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A judge has awarded private equity firm CPE Capital, formerly CHAMP, $96 million in a dispute over a profit sharing agreement that was part of a deal to provide $150 million in vendor finance to FX Group Holdings for shares in trading platform Pepperstone.
Human rights and press freedom activists want to intervene in a High Court case over copyright ownership in abattoir footage obtained by trespass, saying the broader public interest might be affected by the case.
The ACCC has narrowed the number of local sites in its sights as part of an assessment of Ampol's $1.1 billion acquisition of EG Australia, but the "metropolitan-wide" effects of the merger in four major cities are under the microscope.
Two victims of collapsed investment firm Courtenay House have won a case against the real estate agent who persuaded them to invest hundreds of thousands of dollars into the $180 million Ponzi scheme.
Construction PRO
Built has lost its lawsuit against the Victorian Correctional Infrastructure Partnership over a dispute resolution mechanism in a construction subcontract for upgrades to the Metropolitan Remand Centre.
Construction PRO
A court has backed the NSW Central Coast Council’s decision to block the construction of a 118-lot residential development, after the developer failed to adequately offset the impacts on the swift parrot and squirrel glider.
ASIC has filed proceedings against Auto & General, alleging tens of thousands of Budget Direct customers lost discounts they were promised and were overcharged premiums for several years.
A judge has approved a $13.5 million settlement in a class action against the director of collapsed sandalwood producer Quintis, but has reduced deductions sought by the plaintiff's lawyers and funder, and denied a payout to the funder of a competing case.
Trial was pushed off on Monday in NRL player Zac Lomax's contract spat with the Parramatta Eels, with the court hearing the parties are "very close" to resolving the dispute.
MinterEllison has expanded its private capital team, hiring two leveraged finance specialists from Gilbert + Tobin.