The corporate cop has cancelled the financial services licence of MWL Financial and banned its director for 10 years for allegedly directing more than 750 clients to invest a combined $155 million into Keystone’s failed Shield Master Fund.
Orthopaedic surgeon Dr Munjed Al Muderis has appealed his loss in a defamation case against Fairfax and its owner Nine, after a judge found media reports of unethical and profit-driven promotion of an experimental procedure were substantially true.
Insurers Bond & Credit Company and Tokio Marine can’t eyeball advice given by Ashurst to lender White Oak in a dispute over the collapse of supply chain finance company Greensill.
An entity of construction giant Frasers is seeking summary dismissal of one of multiple cases by owners at a Sydney inner city high rise development over planter boxes that have allegedly detached or fallen to the street.
An appeals court has ordered a retrial in a franchisee’s suit against home building franchise operator GJ Gardner Homes over the failure to renew its agreement, finding a judge erred in interpreting a key clause in the contract.
The CEO of Melbourne builder Vansan Construction has persuaded a court to quash a $2 million default judgment won by SK Developments.
French renewable energy company TagEnergy has scooped up Australian renewables developer ACE Power, acquiring a portfolio of 6GW battery, wind and solar projects.
Global law firm HFW has lured a Jones Day partner to join its construction disputes business in Singapore, with the firm more than doubling its global construction team since the last financial year.
Nuix is on the hook for $20 million before its insurers will cover its legal bills for suits over its $1.8 billion float, with a judge saying there was a good reason for the significant retention given the “notorious” expense of securities class actions.
The Transport Workers Union and a judge have debated how much of a $90 million penalty handed to Qantas should be given to 1,820 workers who were unlawfully outsourced during the COVID-19 pandemic.