Steel tycoon Sanjeev Gupta's Australian Infrabuild business has settled with the UK administrators of collapsed Greensill Capital in a dispute over $1 billion owed to the former supply chain finance firm, according to a Supreme Court of New South Wales proceeding on Monday.
Steel tycoon Sanjeev Gupta's Australian Infrabuild business has settled with the UK administrators of collapsed Greensill Capital in a dispute over $1 billion owed to the former supply chain finance firm, according to a Supreme Court of New South Wales proceeding on Monday.
Brambles Ltd on Monday rejected shareholder calls to settle the landmark class action via mediation and said that giving more shareholders the opportunity to join the litigation was premature pending an appeal against the Federal Court of Australia ruling that it unreasonably inflated financial forecasts.
The federal government introduced Tuesday mandatory AI safety controls, partly prompted by a "rogue" OpenAI agent infiltrating government systems earlier in 2026 and announced plans for a regulator that can hit AI companies with "significant penalties" while considering a new criminal offense for such incidents.
A Federal Court judge has refused to stay a proposed sale of Coutts Lawyers & Conveyancers while directors of the law firm fight over the sale following a breakdown in their business relationship, ruling the firm will be in a better position if it proceeds.
The former chief executive of David Jones is suing the ailing retailer in the Supreme Court of Victoria, alleging oppressive, prejudicial or discriminatory conduct and seeking a buyout of his shares at fair value.
Billionaire Clive Palmer asked the Federal Court of Australia on Tuesday to lift a stay on his lawsuit against ASIC, with his counsel saying he wanted to prove the regulator had unlawfully used its powers against him.
The Victorian Bar Association announced Mark Costello KC of New Chambers has been elected president, taking over from Fiona Ryan SC for the 2026-2027 term.
