A joint venture which helped design the Melbourne Metro has filed a $50 million lawsuit claiming they were not given enough of a $1.37 billion payout promised by the state’s government to cover additional work.
AMP has taken the insurance arm of Willis Towers Watson to court to try to force it to stick to an alleged promise to rent two floors in a central Sydney commercial block that was made just before the start of the COVID-19 pandemic.
Software company DST Bluedoor has lost its bid to access communications between its former founding director and AMP in a $35.5 million lawsuit accusing the financial services company of inducing 11 DST employees to jump ship after licensing its online platform.
Struggling mining firm Griffin Coal has been ordered to pay $5.1 million to liquidators of a collapsed mining services company after a judge found it had breached a contractual term not to trade while insolvent.
Lendlease has taken two consultants and a designer to court to recoup $8.7 million it spent on replacing combustible cladding used on its $107 million EXO residential apartment block in Melbourne’s Docklands.
Insurers are misleading policyholders about class actions which seek compensation for those denied business interruption coverage for COVID-related shutdowns, a court has heard.
AMP has flagged a potential stay of a lawsuit filed by a Sydney-based financial planner against that overlaps with a class action brought by advisors alleging they suffered financial losses from changes in the company’s buyer of last resort policy.
Two former Honda dealers have won a bid for preliminary discovery against Honda Australia to pursue a potential consumer lawsuit over the car maker’s decision earlier this year to abandon a dealership model in Australia.
Oil and gas producer Santos has successfully challenged the summary dismissal of its claim for recovery of more than $470 million paid to contractor Fluor Corporation in overhead costs incurred after the estimated completion date of gas hubs in the Surat Basin.
A judge has issued a stern warning to litigation funders seeking to take a “gamble” on pending court proceedings, ruling they could be held liable for costs if their intervention proves critical to the advancement of the case.