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A judge has refused to join the ATO as an interested party to a case over the receivership of investment platform Brite Advisors, after the receivers worried they could be on the hook for $75.4 million in capital gains tax.
Construction PRO
A group of investors have won a dispute against a Newcastle-based company over a foreclosure on a mortgage in relation to a Gold Coast which did not proceed.
A judge has declined car dealer software supplier Pentana's bid to withdraw admissions made over four years ago in a dispute with competitor Titan DMS.
Western Sydney University is facing a class action alleging it misled students into studying a health engineering degree that was unaccredited, on the heels of similar claims being leveled at the University of Newcastle.
Construction PRO
The liquidator for collapsed property developer Monarch Tower has lost its appeal seeking an extension of time to bring voidable transaction claims said to be worth $27 million against 13 individuals and companies.
A judge has ordered federal prosecutors to drop a criminal tax fraud case against a medical researcher, finding an ATO officer lied and tampered with evidence during the probe.
The Australian Securities and Investments Commission has approved Cboe’s application to list companies on its platform, in direct competition with market operators, including the Australian Securities Exchange.
Construction PRO
Engineering firm WSP may seek to permanently stay a new suit by Canberra builder Morris Construction that claims it should be on the hook for engineering and design failures by a subsidiary, the latest fight between the parties over a troubled Kingston development.
Construction PRO
Engineer Monadelphous has lost a fight that will affect its ability to run a limitations defence in a suit over alleged defects in a sewage plant upgrade on the Sunshine Coast.
A judge has questioned whether an investor in failed Banksia Securities can bring a case against a court-appointed receiver over his support for a class action settlement later found to involve deception by a team of lawyers.