Industries

The directors of defunct Sharvain Facades have won a bid to narrow the scope of documents they must produce in a case by Commercial Freight and Logisticsw, which claims an equitable lien over real estate.

The High Court has declined collapsed gold mine owner Kirkalocka's special leave bid seeking to challenge a finding that mining contractor Zenith had a security interest over a power plant in Western Australia 

A judge wrongly cited as the author of an AI-hallucinated judgment has struck out at the AI-assisted statement of claim filed by a self-represented litigant in a defamation case, saying the use of generative AI to prepare pleadings is “a practice that must be stopped”.

A judge has struck out builder CPB Contractor's “clearly untenable” claim against Transport for NSW for $63 million in delay costs for work on the Pacific Highway upgrade.

Phoslock Environmental Technologies, which has produced hundreds of thousands of documents to federal police as part of an investigation of the company's China operations, must hand over the bundle to a class action.

Open4Sale Global's directors have been penalised $2.6 million for breaching disclosure laws in raising money from investors, who were labelled "a bunch of idiots" by the company's boss.

French bank Societe Generale has been hit with a $3.88 million fine for allowing two clients to place suspicious orders on the electricity and wheat futures market, following an investigation by ASIC.

A GFG subsidiary has lost its cross-claim in a battle with OneSteel's administrators over infrastructure assets at South Australia's Whyalla port, which is used to export the state's iron ore.

In its largest ever investment, the federal government's Clean Energy Finance Corporation has pledged $2.8 billion for the Marinus Link project to build a second underwater cable between Victoria and Tasmania.

The liquidators of real estate investment company Global Capital Property Fund have expanded their suit alleging breaches of fiduciary duties in relation to a $50 million Queensland development, adding special purpose vehicles for several developments in Victoria.