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Construction PRO
An iProsperity director must pay $5.3 million to ZACD for his conduct in convincing the Singapore-based real estate investment firm to cough up $37.5 million for its $300 million purchase of the AccorInvest hotels portfolio.
Construction PRO
Canberra developer Geocon has won a Full Court appeal over the GST payable on $115 million in sales from a 360-unit development, with the case sent back to a tribunal for final determination.
A judge has ordered that a $5 million penalty ASIC won against Noumi be made available for distribution to group members in a class action against the food giant, on top of a $43 million settlement.
Special purpose liquidators have been appointed to failed clothing retailer Mosaic Brands, after a judge found a reasonable apprehension of bias arising from liquidator Vaughan Strawbridge's former link to Deloitte.
Car dealership software firm Pentana has accused competitor Titan of a "calculated, sustained and brazen" invasion of its rights, and argues cross-claims of misuse of market power are a distraction.
Construction PRO
Grand Ridge Plantations has lost an appeal seeking to halve the official valuation of its Gippsland timber forest, with a court finding that the trees on the land must be included in its assessed value.
The Full Federal Court has upheld a decision revoking Otsuka Pharmaceuticals’ patent extension for an injectable version of antipsychotic drug Abilify, finding the patent expired last year.
James Hardie is fighting a bid to amend a shareholder class action over the building materials giant's 2023 income forecasts, telling the court it doesn't understand the “new case”.
Nine wants indemnity costs against celebrity surgeon Munjed Al Muderis, claiming his defamation case over reports critical of his promotion of an experimental procedure, which the court found were substantially true, was an abuse of process.
A law firm that was set to argue that two firms formed an anti-competitive agreement in cooperating to run an ad tech class action against Google has dropped its appeal of its failed bid to run the representative case.