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A massive dip in the price of iron ore in 2014 did not ring alarm bells for failed Arrium's then CEO, a court has heard, with the former boss denying that a capital raising that year was an urgent measure in the face of the potentially 'catastrophic' drop.
A judge has knocked back a class action’s bid to revise its claims against KPMG and former Arrium directors mid-trial, saying the amendments made for a "vastly different" case.
A judge has granted bankrupt publican Jon Adgemis three more weeks to review material in a dispute with the ATO, despite the matter stalling since a third set of solicitors took over his defence in March.
Former Health Services Union secretary Diana Asmar wants to vacate an upcoming trial over an alleged false invoicing scheme, citing funding and health concerns.
Arrium's former directors and auditor KPMG have lost a challenge to a key report relied on by shareholders in a class action over the collapsed steelmaker that says the company overstated the value of its assets.
Construction PRO
Carlisle Homes has lost its bid to have a $3 million fee dispute with Lander & Rogers dealt with by the Costs Court, with a judge finding the court doesn't have jurisdiction over the matter.
A mid-trial amendment bid by shareholders in a class action over Arrium's collapse will delay cross-examination of the company's CEO and former directors, who told a judge Wednesday they should not be required to enter the witness box until the issue is resolved.
Construction PRO
A judge has sent a dispute between two companies over a residential development in Melbourne’s outer west to arbitration, finding that a signature binding the developer to the process was not forged.
A class action over the collapse of Arrium is bound to its pleading that the asset value of all the steelmaker's business units was impaired by a total of $2.8 billion, a judge has ruled in the second week of trial.
Construction PRO
Squadron Energy is poised to expand into battery storage and hybrid renewable energy projects after refinancing its $2.7 billion wind portfolio.