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Construction PRO
High Court appeal on cards in Dexus, APAC row amid sale worth ‘many billions’
A fight over the sale of Dexus' shares in Melbourne Airport operator APAC “may well” go to the High Court, a judge said Friday, as the infrastructure asset manager tells the court the sale may be in the “many billions of dollars".
Construction PRO
Dexus fights $40M legal bill that includes late night Uber Eats
Dexus is challenging the costs claimed by its opponents in a case over the sale of shares in Melbourne Airport operator APAC, calling out billed items that include after hours Uber Eats charges. 
KPMG partner defends Arrium audits ahead of $4B collapse
A KPMG partner who resigned in the wake of the firm's leaks scandal in May has defended his auditing of now defunct steelmaker Arrium, telling a court that inconsistencies were resolved through talks with management.
ACCC wins ‘subscriptions trap’ suit against eHarmony
In a win for the ACCC, a judge has found online dating site eHarmony misled consumers about automatic subscription renewals and its free plan, which the judge found imposed restrictions that were incompatible with the idea of 'dating'. 
Arrium ex-chairman denies $400K share purchase to show ‘brave face’
The former chairman of collapsed Arrium has denied that his purchase of 750,000 shares was aimed at showing confidence in the company, attributing his purchase to a personal policy. 
Sacked CEO Paul Guerra sues Melbourne Football Club
Sacked Melbourne Football Club CEO Paul Guerra has launched unfair dismissal proceedings against the club and its president Steven Smith.
Arrium director failed to test crucial iron ore forecasts, trial told
A director of defunct Arrium has told a court he didn't believe it was necessary to revisit the steelmaker's iron ore price assumption before approving the company's 2014 accounts, even after the price fell significantly.
Arrium CEO denies forecasts based on rosy assumptions
On his fourth day giving evidence in a shareholder class action trial, Arrium’s former CEO has denied that the company relied on overly optimistic assumptions when making forecasts about its business, despite a history of missed targets.
AGL wins appeal of $25M penalty in AER case
The Australian Energy Regulator must repay AGL a $25 million penalty secured by the watchdog in a Federal Court case, after the power company prevailed on appeal.
Arrium CEO denies that steel recovery was a ‘pipe dream’
Collapsed steelmaker Arrium's former chief executive has testified during a shareholder class action trial that a five-year business plan projecting a 'V-shaped' turnaround was not an unrealistic pipe dream.