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Fitch Ratings has lost its bid for summary dismissal of claims in a class action over allegedly rosy ratings for risky derivative financial products issued 17 years ago on the basis that they are time-barred.
An appeals court has dismissed a competition case by Mayfield Development against NSW Ports over agreements to privatise two ports, finding that derivative Crown immunity applied to the port authority.
Construction PRO
Logistics company Qube can't dodge a $71 million payment to subcontractor Martinus Rail, with an appeals court finding no error in an adjudicator's finding that Qube’s payment schedule was "incomprehensible".
Construction PRO
An ex-Greenwoods & Herbert Smith Freehills partner who claims he was sacked for complaining about client Lendlease's "aggressive tax position" is seeking pro-bono representation after losing his lawyers.
Construction PRO
Collapsed Sydney developer Dyldam has told a court that a liquidator's claim for breach of directors' duties is "hopeless" as the company was under a deed of company arrangement at the relevant time.
Australian gaming YouTuber Karl Jobst has been ordered to pay $350,000 in damages to US Donkey Kong champion Billy Mitchell over comments implying that he “hounded” another YouTuber to death.
A Sydney silk who has worked on several car defect class actions and represented Apple over claims it engaged in anti-competitive conduct in the app marketplace has been appointed to the NSW Court of Appeal.
In a loss for the ACCC, the High Court has found builder J Hutchinson did not arrive at an anti-competitive understanding with the CFMEU merely by yielding to a threat of industrial action.
Buy now, pay later giant Zip will ask the High Court to throw out a ruling that found it infringed mortgage provider Firstmac's 'Zip' trade mark and barred it from using the name in Australia.
A court has approved a $170 million settlement in a class action against Allianz, and has signed off on an order that gives the firms behind the case 25 per cent of the deal.