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Construction PRO
A judge has ordered Adina West Melbourne to pay $2.3 million to Trenerry's West End LandCo, including $1 million in unpaid rent, despite finding COVID-19 lockdowns were a force majeure event under the lease.
Meta has lost its latest bid to strike out the consumer regulator’s case alleging it failed to put up “reasonable safeguards” to prevent scam cryptocurrency ads on its Facebook platform.
Two failed shareholder class actions against Commonwealth Bank have been returned to a judge to decide if 'no transaction' claims can still be pursued, a move CBA argues is a way to keep alive cases that are “truly dead”.
Construction PRO
Builder Icon has taken insurers Chubb and Mitsui Sumimoto to court, arguing it is entitled to claim $21 million for the costs of rectifying Sydney's Opal Tower development.
Australia’s most-decorated soldier, Ben Roberts-Smith, has lost his bid for special leave from the High Court to appeal a judge’s findings that he committed war crimes in Afghanistan.
A class action over the Morrison government’s Robodebt scheme has settled for $548.5 million, the largest class action settlement in Australia’s history, on the back of damning revelations in a royal commission report released after the class action originally settled for $112 million.
Construction PRO
Mirvac has entered into a joint venture with Japanese developer Mitsubishi Estate to deliver a mixed-use precinct in Sydney’s Darling Harbour, estimated to have an end value of over $2 billion.
The shareholder leading a class action against failed fund manager Blue Sky Alternative Investments has lost a bid for a split trial it accepted was novel, despite arguing the usual course for trials in securities cases was "misconceived".
Uber wants the High Court to weigh in on its dispute with the NSW State Revenue Office over five years of payroll tax, after an appeals court found payments made to drivers were taxable.
Construction PRO
Ray White has secured a stay of examinations of its employees, as a creditor of FSM Development investigates claims the real estate agency's loan agreement with the collapsed Sydney developer was uncommercial.