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Two class actions against Commonwealth Bank have partially succeeded on appeal, with a finding that the bank breached its continuous disclosure obligations, but damages still elude shareholders.
Construction PRO
Parkview Constructions is seeking to bring negligence claims against Bates Smart and McKenzie Group in a lawsuit over alleged combustible cladding at Australia Towers in Sydney Olympic Park.
Construction PRO
A developer seeking to redevelop the site of the Hyde Park Inn has lost its bid for an extra 15 months to pay up over $95 million to the NSW branch of the RSL to settle the purchase, but a judge has handed it a win in the process for determining the final price tag for the deal.
Construction PRO
The owners corporation of a 98-unit Parklea development by defunct builder Dyldam Developments has failed in its attempt to claim insurance for building defects in a property completed 17 years ago, with a court finding that time was up.
A judge has lifted a five-year stay imposed on two cases brought against individual gynaecologists by group members in a resolved class action against Johnson & Johnson over allegedly defective pelvic mesh implants.
Generic drug maker Sandoz wants to shield information turned up by preliminary discovery orders from the eyes of Amgen patent attorneys in a spat over cheap versions of Amgen's bone disease drugs, and says if they view the material they should be barred from prosecuting future related patents.
Construction PRO
A hearing has gone ahead in a dispute over an aborted $30 million property dispute, with a judge rejecting Aintree Major Town Shopping Centre's bid to vacate because of its “manifestly inadequate" preparation.
Dairy company Fonterra is reportedly challenging a court's refusal to give it certainty over lucrative licence agreements with Bega Cheese as it pursues a sale of its Australian business.
Construction PRO
Developer VSD Investments has failed in its novel argument for keeping Builtcom from the proceeds of a successful $8.5 million payment claim for work on a Sydney project.