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The Tax Office has asked the High Court to reverse a landmark ruling that found an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, a decision that affects $50 billion in trust distributions.
Construction PRO
Hall & Wilcox faces a second suit by Hastie Group's liquidators, which calls for review of nearly $19 million in costs the law firm billed for advising the failed engineering company in litigation.
Construction PRO
Directors of engineering company Clough can't set eyes on evidence in support of a successful examination bid by Forge's liquidator, two months before trial in the liquidator's insider trading case.
Construction PRO
Developers Charter Hall and Investa have signed on HWL Ebsworth as another law firm tenant for its $800 million commercial tower at 360 Queen St in Brisbane, which is expected to open later this year.
After a spat over legal expenses in Bruce Lehrmann's defamation case, and a final agreement to accept $1.15 million from Ten to cover the costs, presenter Lisa Wilkinson has lost her bid for more costs.
A court has approved the discontinuance of two class actions against the Northern Territory government over its alleged failure to properly fund essential health and interpreting services in remote Indigenous communities.
The founders of carbon credit provider GreenCollar are set to face trial in a case by a company seeking to claw back profits from a business opportunity it says was diverted to other entities in breach of fiduciary duties.
On questioning by a judge, Star's former top lawyer has denied making a mistake by failing to tell the board about issues with junket Suncity in May 2018, but said her view was different now with hindsight.
A judge has found Max Twigg must compensate his mother and several family companies after selling bonds traceable to misappropriated funds, saying he and his company “misled the court” by not disclosing the sale.
The trustee for Active Super has been ordered to pay a $10.5 million penalty for misleading members about its investments in gambling, oil tar sands and Russian companies.