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Construction PRO
An iProsperity director must pay $5.3 million to ZACD for his conduct in convincing the Singapore-based real estate investment firm to cough up $37.5 million for its $300 million purchase of the AccorInvest hotels portfolio.
A former principal at law firm BlackBay accused of taking confidential client information to launch a rival law firm has lost his bid to file a new defence, with a judge calling the new pleadings "confused".
Slater & Gordon has lost its bid to summarily dismiss a negligence suit by a former human resources executive who claims she was wrongfully accused of sending a firm-wide email containing sensitive salary data.
The AFL has won its bid to strike out occupational health and safety claims from a class action over its concussion management practices.
Construction PRO
Lendlease has lost its appeal of a ruling that shot down its bid to enforce a $120 million purchase agreement for five plots of land in Campbelltown against a company controlled by the Macarthur-Onslow family.
Former Liberal staffer Bruce Lehrmann has lost his challenge to a finding that that he raped colleague Brittany Higgins, with an appeals court going further in finding Lehrmann was not just recklessly indifferent to Higgins' consent, but knew she was not consenting and "proceeded nonetheless”.
Construction PRO
Grand Ridge Plantations has lost an appeal seeking to halve the official valuation of its Gippsland timber forest, with a court finding that the trees on the land must be included in its assessed value.
A judge has ordered that a $5 million penalty ASIC won against Noumi be made available for distribution to group members in a class action against the food giant, on top of a $43 million settlement.
Sydney Trains has reached an in-principle agreement to settle a class action by operations staff alleging a “systemic pattern” of underpayments and overwork.
Former PriceWaterhouseCoopers chief executive Tom Seymour has been fined $15,000 and suspended as a chartered accountant, shortly after he was banned from acting as a tax agent over the firm's tax leaks scandal.