appeals win for union over $3.6B EnergyConnect project

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Transgrid contractor Elecnor is seeking to appeal a ruling that found it unlawfully denied the Electrical Trades Union access to 47 migrant workers on Australia’s largest transmission project.

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Ex-Downer EDI project manager can’t pull ICAC report over Transport for NSW contracts

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A former Downer EDI project manager has lost a bid for court orders forcing NSW’s Independent Commission Against Corruption to remove a report into a probe relating to Transport for NSW and Inner West Council tenders.

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COVID-19 aged care class actions ramp back up as criminal trial nears

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After more than a year on ice, two class actions against age care facilities over COVID-19 outbreaks are set to resume late this year, following a month-long criminal trial that kicks off next week. 

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Court OKs $59M settlement in rate-rigging class action against banks

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A judge has signed off on a $59 million settlement in a class action accusing five banks of foreign exchange rate-rigging, while bemoaning the failure of successive attorneys-general to advance reforms clarifying the court’s power to make class closure orders.

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