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ASIC expands case against Resimac over hardship claim failures
The corporate regulator has expanded its case against Resimac that accuses the home loan manager of breaching its fairness obligations as a credit licensee towards customers who filed hardship applications.
ASIC ‘pessimistic’ about mediation in case over Keystone Shield reports
The corporate regulator has told a court it has little hope for success in mediation in its case over SQM Research's positive reports on the failed Shield fund.
Dubber can’t halt discovery in $26M negligence case against BDO
Software company Dubber has failed in a bid to stay its case against BDO Audit pending the outcome of ASIC's action against the auditor, with a judge ordering discovery to proceed before the litigation is put on ice.
Sydney sinking homes class action settles on eve of trial
A class action on behalf of Sydney homeowners who allege their homes are sinking into the ground has reached an in-principle settlement, two weeks out from trial. 
Construction PRO
Maxcon Developments director loses challenge to examination
A former director of defunct developer Maxcon Developments and his family members have lost a bid to set aside examination orders, with a judge rejecting their argument that the ATO was using the examinations as a “dry run” for other claims.
Construction PRO
Appeal succeeds over digital billboard on Grace Brothers building
A court will reconsider a development application for a digital billboard on a heritage-listed Sydney building, after finding that a commissioner relied on a superseded visual impact assessment report in refusing the application.
Keybridge directors deny board minutes about $4.75M CEO bonus a ‘concoction’
Three Keybridge Capital directors have rejected claims that board minutes documenting a $4.75 million bonus to former CEO Nicholas Bolton were a post-hoc "concoction”, saying they accurately reflected an agreement reached during a nine-minute meeting in 2023.
Cor Cordis loses fight over ex-managing partner’s fraud claims
Cor Cordis has lost its bid to strike out claims by the former chair of the insolvency firm that it "confected" reductions in work in progress to avoid paying his full retirement entitlements.
ASIC seeks penalties against adviser linked to First Guardian
The corporate regulator is seeking penalty and disqualification orders against a financial adviser whose businesses allegedly earned $37 million for spruiking the collapsed First Guardian fund, a court has heard.
Judge grills NT housing class action after applicant’s death
A judge has questioned counsel for a class action over public housing in the Northern Territory, grilling the barrister as to why the legal team had no contingency plan following the death of the lead applicant.