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Gaming company Light & Wonder will pay $190 million to settle Aristocrat’s litigation in Australia and the United States alleging it misappropriated trade secrets in developing two poker machines.
A Dubai-based investor is seeking to vary "punitive" freezing orders won by a brokerage firm that claims he failed to repay a $10.7 million (US$7.2 million) debt over a "highly unusual" airport investment proposal.
Construction PRO
A Sydney developer who claims his solicitor provided faulty advice relating to a financing facility for a project that went into receivership has been granted access to documents from the lawyer.
A judge has ordered the administrator for two class actions over PFAS contamination that settled for $153 million to pay the leftover funds to group members rather than to charities, saying it was not appropriate “to go around making donations”.
Construction PRO
The developer of a luxury apartment complex in Sydney's CBD has fended off a stay application in a spat with the owners corporation, with a judge finding that it was not precluded from resolving their dispute through the courts.
The University of NSW has been hit with a $211,200 penalty after admitting to "systemic" underpayments of casual staff at its business school.
A former Holden dealer has lost a $9 million suit alleging General Motors misleadingly represented that it was “100% committed” to the line a few years before it decided to discontinue the brand.
Construction PRO
Builder Leda Constructions has lost its bid for injunctions that would prevent the principal in a $4 million building contract from calling on two bank guarantees worth $101,553 each.
Construction PRO
The owners corporation for an apartment complex in the Melbourne suburb of St Kilda has lost its adverse possession claim over a tennis court mostly located on adjoining land, with a judge finding their use of the property was subject to a lease.
A bid by the Victorian Liberal Party to summarily toss a challenge to a $1.5 million advance made to former leader John Pesutto for defence costs in a defamation suit has failed, with a court finding there is a case to be tried about the validity of the loan.