Industries

The Commonwealth Bank has urged the High Court to uphold a ruling rejecting shareholders' damages claims in two class actions, saying the decision correctly rejected their "conflation of materiality with loss".

Melbourne builder Cobild has filed a lawsuit against a developer arguing it must return a $497,000 bank guarantee under a contract to build a $50 million office complex.

Law firm Allens has opened the doors of its new Sydney office, joining two other large firms in making the jump to the city’s first skyscraper.

A judge has stayed a judgment under the Security of Payment Act, finding that “exceptional circumstances” were not needed to justify such an order in light of a recent judgment that issued a rare stay of a SOPA determination.

The Fair Work Commission has found a Sydney mother of two can come into the office one day a fortnight and work from home the rest of the time so that she can drop her kids off at school.

Apple will bring a “full-bodied” opposition to a bid to expand a class action over the running of its App Store, after a judge found the tech company engaged in anti-competitive conduct in the app marketplace last year. 

It ditched a planned $627 million union, now US drug maker Cosette must pay more than $13 million toward Mayne Pharma's costs of the legal fallout. Whether it owes the "substantial damages" Mayne is claiming is an issue for another day.

Finding the documents are not relevant to the dispute, a judge has refused access by Martinus Rail to Qube's agreements with other subcontractors working on Sydney's $4 billion Moorebank Intermodal Terminal.

A Potts Point hotel previously owned by former pub baron Jon Adgemis has reportedly been sold to hospitality group Oscars for $20 million.

The embattled construction union has a new administrator following the resignation of Mark Irving SC last month, an official "uncompromising" in the face of illegal conduct, the workplace umpire said Friday.