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Rex director admits liability in ASIC’s disclosure breach case
The former executive chairman at regional airline Rex has admitted ASIC’s claims that he misled investors about the company’s position and breached his directors duties and may give evidence for the corporate watchdog, a court has heard. 
Clock’s ticking for Rex directors as ASIC opens disclosure breach case
Four directors of regional airline Rex are set to decide this week whether they will remain silent in the face of allegations by the corporate regulator that they misled investors about the company’s financial position. 
Franchisee class action against United Petroleum locks down funding
A class action against United Petroleum by franchisees alleging they were forced to run loss-making Pie Face stores has found two funders to bankroll the case, one of which is based in Hong Kong.
Construction PRO
Norton Rose nabs infrastructure partner from Sidley Austin
Norton Rose Fulbright has appointed a partner from US firm Sidley Austin to join its Asia Pacific energy and infrastructure practice. 
Norton Rose Fulbright appoints corporate partner as Australia head
Global law firm Norton Rose Fulbright has appointed a new Australia head to succeed Alison Deitz, who has led the team since 2020.
Navy training class action hopeful of global settlement
A global settlement may now be within reach in a class action brought by Navy technicians over training contracts after a larger number of same group members' claims have been assessed, a court has heard. 
PMFresh directors accused of funnelling cash can’t retract admissions
Two former directors of food supplier PMFresh can't withdraw admissions in a case alleging they used company funds for personal benefit, despite a related police investigation.
Construction PRO
Judge calls for rules committee to settle issue of liquidator joinder bids
Granting a joinder bid in an unfair preferences case over the failure of carpentry firm Empryl, a judge has urged the Federal Court's rules committee to resolve a question hanging over liquidators seeking to bring proceedings against multiple defendants.
Judge calls for rules committee to resolve ‘procedural vulgarity’
A judge has urged the Federal Court's rules committee to settle a question hanging over liquidators seeking to bring unfair preferences proceedings against multiple defendants.
Construction PRO
Watpac wins payment fight with Natura developer Romeciti
Builder Watpac has won a battle with developer Romeciti over a final payment claim issued as part of an agreement to construct a $450 million luxury development in Sydney's Macquarie Park.