A judge has said ASIC should have known that its case against four TerraCom directors over statements made to investors had no prospects of success, calling one of its submissions “unworthy of the corporations regulator”.
Roberts Co has appealed a decision which required it to pay the entirety of subcontractor Sharvain Facades $3.2 million payment claim, despite it being filed after hours on a Friday.
Investors in Till Payments have won discovery for a possible suit over $43 million in alleged losses suffered after it was sold for just $47 million following a $200 million capital raise, with a judge rejecting arguments that the bid amounted to a royal commission.
A judge has said an 11-day trial in ASIC’s case against Solve My Debt Now will go ahead in December despite a third set of solicitors ceasing to act and no sign that the debt management firm will put on evidence.
The owners of land acquired to build a Melbourne freeway have asked the High Court to overturn an “erroneous” appeals court decision which left them with $2 million for land worth over $30 million, saying the case raises important questions about the Land Acquisition and Compensation Act.
A judge has ruled that Walter Sofronoff KC can rely on a report on his inquiry into the prosecution of Bruce Lehrmann in his case challenging the ACT Integrity Commission’s findings that he engaged in corrupt conduct.
A luxury Aqualand development in Milsons Point can’t undo a $10.6 million freezing order granted to the owners corporation to address the risk that funds would be unavailable to meet its claim for damages to remedy alleged defects.
Fund manager Realside and other leaseholders have launched proceedings against M3Property and a valuer, alleging tenants of Rundle Mall in Adelaide have been overcharged for rent since 2006 as a result of consistently flawed valuations.
Maurice Blackburn’s costs in running a ‘junk’ insurance class action which settled for $34 million will not be fully covered under a 25 per cent group costs order, a court has heard.
The developer of a Sydney apartment block has appealed a decision that awarded the owners corporation $1.95 million, arguing the owners may have manufactured a relationship breakdown to escape their obligations.