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A shareholder class action against engineering services firm Worley has prevailed after a hard-fought battle over damages, in a major decision following two trips to the Full Federal Court.
Construction PRO
Dexus has lost its case over the validity of a default notice issued by Melbourne Aiport's operator, with a judge saying the real estate asset manager breached the company's confidentiality and "irrevocably undermined" its relationship with fellow shareholders.
Construction PRO
Heads may roll after a court on Friday rejected the evidence of key Dexus employees at trial over a breach of APAC's shareholder deed, in a ruling that revealed some insiders suspected the "embarassing blunder" would come back to bite.
Construction PRO
A judge has ordered that the names of the funders who backed unsuccessful proceedings over the failed Pentridge Village development in Melbourne be handed over.
An ASX statement from budget airline Rex that was optimistic about its 2023 profit prospects should have been corrected by April, ASIC has told a judge, disputing claims that the statement was not a forecast but merely an expression of what the board hoped for.
The eSafety Commissioner has struck back at Elon Musk-owned X Corp's claims that it should not have to comply with a new online safety standard when it is already subject to rules for social media companies.
US drug maker Cosette is appealing a judge’s decision not to disqualify himself from Mayne Pharma's lawsuit seeking damages over the termination of their $672 million if he is appointed to case manage the dispute.
ASIC is seeking a $1.3 million fine against Star’s former CEO Matthias Bekier and a $1.1 million fine against ex-general counsel Paula Martin for breaching their duties by failing to warn the casino operator's board about money laundering risks.
Popular Swiss sneaker company On Clouds has prevailed in its challenge to a trade mark by sustainable footwear brand Cyclonic.
Construction PRO
A judge has refused a developer's request to keep the details of a negligence suit against its former lawyers Bartier Perry under wraps, noting the potential "serious consequences" for law firms facing such claims.