Industries

A judge has dismissed a class action applicant’s claim that he was underpaid as a University of Sydney postgraduate student, but left for another day the question of whether the court should also make orders binding group members. 

Johns Lyng Group confirmed Wednesday it had received a takeover offer from Pacific Equity Partners for an undisclosed sum and has granted the private equity firm an exclusivity period to undergo due diligence.

The Valuer-General of Victoria has won a High Court appeal against developer WSTI Properties over a $2.9 million valuation for a heritage property in Melbourne, which centred on the meaning of an “improvement” to the land. 

Fletcher Building has confirmed it has received inquiries from prospective buyers of its businesses, including its construction division.

Entertainment giant EVT has put its landmark Sydney CBD Event Cinemas complex on the market.

Lendlease and tax advisory firm Greenwoods & Herbert Smith Freehills have reached a settlement in a case by solicitor and accountant Anthony Watson, which accused the builder of taking an "aggressive" position on its taxes.

The boss of defunct stockbroking firm BBY has been hit with criminal charges over the acquisition of $192 million shares in mining company Aquila Resources. 

An appeals court has dismissed the corporate regulator's "logically inconsistent" appeal against a landmark decision that found insurer Auto & General did not include an unfair term in its contracts.

A magistrate has cleared a Tasmanian jumping castle operator of criminal wrongdoing for her alleged role in a tragedy that killed six children in 2021, but a related class action against her and the state government will continue.