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The receiver for a Falcon Capital fund under investigation by ASIC wants a role in selling director Simon Selimaj’s valuable artwork, including a $70,000 Albert Tucker painting, which is allegedly needed to cover legal fees.
Adelaide lawyer Jason Karas must pay $41 million to his former business partner and law firm after he was found to have covertly negotiated to sell the firm’s Hong Kong-based entity while in the throes of ending the partnership.
Construction PRO
Real estate fund manager Centuria Capital has acquired the management rights to 22 agricultural properties worth $444 million, expanding its portfolio in the sector to $1.3 billion.
Slater & Gordon has settled a lawsuit by its former HR head alleging she was axed after expressing concerns that the firm deliberately underpaid over $300,000 in leave entitlements.
In a copyright and competition fight with car dealer software company Pentana that heads to trial on Monday, Titan DMS says its rival is trying to bar it from helping customers overcome a practice of holding their data "hostage”.
Commercial real estate broker Cushman & Wakefield has filed a cross-claim in a former managing director's unfair dismissal case seeking repayment of a $1.5 million bonus.
Two teenagers have brought a High Court challenge to the government's ban on children under 16 using social media, arguing that it is unconstitutional because of its burden the freedom of political communication.
Construction PRO
The operator of the Snowy Mountains hydro-electric scheme has secured new partnerships with a South Australian wind farm and a Victorian battery storage facility.
An umpire has lost his unfair dismissal claim against the Australian Football League after he was accused of wrestling, man-handling and frog-marching a member of the public off the field.
ASIC wants a contempt ruling against the couple behind Gold Coast-based property developer ALAMMC Developments after they allegedly moved more than $500,000 out of frozen accounts and failed to disclose assets, including two racehorses, one of which is named 'Within the Law'.