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A judge has refused to make an injunction sought by ASIC against Ryzon Materials, finding the regulator is not entitled to constrain a "hypothetical" transaction while it awaits judgment in its case over the company's battery plant representations.
Trading platform Plus500 has taken its challenge to an investor class action to the High Court, after an appeals court upheld a finding that an arbitration clause in its terms and conditions was unfair.
A trade mark dispute between US singer Katy Perry and an Australian fashion designer is back in court for a fight on damages and injunctions, after the designer secured a win before the High Court in March.
Credit ratings agency Fitch has lost its bid for financial information about three Lloyd’s insurance syndicates which are providing after-the-event coverage in a class action over synthetic collateralised debt obligations.
The Full Court has rejected trading platform Plus500's bid to stay a class action by investors who lost money on highly leveraged contracts for difference in light of an arbitration clause in its terms and conditions, upholding a finding that the clause was an unfair contract term.
In their defences to a shareholder class action, Mineral Resources’ and founder Chris Ellison have denied that two payments totalling $3.8 million needed to be disclosed to the market as related party transactions.
A judge has allowed a mid-trial amendment in a shareholder class action over software company Nuix's 2020 public float on the ASX.
Nuix has blasted as defective and "exceptionally" late a proposed mid-trial amendment to the pleadings in a shareholder class action over the software firm's 2020 IPO.
Facing cross-examination in a shareholder class action over Nuix's allegedly misleading IPO prospectus, a senior Macquarie executive has testified that he was comforted by two US law firms' finding that there was nothing untrue in the document.
A shareholder class action against Nuix and underwriter Macquarie over the software company's float on the ASX has trimmed its case against the company's former chairman the third week into trial.