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Woolworths faced loss of status with Mastercard if it used EFTPOS, trial told
A trial judge has heard that Mastercard's top Australian executives discussed stripping Woolworths of strategic merchant status if the supermarket giant routed customer transactions through the cheaper EFTPOS network.
Construction PRO
‘Common and ordinary’ land use no excuse for interference, court says
An appeals court has found the owners of a cotton farm in Queensland are liable for causing nuisance to their neighbours after building a flood mitigation levee, despite the levee being a “common and ordinary” use of the land.
Ex-Neometals employee loses whistleblower appeal
The Full Court has tossed a former Neometals employee's appeal of his failed whistleblower case, finding the company did not believe he had made a protected disclosure when making him redundant despite the company conceding that the was "somebody who frequently raised issues".
PMFresh directors accused of funnelling cash can’t retract admissions
Two former directors of food supplier PMFresh can't withdraw admissions in a case alleging they used company funds for personal benefit, despite a related police investigation.
‘This is huge’: Mastercard’s anxiety about EFTPOS revealed at trial
Mastercard's Australia boss was anxious to sign a deal with Woolworths on payments processing after learning that Coles had chosen to route all debit transactions through the cheaper EFTPOS network, a court has heard.
Construction PRO
Lender wins suit over $39M financing for failed Hawthorn development
A judge has ruled that lender Monland can recover a $39 million debt against the director of a property developer whose Hawthorn project encountered “severe difficulties”.
Tahmoor Coal liquidators to bring case against Gupta’s Clydesdale Engineering
Liquidators for billionaire Sanjeev Gupta’s Tahmoor Coal are planning to bring a case against secured creditor Clydesdale Engineering, challenging its entitlement to be paid out during the liquidation. 
Construction PRO
Suit tossed over failed $20.7M deal for Adgemis’ Hotel Diplomat
A judge has tossed a suit seeking to recover a $1 million deposit on a $20.7 million agreement to purchase the former Jon Adgemis-owned Hotel Diplomat in Potts Point, after the deal fell through over concerns about mould and water ingress.
Construction PRO
Mallesons accused of aiding director’s duty breaches over Ray White loan
Collapsed developer FSM alleges Big Six firm Mallesons aided and abetted breaches of duty by its director, who allegedly entered into a refinancing agreement with Ray White Capital that included a 192 per cent interest rate.
Construction PRO
Owners of luxury Neutral Bay development secure quick $7.8M win
The owners corporation of a luxury apartment block in Sydney’s North Shore have been awarded $7.8 million in a summary judgment ruling after developer Lotus Fund failed to put on more than bare denials.