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Developer CIP Group must fork over another $1.17 million in further security for costs in a derivative case against entities associated with a 600-lot development in Brisbane.
Cairns office building sells for $77.5M
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A private group of local business people has purchased commercial office building Cairns Corporate Tower for $77.5 million.
Piper Alderman nabs litigation funding expert
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Piper Alderman has appointed a new partner to its litigation team in Sydney with specialist expertise in litigation funding.
Elders’ $475M bid for Delta Agribusiness wins OK with store sell-off
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The ACCC will not stand in the way of Elders’ $475 million takeover of rival farm supplier Delta Agribusiness, after the agribusiness giant provided an undertaking to divest six Delta stores in Western Australia.
ACCC not ready to let Yamaha acquisition of Telwater sail through
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The competition regulator has expressed worries that Yamaha Motor’s proposed acquisition of aluminium trailer boat maker Telwater could substantially lessen competition in the wholesale supply of outboard motors.
Rent-to-own company appeals $7.4M penalty for Credit Act breaches
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A rental company providing long-term leases for household items has appealed a ruling slapping it with a $7.4 million penalty for loan agreements that did not comply with credit laws.
Australian Clinical Labs hit with $5.8M penalty over data breach
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In the first-ever civil penalty proceedings for breaches of the Privacy Act, pathology services provider Australian Clinical Labs has been ordered to pay $5.8 million over a 2022 data breach that compromised the sensitive personal information of 223,000 customers of its Medlab business.
Funder admits ‘thrusting young bucks’ remark, denies discrimination claim
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Litigation funder Woodsford has struck back at a discrimination suit by a former female director, admitting its CEO described her male colleague as a “thrusting young buck” but denying the phrase was gendered.
Western Sydney University facing class action over unaccredited degree
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Western Sydney University is facing a class action alleging it misled students into studying a health engineering degree that was unaccredited, on the heels of similar claims being leveled at the University of Newcastle.
Wiggles resolves former CEO’s adverse action suit after mediation
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Children’s entertainment group The Wiggles has reached a settlement resolving a case by its former CEO, who claimed he was axed after complaints about co-founder and Blue Wiggle Anthony Field.