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KPMG has told a judge there is no evidence that Arrium's share price would have changed even if it had recorded a $2.8 billion impairment, urging the judge to reject the shareholder class action's "intuitive" case on loss.
Macquarie Capital has taken aim at the expert evidence of a shareholder class action over Nuix's IPO, saying it was "completely inadmissible" because the expert had answered legal questions that fell outside his expertise.
"Quite unsatisfactory", is how a judge has described a revived intellectual property dispute between German drug maker Merck KGaA and US drug company Merck Sharp & Dohme over the alleged use of the ‘Merck’ mark in Australia.
A software engineer for Sportsbet has faced cross-examination over the role of phone operators in placing bets for users of its Fast Code betting, in a class action trial that alleges the system was not a true telephone betting service.
Peabody Energy has paid $5 million to mine workers who were shortchanged, after the coal producer admitted it misunderstood employees' entitlements under the Award.
A former director of collapsed Melbourne-based over-the-counter derivatives broker Berndale Capital Securities will serve 23 months in prison after pleading guilty to misusing company funds, misconduct that ASIC called "egregious".
Construction PRO
AsheMorgan principal Michael Rothner has defeated a suit by a member of the Waterhouse horseracing dynasty over the $26 million sale of a Rose Bay mansion, with a judge finding Rothner did not breach the agreement by authorising the removal of trees on a neighbouring property to improve his harbour views.
Construction PRO
Fitout company Reward Group has lost its challenge to a payment claim adjudication by a subcontractor for refurbishment work on Sydney's luxury Sofitel Wentworth Hotel.
Construction PRO
A judge has refused to quash a SOPA adjudication in favour of SD Civil Engineering against a developer for work on the Hills Hub project in the north west Sydney suburb of Rouse Hill.
Construction PRO
Mallesons-represented Quinbrook Infrastructure Partners has obtained financing for the next stage of the Supernode battery energy storage system project in Queensland.