The litigation funder behind a class action against engineering firm CIMIC took a $4.7 million hit to its commission from a settlement after a dispute with the plaintiff’s law firm, according to a decision published Friday.
A group of Australia’s leading beef and dairy companies has failed to strike-out a suit alleging their genetic testing system for cattle infringes the patent of a US genomics company, with a judge rejecting objections to the phrase ‘further or in the alternative’.
Advisory firm Perpetual has lost its bid for an injunction against a former senior advisor after 22 of his long-time clients tried to follow him to a rival firm.
Granting an appeal by native title holders, the High Court has found that a ‘connection’ with relevant land need not be demonstrated by physical acts.
Lendlease has vowed to appeal its failed bid to enforce a $120 million purchase agreement for five plots of land in Campbelltown, saying it could face a $100 million write-off if unsuccessful.
A class action brought by investors of failed advisory firm Linchpin has reached a settlement with insurer AIG — the last remaining defendant in the case.
A judge has approved a $45.25 million settlement in a shareholder class action against engineering firm CIMIC over disclosures relating to its Middle East business.
Paint maker AkzoNobel must produce a document history log that includes embedded comments from its lawyers at Clayton Utz, in a dispute over alleged defective coating used on the $45 billion Ichthys natural gas project.
A developer has won an extension of a freeze on $25 million held in escrow in its dispute with a builder over payment claims for a Main Beach high-rise, after it filed an appeal.
A failed class action against Queensland utilities Stanwell and CS Energy can’t delay payment of what might be in excess of $30 million in defence costs while it pursues an appeal, but has dodged a penalty for running a case the companies said was hopeless.