Events

A superintendent on a $25 million Melbourne project had no power to make an adjustment to a payment claim for purported cost overruns that left the builder owing more than the value of its claim, a judge has held.

The body corporates for beachfront blocks on the Gold Coast have failed in their bid to knock back two land valuations by a combined $28 million, with a Land Court member finding oceanfront land fetches a higher premium.

The applicant in one of four declassed COVID-19 business interruption class actions has reached a settlement under which it will receive $100,000 and the funder the backed the case will pay $1 million towards Insurance Australia's costs.

Dyldam Developments' former boss Sam Fayad and his two sons have been ordered to pay over $50 million in a case by the liquidator of a special purpose vehicle claiming company funds were misused.

Dairy distributor Australian Consolidated Milk has lodged proceedings against competitor Fonterra, alleging the cooperative encouraged suppliers to break their exclusive supply agreements by offering a better price.

Casino operator Crown has agreed to pay $73 million over two years to settle a shareholder class action accusing it of lax money laundering compliance, with solicitors set to take home $20 million.

A barrister who won a defamation case against Nine over an Instagram-famous cavoodle has lost her bid to appeal a ruling in a fight with her former solicitors over fees.

A judge has approved an $87 million settlement in a class action against Hino Motors, but says he needs to hear from a contradictor before greenlighting a law firm's 25 per cent contingency fee.

A judge has tossed an application for a contempt hearing against in-house lawyers, editors and journalists at Nine who allegedly breached suppression orders in a former ABC radio host’s unfair dismissal case.

Developer Dennis Family Corporation has been hit with class action by purchasers of apartment units in Brisbane who allege their contracts were wrongly terminated after the market value of neighbouring properties soared by 40 per cent.