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Judge’s wife faces probe for forwarding client files to husband
The solicitor wife of South Australia Court of Appeal president Justice Mark Livesey is under investigation by the state's legal watchdog for forwarding client files to her husband.
Construction PRO
IFM prepared to mop up Dexus shares, take 45% stake in APAC, court told
Institutional asset manager IFM Investor was ready to sweep up Dexus' shares in Melbourne Airport operator APAC under a forced sale process triggered by a default notice for alleged confidentiality breaches, a court heard Tuesday.
Construction PRO
APAC chair denies being ‘disingenuous’ in removing HSFK’s Dexus remedy advice
The chair of airport operator APAC has admitted redacting advice from Herbert Smith Freehills Kramer to remove a suggested remedy for major shareholder Dexus' alleged breach of confidentiality, but denies she misled the board.
Construction PRO
Dexus GC admits omission of side letters with share bidders misled APAC
A top in-house lawyer at Dexus has told a court the real estate asset manager was using an altered form of a non-disclosure agreement with bidders of a portion of its APAC bloc of shares without the approval of the airport operator's co-owners.
ASIC bans two more advisers for Shield, First Guardian advice
ASIC is not letting up in its pursuit of financial advisors that spruiked the Shield Master Fund and First Guardian Master Fund, banning two more advisors on top of the seven bans it has already imposed.
Construction PRO
Trial in Dexus, APAC clash puts the lawyers in the hot seat
The court battle between APAC and major shareholder Dexus over the sale of an investor's stake in the airport operator went to a hearing this week, but it's the solicitors representing the warring parties that found themselves on trial.
Error costs Hino class action firm further cut to $87M settlement share
A self-disclosed error in modelling by the law firm that ran a class action against Hino Motors has cost the firm an even deeper cut to its payout than the $6 million lopped off its settlement share last year.
Construction PRO
Charter Hall locks down $1.2B property mandate from institutional client
Real estate investor Charter Hall Group has received a $1.2 billion diversified direct property mandate from an institutional client, increasing its assets under management.
BHP fails in same job, same pay appeal bid to High Court
The High Court has refused special leave to BHP in a case testing orders that it pay labour hire workers at its Queensland coal mines the same as its permanent employees.
High Court won’t hear Saudi Arabia embassy appeal in dismissal cases
The Royal Embassy of Saudi Arabia has failed in its bid for special leave to the High Court, after an appeals court found it couldn't escape unfair dismissal proceedings.