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A judge has hit Electro Optic Systems with a $4 million penalty after the defence firm admitted to continuous disclosure breaches by failing to reveal a drop in its 2022 revenue forecasts.
Construction PRO
The High Court has agreed to review a ruling that upheld an easement of prescription -- or right of long use -- in a fight between a member of the prominent Valmorbida family and an entity linked to the founder of collapsed construction group Steller over access to a Sorrento property.
Construction PRO
The High Court has declined two special leave applications in lawsuits over the failed Pentridge Village development in Melbourne.
Corrs Chambers Westgarth has hired a competition specialist from Magic Circle firm Slaughter & May to join the firm's Sydney office as a partner.
A judge has asked for more information on why he should approve $43.1 million in legal fees in a class action against AMP that settled for $120 million, calling the amount "extraordinary" and "troubling".
Dairy giant a2 Milk has agreed to cough up $62 million to settle a consolidated shareholder class action over a 2021 guidance.
Construction PRO
Transport for New South Wales is mulling an appeal of a ruling that ordered it to pay an additional $28.6 million for land acquired to build the M12 motorway to the new Western Sydney Airport.
The Fair Work Commission has rejected Chemist Warehouse's appeal of orders requiring it to negotiate a multi-employer agreement with its South Australian workforce under new bargaining laws.
Kmart has been hit with a class action on behalf of thousands of salaried managers who allege they were systematically underpaid.
Construction PRO
Martinus Rail has won access to some documents produced in a dispute with logistics company Qube over the Moorebank Intermodal Terminal project, despite claims by the logistics company that the material was privileged.