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Court tosses appeal over botched $1.4B Babcock & Brown acquisition
A private investment fund has failed again in its bid for damages from collapsed global advisory firm Babcock & Brown over a botched $1.4B acquisition of a US-based laundry equipment provider.
Aurora Funds loses challenge to ruling over soured Molopo Energy takeover
A court has upheld two decisions by the Australian Government Takeovers Panel that a bid by asset manager Aurora Funds Management to replace Molopo Energy's directors was made in "unacceptable circumstances".
Spain appeals $375M ruling in arbitration spat over energy investments
The Kingdom of Spain is keeping up its fight against the enforcement of two arbitration awards putting it on the hook for paying two investment companies $375 million.
Spain ordered to pay $375M in arbitration dispute
The Kingdom of Spain must pay $375 million after it failed in its bid to claim sovereign immunity from the enforcement of two foreign arbitration awards related to renewable energy investments.
Ashurst partner’s appeal flops in Point Piper property spat with ex-judge
An Ashurst partner that argued a judge was "confused" when he decided to appoint liquidators to his luxury Point Piper home in a dispute with an ex-judge neighbour has lost his challenge to the ruling.
‘Only I get to use Latin’: Unconscionable conduct claim is in, ‘inter alia’ is out in Suncorp class action
The judge overseeing a conflicted remuneration class action against Suncorp has allowed the class to bring an unconscionable conduct claim, but put the kibosh on the plaintiff's use of the phrase 'inter alia,' saying "only I get to use Latin".
Judge allows hindsight evidence in lawsuit over Metal Storm’s collapse
A US institutional investor can use hindsight evidence in its breach of contract case against a former ANZ Bank trustee over the winding up of failed defence tech firm Metal Storm.
Ashurst partner slams ruling from ‘confused’ judge in dispute with ex-judge neighbour
A partner at Big Six firm Ashurst has challenged a NSW Supreme Court decision appointing liquidators to his Point Piper home in a protracted dispute with an ex-judge neighbour, saying the judge was confused and made an order which was an "affront to our system of adversarial justice".
Judge dismisses Ashurst partner’s dispute with ex-judge neighbour as ‘bordering on irrational’
A partner at Big Six firm Ashurst has lost his bid to stop liquidators taking control of his Point Piper home in a long-running dispute with his ex-judge neighbour, after parts of his case were dismissed as “bordering on irrational”.
Jardine Lloyd Thompson hit with second class action over excessive premiums
Insurance broker Jardine Lloyd Thompson is facing a second class action on behalf of local councils claiming it charged inflated premiums.