Elanor Funds Management has recommended shareholders reject a $284 million unsolicited takeover bid by the Lederer Group, saying the price is “opportunistic” and materially undervalues the commercial property fund.
A court has rejected a bid by a Hazelwood power plant contractor to pursue an offsetting claim for an alleged breach of confidentiality in response to a $1.7 million demand from a subcontractor.
A judge hearing a class action over the collapse of mining company Cudeco has questioned why, despite an in-principle settlement being reached with auditor KPMG, the parties have not sought to formally dismiss the claim.
A judge has found bathroom products giant Reece did not validly end a decade-long warehouse lease after its own actions caused a delay in obtaining an occupation certificate.
The applicant in an employment class action against The Reject Shop is appealing a court decision that found it could amend the case and redefine the group members but not retroactively.
A judge has hit Qantas with a $90 million penalty for unlawfully outsourcing its ground crew staff during the COVID-19 pandemic, saying the airline was “the wrong kind of sorry”.
A judge has rejected claims that MinterEllison acted improperly towards a potential witness in a sexual harassment suit against the WA Department of Justice, saying the firm is entitled to make unsolicited contact with potential witnesses.
The corporate cop can revise its action against Gold Coast property developer ALAMMC to seek winding up orders after concerns have emerged about misuse of $70 million in investor funds.
Real estate asset manager Dexus wants information that the Asia Pacific Airport Corporation gave to several consultants in a court battle over allegations it breached a shareholder deed in selling a stake in the airport operator.
After more than a year on ice, two class actions against age care facilities over COVID-19 outbreaks are set to resume late this year, following a month-long criminal trial that kicks off next week.