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FSM liquidators sue Ray White, Mallesons after losing bid for emails
Defunct developer FSM must hand over transcripts of examination proceedings by its liquidators in a new case against Ray White Capital, Mallesons and others after the liquidators lost their bid for unreacted emails related to financing for an Ashfield development. 
Aristocrat’s gaming patent win stands after High Court denies special leave
Aristocrat has fended off the Commissioner of Patents' challenge to a finding that its Lightning Link poker machine is capable of being patented, with the High Court declining to weigh in on the patent for a second time. 
Noumi, Deloitte to pay $43M to settle shareholder class action
Noumi and auditor Deloitte will pay $43 million to resolve a class action alleging the company misled investors about its inventory, and the class action will make a play for a $5 million penalty agreed to in ASIC proceedings.
Clyde & Co sued by liquidator of collapsed hotel quarantine security firm
The liquidator of a security firm that collapsed after being sued over Victoria's hotel quarantine debacle has taken the firm's former lawyers, Clyde & Co, to court.
Payday lenders Cigno, BSF appeal loss in ASIC case
Payday lenders Cigno and BSF Solutions have appealed a decision that found they provided credit without a licence, and rejected the claim that their loan model is analogous to buy now, pay later arrangements that don’t require a licence.
Nine to pay Euro Pacific Bank chief $550,000 in defamation settlement
Nine has agreed to pay Euro Pacific CEO Peter Schiff $550,000 to settle a defamation suit brought over a 60 Minutes report on an international tax evasion investigation, avoiding a contested hearing on the damages bill in the case.
India may take ruling over foreign state immunity waiver to High Court
The government of India has flagged a possible special leave application if it loses its appeal of a decision finding it can't avoid a $111.3 million arbitral award in a dispute with three Mauritian companies that invested in Indian satellites because it waived its foreign state immunity.
Norovirus class action faces ‘lurking’ stay issue
After surviving multiple strike-out bids, a class action against Carnival over norovirus outbreaks on its Sun Princess cruise ship is still facing a “lurking" issue about a potential stay in relation to the claims of a subset of group members.
Slew of insurers targeted in Virgin bond holders class action
A class action accusing Virgin Australia of failing to disclose its true financial position in a 2019 prospectus for a $324 million capital raising is seeking to join a slew of the airline's insurers to the case.
BCC loses appeal over $8M trade credit policy to Phoenix financier
Insurer Bond & Credit Company has lost its appeal of a decision ordering it to indemnify an Australian non-bank lender that provided $8 million in trade finance to companies in Phoenix Group shortly before its collapse.