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The applicants in a class action against Transport for NSW over the construction of the Sydney CBD light rail have lost their appeal of a ruling that ordered the government to pay just 65 per cent of their trial costs, which they claim amounts to a $5.4 million reduction.
A judge has restrained the receivers of Kimberley Pearl Tours from selling the key assets of the business, finding that the WA tourism company has a reasonably arguable case that they were appointed in bad faith to exert pressure on the company.
Former Keystone Asset Management director and developer Paul Chiodo will have to produce bank records for himself and family members, after a judge shot down his appeal of a ruling ordering production.
A judge has frozen a DOCA for failed mining company Mine & Rail's Australian business, the latest chapter in a dispute with US investor Tacora Capital, which has sued in the US alleging the company concealed its deteriorating financial position while securing more than US$30 million in funding.
Construction PRO
Dexus' decision to resist an undertaking as part of a deal to temporarily block the compulsory sale of its shares in airport operator APAC has been criticised by a judge for resulting in an "appalling waste" of time and money.
A hearing to replace the applicants in a class action over Sydney's $16 billion WestConnex project has been postponed a fourth time by an exasperated judge, who on Monday called out the absent litigation funder for being "grossly uncourteous".
Credit Suisse is fighting a bid for access to Deloitte reports commissioned by a Swiss law firm and advice from Linklaters, in litigation against insurers over the collapse of supply chain finance company Greensill Capital.
Construction PRO
Developer Emag Apartments has secured court approval for a nine-storey, 16-unit residential building just minutes from Sydney Airport after amending its proposal during a conciliation with Bayside Council.
A judge has ordered failed space start-up Equatorial Launch Australia to pay its former chief executive $2.4 million for breaching a commitment amount contract, despite the company now being in liquidation.
A judge has appointed receivers to defence contractor Lanmar following a dispute between its directors, two of whom relied in part on ChatGPT advice on how to remove a fellow director from involvement in the business.