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Construction PRO
Activists win challenge to MACH’s Mount Pleasant coal mine expansion
The NSW Independent Planning Commission failed to consider the local impact of climate change when approving the expansion and extension of MACH Energy’s Mount Pleasant coal mine, an appeals court has ruled.
Conduct of case by litigants, solicitors in servo dispute ‘atrocious’, court says
A judge has called the conduct of proceedings concerning a service station business “atrocious” and dismissed the claim after it was on foot for six years.
Appeal filed in failed class action against EY, Quintis founder
The applicants in an unsuccessful class action against the founder of sandalwood producer Quintis and auditor EY is challenging the dismissal of his case -- the sixth shareholder class action to fail at trial.
Ord Minnett settles exec’s suit over $110K pay cut following ASIC penalty
Ord Minnett has resolved a suit by a former exec claiming he was sacked for complaining about a $110,000 pay cut imposed after ASIC slapped the wealth management firm with a $880,000 penalty for breaching market integrity rules.
Applicant to get $100K in declassed COVID-19 business interruption case
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.
Fonterra accused by ACM of inducing milk suppliers to break agreements
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.
Construction PRO
Dyldam directors on hook for $50M in case over alleged misuse of funds
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.
Construction PRO
$25M Kensington lofts developer loses payment claim fight with builder
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.
Construction PRO
Gold Coast land’s oceanfront views doom bid for $28M valuation cut
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.
Crown Resorts to pay $73M to settle shareholder class action
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.