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Class action firms reaping the benefits of contingency fees should brace for more high-dollar security for costs applications, on top of the reputational risks of having their finances aired in court, defence lawyers told Lawyerly.
Construction PRO
A judge has refused summary judgment in a $694 million suit by a company controlled by Chinese state-owned developer Beijing Capital Land against the director of developer Arden Group alleging it defaulted on loans linked to residential developments in Sydney and Brisbane.
Construction PRO
A developer has lost its bid for preliminary discovery for a possible case against the Dampier Bunbury Natural Gas Pipeline over representations made about pipeline upgrades needed for a proposed development in the town of North Dandalup.
Construction PRO
A judge has given the liquidators of Tahmoor Coal the green light to expand their case against Sanjeev Gupta's Clydesdale Engineering Limited to allege that an additional loan document and more than $28 million in payments were part of an alleged voidable transaction.
Construction PRO
A judge has found that new planning rules that make solar farm development applications more onerous in Queensland applied retrospectively to X-Elio’s proposed solar project in the Western Downs region.
Construction PRO
A judge has pushed off the hearing of an urgent application filed overnight against the NSW government to halt a brumby cull at the Yuraygir National Park, after the state did not appear at a 1 am hearing.
Private equity firm Potentia Capital has accused the founder of software company Soprano Design of shareholder oppression, claiming he prevented Soprano's former CEO from performing his role, leading to his resignation four months into the job.
Former NSW One Nation leader Mark Latham has avoided a referral for contempt after he griped on social media in response to a tribunal decision in favour of Sydney MP Alex Greenwich.
The corporate cop is challenging a decision that tossed its breach of duty claims against three Regional Express board members over the company's continuous disclosure failures.
Construction PRO
Lifestyle Communities has lost its appeal after a tribunal found that exit fees charged to departing residents were void, with an appeals court saying a tenant must be able to calculate how much they will be charged.