Most Recent
‘Life is short’: Judge urges Guy Sebastian, manager to resolve row
A judge has encouraged singer Guy Sebastian to resolve his long-running case against his former manager Titus Day, saying the parties should “move on in life”.
Victoria to pay $125M in hotel quarantine class action
Victoria will pay $125 million in a settement finalised on Monday in a class action over the state's COVID-19 hotel quarantine program.
Court orders Macquarie to pay $35M in ASIC’s short-sale reporting case
A court has ordered Macquarie Securities to pay an agreed $35 million penalty after finding that “serious deficiencies" in its reporting systems resulted in repeated failures to accurately report short sales.
Construction PRO
BGC’s Ventura Homes loses remedy order challenge over Iplex pipes
In a loss for builder Ventura Home Group, a Western Australia tribunal has found the state's building commissioner can issue a remedy order over the installation of alleged faulty pipes at a residential property.
Construction PRO
Next Constructions accuses ex-employee of $700,000 in secret profits
Sydney builder Next Constructions has accused a former employee and his wife of procuring $700,000 in secret profits by allegedly directing subcontractors to pay a company they controlled. 
Super fund that vetoed First Guardian can shield due diligence intel
Super fund HUB24, which rejected the now collapsed First Guardian fund as an investment for members, can protect its due diligence process from getting into the hands of rival Diversa, whose members weren't so lucky.
Judge ‘very, very unhappy’ with progress in Hyundai, Kia class actions
The judge overseeing class actions against Hyundai and Kia has taken the parties to task over lack of progress in the cases, calling them out for “paying lip service” to the obligation to proceed expeditiously. 
Construction PRO
Shangri-La director loses case against insurers over cladding liability
A director of collapsed builder Shangri-La Construction who was found personally liable for $3.2 million in rectification costs for combustible cladding in a Melbourne apartment complex has failed to pass on his costs to his insurers. 
Construction PRO
CapitaLand Ascendas REIT trustee not entitled to $1.4M rent guarantee: court
A court has excused the developer of a warehouse in greater western Sydney from paying a $1.38 million rent guarantee to CapitaLand Ascendas' REIT trustee Perpetual, finding it met its obligation to procure a tenant.
Construction PRO
High Court asked to weigh in on fight over defects at lux Sydney high-rise
The builder and the developer of Sydney's 'The Eliza' apartment building have sought special leave with the High Court after they lost their challenge to a referee report that found it was reasonable for the owners to block them from rectifying defects.