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Opal Tower engineer’s status as Icon subcontractor enough for class action indemnity, trial told
Opal Tower engineer WSP is battling insurers for builder Icon over coverage for the costs of a class action by residents, telling a court on Wednesday that Icon was liable for alleged structural defects in the building despite having subcontracted the structural design to WSP.
Trade mark reputation not relevant in deceptive similarity cases, High Court rules
The reputation of a registered trade mark and its owner is not relevant in assessing the deceptive similarity of a challenged mark, the High Court has found, clarifying the test for infringement under a section of the Trade Marks Act.
Opal Tower class members could do ‘simple arithmetic’, funder says in appeal of cuts to commission
The funder in the Opal Tower class action has appealed a judge's decision to slash its commission for not disclosing proposed deductions from the settlement sum as percentages, telling the Full Court that group members could do "simple arithmetic".
MACH Energy hits back at Tinkler’s fraud case, mounts strike-out bid
MACH Energy has hit back at a lawsuit by mining executive Nathan Tinkler's companies that alleges a former general manager misused confidential information to help MACH buy the lucrative Mount Pleasant coal mine.
Shareholder class action targets Fletcher Building for ‘misleading’ FY17 forecasts
Shareholders have brought a class action in Australia against New Zealand-based Fletcher Building, alleging the company failed to disclose material information relating to its construction division.
Ken Talbot’s widow wanted to ‘destroy’ law firm, court says
The wife of the late mining executive Ken Talbot wanted to "destroy" the law firm that advised her husband about his will, a court has found in awarding costs against the widow.
Insurer must indemnify church for historic sex abuse claims
Allianz must indemnify the Uniting Church for historic claims of sexual abuse that allegedly occurred up to four decades ago at the exclusive Sydney boys’ private school Knox Grammar, a judge has found.
Class action firm’s potential profit from Arrium case not relevant to security sum: judge
A judge overseeing a security dispute in a shareholder class action against KPMG and former directors of Arrium has found that potential profits to the plaintiff law firm running the case under a group costs order is not relevant to determining the quantum of security for costs.
7-Eleven loses appeal of $595,000 judgment for misleading franchisee
Convenience store giant 7-Eleven has lost its appeal of a $595,000 judgment handed down after a court found a franchisee signed a franchise agreement and invested almost $796,000 into a Melbourne store under false pretences.
ANZ hit with $10M penalty over $18.5B home loan program
ANZ has been hit with a $10 million penalty in a case brought by the Australian Securities and Investments Commission alleging the bank's home loan 'introducer' referral program breached credit laws.