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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.
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.
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.
Convicted accountant Vanda Gould loses appeal in fight with ATO
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A Sydney accountant who was jailed in 2019 for perverting the course of justice has lost his latest battle with the tax office, with a judge tossing four taxation appeals by related entities after finding his evidence about over $21 million in wrongly claimed tax deductions was “entirely lacking in credibility”.
Super Retail Group faces underpayments class action probe
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Rebel Sport owner Super Retail Group is facing a possible class action for allegedly underpaying staff at its stores since 2019.
AUSTRAC brings court action against pokies giant Mounties
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AUSTRAC has launched proceedings against gaming club group Mounties, alleging the company engaged in serious and systemic non-compliance with anti-money laundering and counter terrorism financing laws.
Privilege fight on cards in case against HWL Ebsworth over Belmore development
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A fight over legal professional privilege is looming in a case against HWL Ebsworth and a former partner by investors in projects by property developer Belmore 88.
Veolia wins draft conditions from EPA in fight over waste transfer station
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A tribunal has ordered the EPA in Victoria to indicate what conditions it would impose on Veolia’s development application for a waste transfer station, which the regulator has opposed.
Chubb dodges Double Bay property owner’s defects claims
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A judge has rejected a Double Bay property owner’s bid to put Chubb on the hook for any damages a builder may owe for alleged defects.
JLand, Far East Consortium eye mixed use opportunities in Australian cities
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Malaysian real estate investor JLand has teamed up with Hong Kong developer Far East Consortium to explore development opportunities in Australia and Malaysia.