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Construction PRO
A lawyer for ASIC has told a judge that $300 million in Shield Master Fund investments intended for property developments appear to have been diverted for other purposes.
The Office of the Australian Information Commissioner has found telco Optus failed to protect the data of customers whose personal information was listed in the White Pages after they sought an unlisted number.
Data centre operator AirTrunk has brought court action seeking documents from competitor Zerra DC as its mulls the launch of a possible intellectual property case.
A judge has said a funding agreement in a class action on behalf of former detainees of two South Australian immigration detention centres that has settled for $28 million should have been disclosed to the court.
The founders of AI data centre start-up Firmus Grid have been subpoenaed to give evidence in a dispute between former business partners Simon Raftery and Ben Madsen over $100 million in company shares, ahead of an expected $7 billion IPO.
Venture capital firm EVP has won court approval to pursue claims against bankrupt Strongroom AI founder and former director Christopher Durre.
Construction PRO
A court has dismissed a bid to temporarily block a deed of company arrangement for Halo Tower developer FT Sydney, after hearing an injunction might jeopardise a sale to Cbus Property, set to settle in July.
Construction PRO
The forced divestiture of Dexus' stake in airport operator APAC will proceed, after a court on Friday discharged injunctions temporarily blocking the sale amid a dispute over the disclosure of confidential information.
Construction PRO
Airport baggage handling company Alstef Australia is trying to halt Brisbane Airport Corporation from calling on $13.4 million in bank guarantees, in a dispute over a contract for works to upgrade the baggage system at the airport's domestic terminal.
A judge has found that online training provider RSA Express, which reaped $8 million from consumers who paid for courses they did not complete, made misleading representations that customers would only pay for courses after they passed.