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High Court to rule on whether India can dodge $111.3M arbitral award
The High Court has agreed to review a ruling that found India was immune from a suit seeking to enforce a $111.3 million arbitral award because it did not involve a 'commercial' matter.
Australian Unity taken to court over $9.5M investment in risky mortgage fund
The Australian Securities and Investments Commission has launched action against Australian Unity, alleging it pumped more than $9.5 million into a risky mortgage scheme without properly vetting investors.
Settlement sum in Exactech class action revealed
Medical device maker Exactech will pay $8.7 million to end a class action that alleges its joint replacement implants were defective. 
Judge grills Arrium class action over potential switch from group costs order to CFO
A class action against KPMG and former Arrium directors wants to wait for the High Court's pending ruling on common fund orders before pulling the trigger on a group costs order, a request that earned a judge's grilling for what she described as a hunt for greener grass.
Construction PRO
Soul Patts, Brickworks merger shows capital markets ‘open and willing’, says KWM chair
Ashurst and King & Wood Mallesons are working behind the scenes on the proposed union of long-time partners Brickworks and investment house Washington H. Soul Pattinson, a merger that shows capital markets are ready to back big deals, one lead lawyer says.
Corrs picks up trade expert from Norton Rose Fulbright
Corrs Chambers Westgarth has recruited an arbitration and commercial partner from Norton Rose Fulbright to be the law firm's new head of trade.
Medibank’s bid to keep Deloitte reports from class action sent to Full Court
A judge has sent to the Full Federal Court Medibank’s fight to shield Deloitte reports into a data breach, raising concerns about how evidence from a solicitor and the health insurer's inhouse lawyer was previously treated. 
Construction PRO
Suitors pursue Fletcher Building’s construction business
Fletcher Building has confirmed it has received inquiries from prospective buyers of its businesses, including its construction division.
Shaw & Partners wins discovery for possible suit against advisor
A judge has granted Shaw & Partners' bid for preliminary discovery for a possible suit against an advisor that jumped ship to Solomons Wealth Management.
Construction PRO
MinterEllison advises Johns Lyng on Pacific Equity Partners’ buyout offer
Johns Lyng Group confirmed Wednesday it had received a takeover offer from Pacific Equity Partners for an undisclosed sum and has granted the private equity firm an exclusivity period to undergo due diligence.