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The owner of a patent for software allowing users to download live television that is suing Foxtel for $12 million has been ordered to cough up $260,000 in security.
An investor class action against failed advisory firm Linchpin Capital has sought court approval of a $12.15 million settlement with insurer AIG, which will leave 176 group members to share in $7.2 million after deductions.
The ACCC has won court approval to bring claims against two companies in liquidation alleging they engaged in unconscionable and misleading conduct in the sale of printing cartridges and cleaning chemicals.
Construction PRO
A South Australian wind farm developer has lost its appeal of ruling ordering it to make a $21 million progress payment to joint venture partners GE Renewable Energy and Elecnor.
Construction PRO
The owner of the Callide power station in Queensland, IG Power, has won court approval for a recapitalisation that will see major shareholder Sev.en inject millions to cover its debts.
A judge has criticised the approach McDonald's has taken to discovery in a rest breaks class action, noting that that despite having a team of 66 legal personnel working on the case, the fast food chain is still in default of court orders.
Construction PRO
A court has ordered builder Kuatro Build to pay concrete subcontractor Elite Formwork more than $500,000 in progress payments for work on a Sydney development, finding no error in an adjudicator's determination.
A judge has struck out a circular and confusing group definition in an emissions cheat class action against Mercedes-Benz, but has given the class action the chance to replead.
Court approval of a $50 million settlement in a class action against ANZ and superannuation trustee OnePath has been delayed, after 22,000 group members were excluded from an opt-out notice due to a problem with OnePath's computing process.
Construction PRO
A court has weighed in on the tax treatment of the proceeds of developed land, finding the landowner did not engage in business-like conduct such that his profits should be considered income.