Andy Sidler

A former director of marketing companies linked to the failed Shield and First Guardian funds says ASIC's 14-month investigation has left him facing a travel ban and freezing orders but no substantive allegations.

Three years after filing, the class actions against Hyundai and Kia are trying to pinpoint the defect at the heart of the cases, with the car manufacturers complaining that the newest pleading, which seeks to expand the claims to include an additional 380,000 vehicles, is still missing key details. 

The owners corporation of a luxury apartment block in Sydney’s North Shore have been awarded $7.8 million in a summary judgment ruling after developer Lotus Fund failed to put on more than bare denials.

The prevailing applicants in a contest to run class actions against Hyundai and Kia want all their costs of the beauty parade against the plaintiffs and funders of the failed cases, arguing the whole of their outlay was unnecessary.

A Phoenix Property Investors special purpose vehicle has won a $57.75 million judgment against developer Rockdale Central Finco in a dispute over financing related to the construction of 50 residential apartments in a southern Sydney suburb.

Roberts Construction has dodged a bid for security in proceedings seeking to claw back money it paid to a labour hire company, with a judge noting the presumption of insolvency was only established in a limited, “technical sense" in prior proceedings. 

A Woolworths executive facing cross-examination in the ACCC's case over alleged illusory discounts has denied that price increases were anything other than a reaction to inflation and a “tsunami” of supplier cost increase requests. 

Hearing the ACCC's opening remarks in its case against Woolworths over 'illusory' discounts, a judge has questioned if consumers would have descended into the level of analysis suggested by the regulator when shopping.

The Western Australian premier has started talks with the federal government on a bilateral agreement to put an end to duplicative environmental approvals. 

Coal producer Glencore has lost the latest round in a long-running dispute with Port of Newcastle over access charges.