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Construction PRO
Abacus Storage Kings has rejected a $1.9 billion takeover offer from a consortium of Ki Corporation, the family office of South African businessman Nathan Kirsh, and New York Stock Exchange-listed Public Storage.
Construction PRO
Petrol giant Ampol has announced it is exiting the retail electricity market in Australia and New Zealand, divesting its assets to AGL and Meridian to direct its focus towards electric vehicle charging and renewable fuels.
The plaintiff in a flex commissions class action against ANZ has asked the court to approve a $85 million settlement, including a 24.5 per cent group costs order, citing the “considerable risk” involved in running the case.
Litigation funder Woodsford has responded to a former female director's sex and age discrimination lawsuit, denying the claims and seeking dismissal of the case.
A lawyer for the Australian Securities and Investments Commission has been grilled by a Federal Court judge for failing to file a defence in Clive Palmer's case against the corporate watchdog.
The High Court has rejected a special leave application by wealth guru Dominque Grubisa seeking to overturn a finding that she had actual knowledge that statements made by her company DG Institute to students who enrolled in her courses were misleading.
A judge has refused to allow four people to join a closed class action brought on behalf of certain people who were detained at two infamous immigration detention centres in South Australia.
Aviation company Corporate Air Charter is taking its fight over pilot pay up to the High Court, after twice losing its argument that stand-by duty should not be remunerated.
Ex-CFMEU Victorian branch boss John Setka has still not filed his defence in a case alleging he tried to get the former head of the construction industry watchdog sacked, and the Fair Work Ombudsman says it may seek summary judgment.
The failure of two class actions to prove loss linked to the Commonwealth Bank's disclosure breaches was not the fault of the bank, an appeals court has held in dealing the latest blow to shareholder group proceedings.