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Leaders of Telegram ‘pump and dump’ scheme sentenced
Four people who operated an illegal 'pump and dump' scheme through the Telegram app have been convicted and sentenced to terms of imprisonment via intensive correction orders.
Blockchain mining firm NGS wound up for ‘blatant’ contraventions
A court has ordered the winding up of blockchain mining firm NGS Group and related companies, finding they operated in "blatant" violation of the Corporations Act.
TechnologyOne wins dismissal of long-running suit by former exec
After a years-long legal battle, a judge has thrown out an unfair dismissal suit by a former TechnologyOne executive, finding he was lawfully terminated for failing to adapt to the company's management structure.
Construction PRO
Australian Retirement Trust invests in Mirvac’s build-to-rent fund
Superannuation fund Australian Retirement Trust has acquired a 48.5 per cent interest in Mirvac's $1.7 billion build-to-rent fund.
Construction PRO
Ashurst boosts cross‑border projects team with partner hire from NRF
Ashurst has nabbed a partner from Norton Rose Fulbright to join its global projects and energy transition team.
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Developer Point Bay wins judge’s recusal from Global Capital case
A judge has recused herself from a case by liquidators for real estate investment firm Global Capital Property Fund against Point Bay Developments, after hearing the corporate regulator's application to wind up the fund.
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ACCC approves Coles supermarket lease acquisitions after divestment
The ACCC has given Coles the green light to acquire two leasehold interests to launch new supermarkets in Melbourne's rapidly developing west after the supermarket giant agreed to divest its ownership and interest in its Kororoit Town Centre site.
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Liquidators of collapsed developer FSM can’t access Ray White, KWM emails
The liquidators of a defunct developer FSM have lost their bid to access unredacted copies of emails between Ray White Capital and King & Wood Mallesons.
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Centuria Office REIT sells Chatswood building for $90M
Centuria Office REIT has sold an office building in Chatswood, NSW for $90 million to a private investor.
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Court finds loss on Spring Square project can’t be set off against $2.8M liability
A judge has rejected a bid by the director and general manager of an aluminium windows and doors company to set off a $2.6 million loss from a Spring Square project against a $2.8 million liability.