Most Recent
Construction PRO
Builder banned for five years after leaving 300 creditors out $94M
A former director of three construction companies that collapsed with debts of almost $94 million has been banned by the corporate watchdog from managing corporations for five years.
Goldstone denies shareholder oppression, blames ‘irretrievable breakdown’ in relationship
Private equity firm Goldstone has cited an "irretrievable breakdown" in the relationship between shareholders in seeking to appeal a ruling that found it liable for oppression.
ACCC won’t oppose Omnicom’s $21B acquisition of Interpublic
The ACCC will not oppose the Omnicom Group’s planned $21 billion acquisition of The Interpublic Group of Companies, with the regulator finding the transaction was not likely to substantially lessen competition.
Class action failure won’t stem tide of climate litigation, experts say
Legal experts say climate-related litigation will continue -- and even increase -- despite a judge's dismissal this week of a class action by Torres Strait Islanders alleging the government was negligent in failing to protect them from the harmful effects of climate change.
No need for new GCO in consolidated Insurance Australia class action: court
A judge has found that there is no need to revise the 27.5 per cent group costs order secured by Slater and Gordon following the consolidation of two class actions against Insurance Australia, despite the likelihood of a larger payout to the firm.  
You can’t have someone else’s day in court: Judge proposes solution to ‘litigious morass’
The legal watchdog’s latest case against the owners of a Melbourne law firm -- part of countless "collateral" proceedings between the parties -- should be fixed for a final hearing ASAP, a judge has said.
Construction PRO
Uncertainty for $500M waste-to-energy plant as ACCC frowns on Acciona bid
Receivers for the troubled $500 million East Rockingham waste-to-energy project may have to explore other options after the ACCC expressed competition concerns about Acciona's bid to acquire the project in Western Australia.
KPMG hits back at Phoslock shareholder class action
Auditor KPMG has hit back at a shareholder class action over water treatment business Phoslock’s alleged accounting irregularities, saying it should be completely relieved from paying damages since it acted honestly. 
ASIC opposes late evidence in novel case over CFDs
ASIC has opposed a bid by online investment platform eToro to rely on late expert evidence in the regulator’s first-ever action alleging breach of obligations in designing and selling financial products over high-risk contracts for difference.