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In loss for Haymarket builder, appeals court says new defect claims not new cause of action
Appeals 2023-04-17 10:25 pm By Sam Matthews

The builder of an allegedly defective Haymarket apartment building has lost an appeal of a decision which found that separate breaches of statutory building warranties do not create individual causes of action.

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In fight with ex-Orix CEO, Chubb can argue Coca-Cola Amatil knew nothing of alleged bribes
Insurance 2023-03-22 9:56 pm By Cindy Cameronne

Facing a claim to cover the legal costs of former Orix CEO John Carter under a D&O policy, Chubb has been given the green light to argue that Coca-Cola Amatil’s board had no knowledge of alleged secret bribes.

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Judge slashes Opal Tower funder’s cut of class action settlement
Class Actions 2022-11-28 11:35 pm By Cindy Cameronne

A judge has approved a confidential settlement in a class action on behalf of 383 apartment owners in Sydney’s Opal Tower but slashed the amount sought by the funder.

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Funder’s $13.2M cut is 26% of Opal Tower class action settlement
Class Actions 2022-11-11 11:00 pm By Cindy Cameronne

The litigation funder bankrolling a class action on behalf of 383 apartment owners in Sydney’s troubled Opal Tower is seeking a 26 per cent commission totalling $13.2 million of the confidential settlement sum, a court has heard. 

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Orix settles $18M case against CEO fired after arrest on bribery charges
Employment 2022-10-28 11:23 pm By Sam Matthews

The sacked boss of Orix Australia — who escaped charges of corruption three years ago — has settled a dispute with his former employer, including a claim by the fleet management company for $18 million in damages.

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Funder’s commission holding up Opal Tower class action settlement
Class Actions 2022-10-11 9:56 pm By Sam Matthews

A $13 million commission sought by the funder that bankrolled the Opal Tower class action is stalling settlement approval, as debate continues over whether the funder can recoup the costs of after-the-event insurance from group members.

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Ex-Orix boss drops fight over set-off defence
Employment 2022-09-16 11:52 pm By Christine Caulfield

The sacked CEO of Orix Australia has abandoned his challenge to a ruling allowing a set-off defence for the fleet management company in his case for unpaid leave entitlements and penalties.

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Inpex can call on $467M bank guarantee in battle with Daewoo over delayed floating gas facility
Energy & Natural Resources 2022-08-30 10:09 pm By Sam Matthews

A judge has ruled that oil company Inpex can call on a $467 million bank guarantee in its contract battle with Korean shipbuilder Daewoo over the contentious Ichthys LNG project off the coast of Western Australia.

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‘Alarming consequences’ if each building warranty breach creates new claim, court says
Construction 2022-08-26 11:27 pm By Sam Matthews

A judge has ruled that separate breaches of statutory building warranties do not create individual causes of action, in a win for an owners corporation bringing claims against the builder of an allegedly defective Haymarket apartment building.

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Ex-Orix boss appeals ruling allowing fleet company set-off defence
Employment 2022-08-18 11:32 pm By Christine Caulfield

The sacked boss of fleet management Orix Australia, who is seeking $1 million in unpaid leave, wants to challenge a decision allowing the company’s defence that anything it owes is set off by the losses the former CEO allegedly caused.

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