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A former cryptocurrency boss who faces a criminal investigation by ASIC is on the hook for a $10.3 million Bitcoin payout to a former employee, a court has found.
Construction PRO
Real estate investment firms Dexus and Ho-Group have convinced the valuer general of NSW to knock roughly $26 million off its initial valuation of a Sydney office sold by Ho-Group last year that was used in a land tax assessment.
A judge has declined to make orders blocking a general meeting of the members of Cryptai, a company with a significant shareholding in Sam Altman-backed Ai company Rain Neuromorphics, in order to consider a share sale.
The owner of a patent for software allowing users to download live television that is suing Foxtel for $12 million has been ordered to cough up $260,000 in security.
In their fight against oral subpoenas they say are fishing for broader grounds of appeal, counsel for two MinterEllison lawyers said on Tuesday that a silk acting for Ben Roberts-Smith should apologise for remarks in open court last week.
Two Suncorp units and insurer TAL Life have agreed to pay $34 million to settle a class action over allegedly worthless add-on insurance sold at car dealerships.
Construction PRO
Logistics company Qube wants the High Court to clarify the scope of an adjudicator's role in determining a contractor's payment claims under the SOP Act.
Construction PRO
A court has awarded only $100 in nominal damages to the owner of a $5 million industrial site in the ACT, despite finding there was cracking in a concrete slab covered by a warranty.
An investor class action against failed advisory firm Linchpin Capital has sought court approval of a $12.15 million settlement with insurer AIG, which will leave 176 group members to share in $7.2 million after deductions.
The ACCC has won court approval to bring claims against two companies in liquidation alleging they engaged in unconscionable and misleading conduct in the sale of printing cartridges and cleaning chemicals.