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JB Asset Management has clawed back $3 million from a scuttled real estate deal involving LBA Capital, almost a year after LBA’s director was jailed for fraud.
Automotive electronics company Directed Electronics has won a $168.5 million award after a judge found its former manager and South Korean giant Hanhwa engaged in a "reprehensible" trade secrets theft.
Automotive electronics company Directed Electronics has lost its bid to revive copyright claims against a form business partner who it pursued as part of litigation over a scheme by two former employees to misappropriate its trade secrets through a secret side agreement with South Korean giant Hanhwa.
Automotive electronics company Directed Electronics is set to claw back $3.27 million in commission payments made to a former manager through a secret side agreement with South Korean giant Hanhwa, with a ruling on damages still to come in the five-year case.
Automotive electronics company Directed Electronics has largely prevailed in a five-year-old lawsuit alleging a former manager misappropriated company information and reaped $3.6 million in commissions through a secret side agreement with South Korean giant Hanhwa.
Truck company Isuzu has asked a court to shut down an $18 million lawsuit by Directed Electronics alleging copyright infringement, arguing that its own cross-claims --which substantially overlap with allegations in a 2017 case that went to trial -- made it an abuse of process.
A Victoria Supreme Court judge hearing two competing class actions against Allianz Australia over "junk" insurance has asked the parties for feedback on what she should consider at a hearing on a request for a group costs order, which would allow the plaintiff lawyers to earn a cut of any settlement or judgment, the first such request made since Victoria legalised contingency fees.
Australian auto electronics company Directed Electronics is seeking at least $18 million from truck company Isuzu for allegedly breaching a contract for the supply of a new audio visual unit and aiding a former employee's alleged theft of company information.
Directed Electronics has slammed a decision by one of its former managers to switch lawyers in the middle of a trial over alleged corporate theft, saying the move had a "tactical flavour".