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Noumi and auditor Deloitte will pay $43 million to resolve a class action alleging the company misled investors about its inventory, and the class action will make a play for a $5 million penalty agreed to in ASIC proceedings.
Claims of hurt and distress by former ABC presenter Antoinette Lattouf stemming from her dismissal are misdirected, the broadcaster has argued at trial.
Mitsubishi says an investigation into the fuel consumption of its Triton cars is protected by litigation privilege and should not be handed over to a class action.
Construction PRO
Crown has sued Lendlease and a host of other companies that signed off on the use of combustible cladding on the façade of the Metropol in Southbank, which it says resulted in two years of expensive rectification work.
Construction PRO
Callide Energy has failed in a courtroom bid to block the sale its partner's interest in the joint venture for the construction and operation of Queensland's Callide power station.
Ex-ABC chair Ita Buttrose sent an email suggesting Antoinette Lattouf be pulled off air following an email campaign by pro-Israel lawyers, a court has heard.
Construction PRO
Property group Oreana has sold its Kallo Town Centre development for $64.5 million to ASX-listed company Region Group.
Construction PRO
Commercial property firm DTZ Worldwide has lost its bid for $243 million in damages related to its acquisition of United Group from UGL Limited over United's alleged failure to disclose that a key contract was “loss-making”.
Construction PRO
Singapore real estate asset manager CapitaLand is still looking for an executive accused of stealing $2.7 million, eight months after securing freezing orders against him, a court has heard.
Construction PRO
A state parliament inquiry is underway into the supply of homes in regional Victoria amid a critical housing shortage.