Cindy Cameronne

The founders of AI data centre start-up Firmus Grid have been subpoenaed to give evidence in a dispute between former business partners Simon Raftery and Ben Madsen over $100 million in company shares, ahead of an expected $7 billion IPO.

A judge has rejected claims by a Neil Mansell unit that comments he made at a mention in February made it appear he had a “closed mind” in deciding a long-running dispute over a Sunshine Coast quarry. 

Clive Palmer’s Mineralogy has prevailed in an appeal as part of so-called mega litigation brought by CITIC over the $12 billion Sino Iron project in WA, with the court taking aim at both sides for the "intolerable" cost to the community of their endless dispute.

Insurer QBE has admitted liability in ASIC’s case alleging it made empty promises to over half a million customers on policy discounts, but a dispute over the size of the penalty remains.

A judge has questioned why unsecured creditors will not give a promise to pay damages as they seek to stop a DOCA for the Milligan-owned developer of the $1.8 billion Halo Tower from going ahead, which could allegedly cause $100 million in losses. 

An underpayments class action against Kmart on behalf of salaried managers will go back to the drawing board after a judge said the statement of claim was “bereft of detail”.

Preventing a DOCA for the Milligan-owned developer of the troubled $1.8 billion Halo Tower skyscraper in Sydney could cause $100 million in losses and jeopardise a sale to Cbus set to settle in July, a court has heard.

A judge overseeing ASIC’s case against the ASX over its CHESS replacement plan will allow remote evidence by the US-based director of a New York tech company, who allegedly gave the exchange an assurance about the project's timeline.

NSW Police has argued the lead plaintiff in a class action over strip searches at music festivals should only receive $33,000 in damages rather than $93,000 and is challenging a finding that the strip searches were done “as a matter of routine”.

Former Keystone Asset Management director Paul Chiodo has been ordered to produce books in his possession as well as bank account statements of family members, as he defends himself in a case over alleged misappropriated money.