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The National Storage REIT will continue its partnership with Singaporean sovereign wealth fund GIC to invest in a second round of development assets, the ASX-listed trust said Wednesday.
Choosi misled customers with insurance comparison service, ASIC claims
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Insurance comparison site Choosi has been taken to court by ASIC for allegedly misleading its users by almost exclusively comparing funeral and life insurance policies from one insurer.
Norton Rose lures two M&A partners from Squire Patton Boggs
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Norton Rose Fulbright has lured two M&A parters from Squire Patton Boggs to join its Sydney office during a period of high demand.
Federal Court should face audit after legal spend discrepancy, senator says
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The Australian National Auditor Office has been asked to review the Federal Court’s expenses and disclosures after discrepancies in the court’s accounting of internal legal expenses.
‘All or nothing gamble’: Law firm slams Aussie Home Loans declassing bid
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Mortgage broker Lendi Group and insurer ALI Group want a proceeding on behalf of tens of thousands of Aussie Home Loans customers to be stripped of class action status.
Fonterra faces underpayments class action investigation
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Fonterra may face a class action for allegedly underpaying lab technicians since 2018, as the dairy co-op seeks to offload its Australian food unit.
Privilege waiver over Clifford Chance email doesn’t open door to discovery: court
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An email to lawyers at Clifford Chance relied on to show investor Fiona Lock’s understanding of a contested $150 million profit sharing deal with trading platform Pepperstone did not open the door to further correspondence.
John Pesutto hit with bankruptcy notice over $2.3M defamation costs
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Former Victorian Liberal Party leader John Pesutto has been hit with a bankruptcy notice after failing to pay $2.3 million in costs in MP Moira Deeming’s defamation suit over statements implying she had links to neo-Nazis.
IAG denies claims in loyalty discounts class action
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Insurance Australia Limited and Insurance Manufacturers of Australia have denied a class action’s claims that they misled insurance customers about loyalty discounts by calculating their premiums using an algorithm designed to maximise renewals.
Roberts Co owes creditors $100M, as founder floats possible DOCA
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Construction group Roberts Co owes unsecured creditors almost $100 million, a court has been told as administrators secure more time for the builder’s founder to pitch a restructuring deal.