Industries

The trustee for super fund Cbus has agreed to pay a $23.5 penalty after admitting liability in the corporate regulator's case over excessive delays in processing $20 million in death and disability claims.

The owner of Sydney developer Coronation Property has sued Fairfax for defamation over a Sydney Morning Herald story that allegedly linked him to arson attacks on two childcare centres and the home of YouTuber Jordan Shanks. 

A judge has approved a "modest" $8.7 million settlement in a class action against medical device maker Exactech over allegedly defective joint replacements, saying the settlement was fair and reasonable given the limited assets of the company, whose parent has filed for bankruptcy in the US.

The corporate cop has launched two new cases and sought approval to bring a third action over financial advice that led customers to sink hundreds of millions of dollars in retirement savings into the failed Shield and First Guardian investment funds.

Mayne Pharma has secured an extension of the deadline for securing Foreign Investment Review Board approval of its $672 million tie-up with US drug maker Cosette.

Airport operator APAC has won access to Q&A logs in a data room set up by shareholder Dexus for prospective buyers, in a dispute over whether the real estate asset manager breached a confidentiality deed.

A United Nations special rapporteur has sought to intervene in three Federal Court cases opposing the federal environment minister's decision to approve gas giant Woodside's North West Shelf extension.

Lendlease has secured $3 billion in new construction work in recent months, the company told investors on Friday.

NVIDIA-backed start-up Firmus has raised $500 million to drive the next stage of its $6 billion nationwide green AI infrastructure project, Project Southgate.

A judge has refused to make a personal costs order against the former lawyers for a Canberra developer who sued two owners corporations for trespass and was lumped with costs after the trial was adjourned.