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Blue Rock sues former exec who jumped ship to competitor
Melbourne accounting firm Blue Rock has taken its former associate director of accounting to court, claiming she breached her employment contract by making the jump to competitor Nexia.
High Court asked to find India can’t dodge $111.3M arbitral award
The High Court has been asked to overturn a ruling that found India was immune from a suit seeking to enforce a $111.3 million arbitral award because it did not involve a 'commercial' matter.
Webjet to pay $9M for misleading air travelers about bookings
Online flight bookings service Webjet has agreed to cop a $9 million penalty for misleading air travelers about prices and bookings, just months after the consumer cop took it to court.
Construction PRO
Steller Developments liquidator loses $102M suit against ex-directors
Collapsed Melbourne developer Steller has failed to convince a court that its founders and two former directors owe $101.9 million, with a judge rejecting claims that they personally guaranteed the company’s debt.
Construction PRO
Developers’ email agreement on $1.3M loan not binding: appeals court
An appeals court has tossed a challenge to a judge's decision that found a property developer was required to return a $1.3 million loan, despite finding the judge erred in holding enforceable an agreement reached over email.
NSW loses bid to strike out class action’s ‘amorphous’ exemplary damages claim
The NSW government has lost its bid to strike out paragraphs related to a claim for exemplary damages in a class action alleging police conducted strip searches at music festivals as a matter of routine.
Lundbeck, Sandoz end long-running Lexapro patent war
Pharmaceutical giant Lundbeck has resolved its battle with Novartis unit Sandoz over top-selling drug Lexapro, a battle that has raged for years and across multiple courts.
Construction PRO
Pipeline acquired by Conexa in $74.7M deal is taxable ‘land’: appeals court
An appeals court has found water infrastructure investor Conexa liable to pay land duty on a $46 million Sydney pipeline it acquired as part of a blockbuster deal with Rosehill.
Munich Re can bring fresh claims in $700M case against AMP
Munich Reinsurance has been given the OK to bring additional claims in its $696 million lawsuit, which accuses AMP of misleading or deceptive conduct over a quota share agreement.