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Trial pushed off in sprawling litigation over Greensill collapse
A judge has agreed to delay a trial by five months in a group of cases over supply chain finance company Greensill’s $1.7 billion collapse, over the vehement protests of the firm's administrator.
Judge wants more than ‘bland’ claim of defects in Hyundai, Kia class actions
Class actions against Hyundai and Kia say they need a third round of document discovery, two years into the cases, but a judge has said the applicants should first detail the alleged engine defects at issue.
Construction PRO
Dexus must sell stake in $1.7B shopping centre to Macquarie after failed appeal
An appeals court has rejected Dexus' challenge to a finding that it must sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail, saying its arguments contradicted the “evident commercial purpose” of the contracts at issue.
Construction PRO
LU Simon loses special case in Victoria’s combustible cladding action over Atlantis
An appeals court has sided with the state of Victoria on a crucial issue in its case against LU Simon Builders over alleged combustible cladding on Melbourne's Atlantis Towers.
Construction PRO
Collapsed Sharvain Facades owes $54M to Multiplex, Scentre, other creditors
Building façade company Sharvain, which went under last month, owes major builders $54 million, according to a judgment pushing out the date for a creditors meeting.
Construction PRO
Airservices to face ‘substantially expanded’ case by Perth Airport over PFAS
A judge has allowed Perth Airport to amend its case against sublessee Airservices over alleged groundwater contamination from the use of firefighting foam, finding that allowing the airport to describe PFAS chemicals as "potentially toxic" would not render the case ambiguous.
Firm, funder set to take half of AIG settlement in Linchpin class action
Details of a settlement with AIG in a class action by investors in failed Linchpin reveal the insurer has paid out all of a $10 million policy and will hand over another $2.15 million in interest and costs.
Funder’s CEO told female director to ‘make way for thrusting young bucks’, suit says
The CEO of litigation funder Woodsford told a female director to swallow her "pride and ego" and make way for a younger, male collague, a new lawsuit claims.
Westpac looks to shield Allens chronologies in AUSTRAC class action
Westpac is arguing timelines prepared by law firm Allens are privileged and should not be handed over in a shareholder class action over its alleged lax compliance with anti-money laundering laws.
Construction PRO
Victoria can’t set aside disclaimer on hazardous waste at rental property
The state of Victoria can't set aside a liquidator's disclaimer over hazardous waste in a property rented by collapsed marine safety flooring company Fordex, with a judge finding the landlord's rights over the property and waste were not terminated by the disclaimer.