Philip Crutchfield

Tossing a case by Tahmoor Coal's liquidators over a royalty deed that gave Glencore payments in perpetuity and impacted the company's sale price, an appeals court has found the deed was not unprofitable just because creditors might get a better return without it.

The liquidators of GFG Alliance's Tahmoor Coal have lost their appeal of a decision over a royalties deed in favour of former owner Glencore.

Lawyers for LBJ Developments have told a judge that its joint venture partners on a development at the former Lilydale quarry breached their obligations by failing to honour a contractual right to tender for quarry filling works at the site.

Electronics retailer Harvey Norman and consumer lender Latitude Finance have been socked with a total of $55 million in penalties for a misleading ad campaign seen by millions of Australians.

A developer can't expand its case against its partners on a residential development at the site of the Lilydale Quarry weeks out from trial, with a judge saying the new claims were brought too late and would unfairly prejudice the defendants. 

Developer LBJ wants to amend its case over a residential development at Victoria's Lilydale Quarry weeks out from trial, with its joint venture partner arguing the court should not base its decision on LBJ's argument that there could be a sinkhole at the site.

An employee of e-commerce merchandise importer New Aim wants the High Court to overturn a ruling that found he breached his duty of confidence by providing competitors with contact details of the company's suppliers, stored on WeChat on his personal phone.

ASIC says payday lenders Cigno, BSF and their directors should pay $150 million in penalties, arguing a judge should not have found they were entitled to a reduced $7 million in penalties because they had relied on legal advice from Piper Alderman.

The Full Court has found an employee of e-commerce merchandise importer New Aim breached his duty of confidence by providing contact details of the company's suppliers, stored on WeChat on his personal phone, to a competitor. 

A judge has slapped payday lenders BSF, Cigno and their directors with a combined $7 million in penalties for engaging in unlicensed credit activity, finding a lower penalty was appropriate given they had relied on legal advice from Piper Alderman.