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ATO dealt major blow in $948M capital gains dispute with YTL Power
The tax commissioner has suffered a major loss in a dispute with Malaysian power company YTL Power over a $948 million capital gain from the sale of its stake in South Australia-based ElectraNet in 2022.
Oracle wins stay of dispute with ATO over royalty tax
Software giant Oracle has won its bid to stay a $252 million fight with ATO over royalties, with the Full Federal Court finding the cases would not provide guidance in 15 other software disputes about the operation of the royalty tax. 
Judge slams solicitors for ‘inordinately’ long submissions in Aurelius suit over $180M deal
German investment firm Aurelius can add new claims in a dispute with explosives company Orica over a $180 million acquisition, but a judge has called out solicitors for both sides for filing material of “inordinate length” on an application concerning well-established law. 
SkyCity Adelaide settles tax dispute with SA treasurer for $38.1M
SkyCity has agreed to settle its dispute with the Treasurer of South Australia over the treatment of electronic gaming credits after losing its High Court challenge in October. 
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Defunct landbanking scheme Aviation 3030 recovers $1.7M duty from director
The liquidators for landbanking company Aviation 3030 can recover half of a $3.4 million landholder duty from a former director, after a judge found they reaped benefits from indirect ownership in land sold for $135 million in 2018. 
High Court shoots down SkyCity Adelaide’s tax appeal
In a loss for Sky City Adelaide, the High Court has affirmed that electronic gaming credits should be taxed as revenue. putting it on the hook for an additional casino duty of $13.1 million. 
iProsperity liquidators can prioritise $62.5M claims against Crown, Star: Full Court
The former general manager of iProsperity has lost his challenge to the collapsed fund manager's liquidators getting more time to investigate $18 million in payments he received, with the Full Court finding they were not wrong to prioritise investigations into $62.5 million in payments to Crown and The Star.
ATO’s assessments for Mylan’s $1.4B Alphapharm acquisition ‘excessive’, court rules
The Australian unit of drug giant Mylan has triumphed in a dispute with Australian Taxation Office, with a judge finding the ATO's assessment for 2020 was "excessive" with respect to interest on loans to fund Mylan's $1.2 billion acquisition of generic drug maker Alphapharm.
Noumi can’t shield lawyer’s evidence in privilege claim over Ashurst, PwC docs
Noumi has largely lost its bid to shield from a class action parts of its inhouse counsel’s evidence supporting a privilege claim over 3,000 documents seen by Ashurst and PricewaterhouseCoopers during an investigation into the company's financial position.
Noumi class action judge questions ‘unusual’ privilege bid over docs seen by Ashurst, PwC
A judge has questioned an "unusual" bid by Noumi to shield over 3,000 documents, their titles and the identities of those who sent them to PricewaterhouseCoopers during a 2020 investigation into the food company's financial position.