Banksia receiver wants release from new case, gets interim injunction

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The receiver for failed Banksia Securities wants a release from claims stemming from his role, including a case by investors who lost their life savings only to be duped by the class action team that represented them.

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Godfrey Hirst wants more discovery in trade secrets case against ex-GC, Piper Alderman

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Carpet supplier Godfrey Hirst wants more discovery to back up its claims that a competitor’s distressed business bounced back after its former general counsel — allegedly aided in part by Piper Alderman — jumped ship along with a senior manager, taking “thousands” of documents.

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Transgrid resolves Melbourne BESS contractor’s $11M case over union dispute

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A lawsuit against Transgrid by the winning bidder for a contract to build a substation for the Melbourne Renewable Energy Hub, which sought $11 million in extra costs and damages for alleged union disruptions, has been settled.

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Charter Hall can respond to Pitt St developer’s reply evidence in $100M suit

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A judge has allowed Charter Hall to respond to developer Pro-Invest’s expert evidence in a case claiming $100 million in damages for the lost opportunity to build a 26-storey hotel in the Sydney CBD. 

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Star Entertainment’s plan to exit Queen’s Wharf venture collapses

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Star Entertainment will be on the hook for $41 million to its Queen’s Wharf partners after an agreement to sell its stake in the Brisbane entertainment venture fell through.

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Solicitor beats appeal in negligence case over rescinded property sale

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An appeals court has declined to revive a negligence case against a solicitor accused by a former client of failing to advise him on key clauses in a rescinded $1.7 million sale contract.

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$3.9B undersea cable Marinus Link gets final tick of approval

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Construction of an underwater cable connecting Tasmania’s hydroelectricity to the mainland — slated to pump $3.9 billion into the economy — has secured final approval. 

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Mayne Pharma flags late evidence concerns in suit over $672M Cosette merger

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Mayne Pharma has said it may seek to shut out US drug maker Cosette’s expert evidence in proceedings over the purported termination of their $672 million merger.

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PE firm Goldstone can’t appeal oppression ruling before damages

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Private equity firm Goldstone has lost its bid to lodge an appeal before damages are determined, after a judge found  it invalidly terminated its managing director’s employment for standing in the way of a deal with her business partner’s son.

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