Gilbert + Tobin

Property listings giant Domain plans to attack the validity of a Deloitte report which was used to support competitor REA Group’s claim that it attracts the buyer for 9 in 10 homes sold, a court has heard.

Property listings giant Domain plans to attack the validity of a Deloitte report used to support competitor REA Group’s claim that it attracts the buyer for nine in 10 homes sold, a court has heard.

Facing cross-examination in a shareholder class action over Nuix's allegedly misleading IPO prospectus, a senior Macquarie executive has testified that he was comforted by two US law firms' finding that there was nothing untrue in the document. 

A shareholder class action against Nuix and underwriter Macquarie over the software company's float on the ASX has trimmed its case against the company's former chairman the third week into trial. 

A former Macquarie director has given evidence that it would have been "prudent" for Nuix to have reduced its sales forecast, as a shareholder class action hearing over the software company's float on the ASX enters its third week.

Super trustee REST Nominees has dodged indemnity costs but is still on the hook for paying a "cast of thousands" after losing a bid to temporarily block the sale of the Dexus bloc of shares in Melbourne Airport operator APAC.

Nuix's former boss Rod Vawdrey was almost ousted in 2019, a trial court heard Thursday, with a shareholder class action pointing to a board paper that referred to the software firm's “toxic, no-trust, fear-based culture”. 

An email from Nuix's former CFO that referred to financial results as “worse than terrible” was an attempt to push the sales team to meet targets, a trial court has heard in a class action alleging misleading market disclosures ahead of the software firm's $1.8 billion IPO. 

A failure by software firm Nuix to meet internal budgets ahead of its $1.8 billion IPO in 2020 was the result of “ambitious targets” to incentivise the company's sales staff, a court was told Tuesday.

A judge has declined to block a solicitor from representing that a new conveyancing firm, which aims to help real estate agents comply with AML/CTF obligations by holding property deposits, is operating an illegal business model.