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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 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.
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.
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.
Construction PRO
A judge has dismissed a case brought by a sand importer against the Port Authority of NSW seeking to recoup alleged lost profits and reliance damages falling from a lease agreement for a multi-user facility in the Sydney harbour.
Construction PRO
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
A court has extended urgent freezing orders against the developers of the $133 million Babylon Apartments in the north-west Sydney suburb of Rouse Hill, in a dispute over a builder's payment debt.
The Full Federal Court has shot down billionaire Clive Palmer's bid to revive misconduct claims against former ASIC chair James Shipton, calling his case "little more than houses of cards".
Counsel representing a class action on behalf of thousands of Aussie Home Loan customers has told a trial judge brokers "planted seeds" to convince customers they needed to take out worthless mortgage protection insurance.
A judge has ordered advice platform JustAnswer to pay $10 million in the consumer regulator's case over misleading claims about its subscription service.