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The judgment in ASIC's case against Star's top executives and directors sounds a warning that board members need to proactively test information and serves as a "stark reminder" to general counsel that their duties are owed to the company, not management, experts tell Lawyerly.
The UK-based operator of Ladbrokes and Neds has hit back at a class action alleging its use of in-play fast code betting services was illegal, launching a counterclaim to claw back group members' winnings.
Delivering his findings on ASIC’s action against Star Entertainment executives on Thursday, Federal Court Justice Michael Lee remarked that the “self-congratulatory submissions" of former board members named in the case were "jarring”.
ASIC has had mixed success in a case against former Star directors and officers, with a judge finding the casino operator’s former CEO and GC breached their duties but that claims against the former board fell short.
A class action alleging Sportsbet provided unlawful in-play betting services says the bookmaker’s counterclaim seeking restitution of winnings faces "obvious problems", pointing to difficulties in binding group members.
Aristocrat has fended off the Commissioner of Patents' challenge to a finding that its Lightning Link poker machine is capable of being patented, with the High Court declining to weigh in on the patent for a second time.
Gaming company Light & Wonder will pay $190 million to settle Aristocrat’s litigation in Australia and the United States alleging it misappropriated trade secrets in developing two poker machines.
A judge has signed off on subpoenas compelling employees of gaming company Light & Wonder to give evidence in a US case by Aristocrat alleging misuse of confidential information about its popular Dragon Link poker machine.
SkyCity has lost its bid to dismiss a claim by a former employee who alleges he was discriminated against because he was a parent of a newborn child and dismissed because he made whistleblower reports.
Construction PRO
The NSW Civil and Administrative Tribunal has given the operator of the Ibis Sydney Airport hotel in Mascot another chance to seek a liquor licence, finding a deferred commencement condition did not mean a development consent was not 'in force'.