An appeals court has rejected Keybridge CEO Nick Bolton’s challenge to a ruling that found that he and two other directors were validly removed at a board meeting, finding in favour of shareholder WAM Active.
The High Court has been asked to weigh in on whether issue and Anshun estoppel apply to SOP Act claims, with a South Australian wind farm seeking to overturn a ruling ordering it to make a $21 million progress payment to joint venture partners GE Renewable Energy and Elecnor.
Two class actions against Commonwealth Bank have partially succeeded on appeal, with a finding that the bank breached its continuous disclosure obligations, but damages still elude shareholders.
Resolving a split between courts, the High Court has confirmed that judges have power to make soft class closure orders, which require class action members to register before mediation to participate in any resulting settlement.
Dairy company Fonterra is reportedly challenging a court’s refusal to give it certainty over lucrative licence agreements with Bega Cheese as it pursues a sale of its Australian business.
A witness in the Ben Roberts-Smith case threatened to sue Nine and journalist Nick McKenzie, the Full Court has learned, as the former soldier seeks to reopen his appeal following the release of a secret recording of a conversation between McKenzie and the witness.
A court has allowed Ben Roberts-Smith to admit into evidence a secret recording of Nine journalist Nick McKenzie, as the former soldier makes a fresh bid to revive his failed defamation case.
Nine journalist Nick McKenzie was pressed during cross-examination on Thursday in Ben Roberts-Smith’s bid to re-open his defamation appeal on whether he has used deceptive methods or ‘subterfuge’ in his reporting.
Mayfield Development’s competition case against NSW Ports over agreements to privatise two ports has made it to the High Court, with the developer pressing its argument that derivative Crown immunity did not apply to the port authority.
In their fight against oral subpoenas they say are fishing for broader grounds of appeal, counsel for two MinterEllison lawyers said on Tuesday that a silk acting for Ben Roberts-Smith should apologise for remarks in open court last week.