Sydney pub baron Jon Adgemis has been declared bankrupt and his properties have been sequestered, with the Federal Court finding the former KPMG partner owes $1.8 billion to creditors.
St Hilliers unit Thornton Operations has won court approval for a $450 million plan to develop a mixed-use precinct that includes 526 homes, after reaching an agreement with the local council.
Super fund Cbus has made admissions in the corporate regulator’s case over long delays in the processing of $20 million in death and disability claims, with the action to progress directly to penalty.
A tribunal has recommended that lawyer and wealth guru Dominique Grubisa be struck from the roll of practitioners over conduct that included hiring a private investigator to look into another solicitor.
The Australian Financial Review has hit back at a defamation suit by the owner of Melbourne jazz venue Bird’s Basement over articles about a former employee’s now-discontinued suit, saying the articles were a fair report of public documents.
Shine Lawyers has come under fire from a judge, after the firm filed an application to materially vary a 24.5 per cent group costs order in a settled shareholder class action against EML Payments.
Air conditioning wholesaler Polyaire has been ordered to pay $15.2 million in damages in relation to a 2018 fire at a Seven Hills, NSW, factory complex it leased caused by its placement of wooden pallets in a open yard.
A judge has ordered the NSW government to pay $93,000 in damages to the lead plaintiff in a class action over police strip searches at music festivals, finding a “conspicuous deficiency” in the training of officers.
A judge did not need to recuse himself from deciding the penalty in ASIC’s case against Sunshine Loans because his earlier adverse credit findings — far from giving rise to bias concerns — were relevant to the task, the regulator has told the High Court.
Developer Robert Filippini is appealing a ruling that granted the liquidators for Keystone Asset Management’s expanded freezing orders of up to $158 million in assets as well as two family trusts and four luxury cars.