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The administrators of a Northern Territory iron ore company have won extra time to hold a second creditors meeting in hopes of securing a deed of company arrangement, despite protests from creditor Aurizon.
Aircraft maker can’t pursue claims against Rex over $3M jet sale
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Save (0) Please login to bookmark Close Username or Email Address Password Remember Me A US-based aircraft serves provider has lost its bid to pursue claims over a $3 million jet sale against discount airline Rex while it’s in administration. In a 16 May decision, the NSW Court of Appeal rejected the appeal of Jet…
Cooper Grace Ward snatches corporate partner from K&L Gates
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Brisbane-based law firm Cooper Grace Ward has lured a corporate law expert from K&L Gates to join its partnership.
Federal Court Chief Justice flags possible constraints on pleadings
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Federal Court Chief Justice Debra Mortimer has flagged possible limitations on cashed-up parties in commercial disputes running overly complex cases that tie the court’s resources down.
Ashurst winds down Canberra government practice in deal with Thomson Geer
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Ashurst has decided to wind down its Canberra federal government practice following a strategic review, with seven partners set to move to Thomson Geer.
Blackmores faces class action probe into vitamin supplements
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A boutique law firm is investigating a potential class action against Blackmores over claims that its supplements contain “potentially toxic” levels of vitamin B6 that could cause injury.
ASIC accuses Snaffle of hefty price markups, excessive interest charges
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Australia’s corporate watchdog has taken Snaffle to court, alleging the online retailer inflated prices and charged excessive interest under credit contracts.
IFM Investors to play ‘active’ role in Dexus, APAC row over shares, court told
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Global asset manager IFM Investors has hired a leading silk in a court battle with real estate and infrastructure manager Dexus, to assert its sizeable interest in the company that operates Melbourne’s Tullamarine Airport.
Qube, developer lose $20M claim against Defence over contaminated land
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A Qube unit and a developer have lost their $20 million claim alleging the Department of Defence failed to properly address asbestos contamination on leased land which was redeveloped into a terminal facility in Moorebank.
Builtcom says court’s ruling ‘disables’ progress payments on Sydney project
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Challenging an $8.5 million adjudication on a payment claim that sought over $30 million from developer VSD Investments, construction company Builtcom says it is effectively “disabled” from recovery of progress payments.