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Construction PRO
A court has approved a deal under which collapsed TC Build Group will be joined as a plaintiff in action by construction company Alta Vale Residential to claw back $9.6 million allegedly owing for work on various projects.
The Full Court has rejected ASIC's appeal of a ruling that fintech Finder did not need a financial services licence to sell its defunct cryptocurrency product, saying the product did not involve a debt for money.
Westpac can shield reports prepared by Allens from a class action over money laundering compliance, with a judge finding they were produced predominantly in defence of AUSTRAC action that preceded the case.
Construction PRO
The NSW Independent Planning Commission failed to consider the local impact of climate change when approving the expansion and extension of MACH Energy’s Mount Pleasant coal mine, an appeals court has ruled.
A court has heard Sydney Trains has had "fruitful" discussions with the Rail, Tram and Bus Industry Union in a dispute over claims the train operator docked the pay of drivers who took part in protected industrial action.
A judge has said a $360 million settlement in a US class action could be relevant to deciding whether to vary a 25 per cent contingency fee in an Australian class action against Hino Motors, which settled for $87 million.
Five passengers who were forced off a Qatar Airways flight and strip searched at Doha International Airport have successfully appealed the summary dismissal of their case against the airline, with the Full Court finding key issues were not suited for summary determination.
A law firm is looking into a potential class action on behalf of investors who pumped $1 billion of their superannuation into two failed funds, amid fears by ASIC of "catastrophic" losses.
Construction PRO
A court has permanently stayed a case by a founding director of solar developer Sun Bred, saying that if the company was forced to defend the suit, there would be less than $71,000 left to meet the exec's $8.5 million claim.
A judge has called the conduct of proceedings concerning a service station business “atrocious” and dismissed the claim after it was on foot for six years.