Most Recent
Phoslock class action wins access to FTI, KPMG reports
A shareholder class action has won access to reports by FTI Consulting and KPMG that were commissioned by water remediation company Phoslock, with a judge finding they were not created for the dominant purpose of providing legal advice.
Robodebt class action judge OKs record $550M settlement, halves funder payout
A judge has approved a $550 million settlement in a class action over the Morrison government’s Robodebt scheme but has halved a funder’s payout to $35 million, despite arguments that it was unprecedented to award a single digit percentage commission. 
Construction PRO
Injunction bid shot down against Southern Cross Gold tunnel
A judge has declined to grant an injunction to stop Southern Cross Gold unit Clonbinane Goldfield from commencing works on its Sunday Creek exploration tunnel project until a challenge to the government’s approval is resolved.
ASIC scolded for ‘unconstrained appeal’ in failed life insurance case
A judge has sounded the alarm bell about regulators launching appeals to re-litigate enforcement proceedings, in a recent decision tossing the corporate cop's appeal in a case against insurer HCF Life.
Construction PRO
Court says Land Valuation Act should be amended to clarify ‘urban purpose’
An appeals court has shot down a challenge to a valuation for the country’s largest solar farm and said the Land Valuation Act should be amended to clarify the definition of an ‘urban purpose.’
Construction PRO
Martinus Rail defeats appeal over $23M payment claim
An appeals court has upheld a finding that grain exporter Co-operative Bulk Handling responded too late to a $22.6 million payment claim from Martinus Rail, agreeing that the clock started ticking on a Saturday. 
Construction PRO
Builder can’t revise negligence claim in suit over Sydney Markets
A builder has lost its bid to amend a negligence claim in a dispute over a warehouse refurbishment contract in Sydney’s Homebush. 
Judge takes HSBC to task for late settlement with corporate cop
A judge has approved a $35 million penalty against HSBC in ASIC’s novel case over the bank's scam protection failures, despite questioning whether the punishment was severe enough given how long the case took to settle.
White Oak ordered to produce Sanjeev Gupta WhatsApp messages
US-based advisory firm White Oak, which has sued insurer IAL over the collapse of Greensill Capital, has been ordered to hand over WhatsApp messages between its former CEO and billionaire Sanjeev Gupta. 
Ex-Star CEO, GC hit with $1.1M in penalties for money laundering failures
A judge has ordered the former CEO and chief legal officer of Star to pay a combined $1.1 million in penalties for failing to act on "obvious" money laundering risks, but said the fines would have been higher had ASIC not struck a "generous" settlement with other directors.