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Construction PRO
A judge has sent a dispute between two companies over a residential development in Melbourne’s outer west to arbitration, finding that a signature binding the developer to the process was not forged.
A class action over the collapse of Arrium is bound to its pleading that the asset value of all the steelmaker's business units was impaired by a total of $2.8 billion, a judge has ruled in the second week of trial.
A failure by software firm Nuix to meet internal budgets ahead of its $1.8 billion IPO in 2020 was the result of “ambitious targets” to incentivise the company's sales staff, a court was told Tuesday.
Victorian Premier Ben Carroll has delayed a new law that would allow employees to work from home two days a week and make employers cover the reasonable costs of the arrangement after pushback from business.
A mid-trial fight has erupted in a class action over the collapse of steelmaker Arrium, with the company's auditor and directors saying the case had swerved, and the plaintiff accusing the respondents of "playing games".
A judge has found that Shine Lawyers breached its obligations to the court by extending the life of a void 2022 proceeding and then filing a new case over the same claim.
Construction PRO
Lawyers for LBJ Developments have told a judge that its joint venture partners on a development at the former Lilydale quarry breached their obligations by failing to honour a contractual right to tender for quarry filling works at the site.
A judge has slammed NAB for failing to comply with court orders in a negligence case against the bank, calling its actions "discourteous and unacceptable".
Construction PRO
The High Court has declined to review a ruling from the Victorian Court of Appeal that found domestic building insurance policies do not respond to when a defect arises, but rather to when loss or damage is suffered.
KPMG has told a judge there is no evidence that Arrium's share price would have changed even if it had recorded a $2.8 billion impairment, urging the judge to reject the shareholder class action's "intuitive" case on loss.