Events

Collapsed Melbourne developer Steller has failed to convince a court that its founders and two former directors owe $101.9 million, with a judge rejecting claims that they personally guaranteed the company’s debt.

An appeals court has found water infrastructure investor Conexa liable to pay land duty on a $46 million Sydney pipeline it acquired as part of a blockbuster deal with Rosehill.

An appeals court has tossed a challenge to a judge's decision that found a property developer was required to return a $1.3 million loan, despite finding the judge erred in holding enforceable an agreement reached over email.

A court has refused to order the applicant in a failed class action against NULIS Nominees to pay indemnity costs, but has confirmed that so-called Calderbank offers can operate in group proceedings.

In tossing the sixth securities class action to go to trial in recent years, a Federal Court judge has shown the task of proving shareholder loss is a doozy.

A Perth magistrate who wanted to sit solely on the Children’s Court has had her challenge knocked back again on appeal, with the Full Court finding court heads can allocate magistrates as necessary. 

Apartment owners at Sydney’s $2 billion One Central Park have sued Frasers Property over 1,750 planter boxes they say are detaching from the two towers and contain combustible material.

Mining giant Glencore has sued the operator of the Port of Newcastle over shipping fees, alleging it has been overcharged over $800,000 after the port authority disregarded a determination by the competition watchdog.

Although finding the former director of Quintis and its auditor, EY, engaged in misleading and deceptive conduct, a judge has dimissed a class action by the sandalwood producer's shareholders.

A judge is concerned that if he approves all payouts sought by lawyers and funders from a $13.5 million settlement in a class action against a Quintis director, group members will only he left with just 18 per cent.