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Online trading platform CMC Markets does not have to hand over less redacted solicitors' invoices to support its bid for more security in a class action over "risky" derivatives, after the applicant argued it needed more evidence to argue CMC's legal team was "top-heavy”.
Competition lawyers are watching with interest to see if Coles appeals the ACCC's decision to block its proposed acquisition of a leasehold interest in a site in Kalgoorlie, with a tribunal review to provide a valuable early test of the new merger regime.
Construction PRO
A judge has discharged the mortgages and caveats developer Oliver Hume holds over a residential subdivision project in Onkaparinga Heights in favour of a renegotiated arrangement, allowing the landowner to deal with property amid an ongoing court dispute.
Lander & Rogers says its independence has helped the firm remain agile at a time when Australian law firms are increasingly pursuing international mergers to contend with economic pressures and rising client expectations.
A court has found that defunct printing cartridges supplier Beacon used deceptive sales tactics to dupe customers into paying for goods they did not order, in conduct described as "fundamentally dishonest”.
A class action against Insurance Australia wants to add car insurance customers to the case, and says extra defence costs by IAL -- which has already spent a "disproportionate" $3 million -- shouldn't bar the new claims.
Construction PRO
A court has heard that the CEO of collapsed developer Crown Group and an associated company owe $12 million in the company's liquidation.
Four contractors are facing cross-claims in a class action against developer Mulpha over a 683-lot development in Glenmore Park.
A class action that sought to quash a settlement reached on behalf of child abuse victims who attended NSW’s Fairbridge Farm School has been discontinued, with a court hearing the case was "uneconomic".
Construction PRO
A court has found that the relationship between the owner and the developer behind a residential subdivision project in Onkaparinga Heights has deteriorated to such a degree that orders requiring them not to abandon the partnership would be of no help.