Small businesses that allegedly suffered losses from interference caused by the construction of Sydney’s $3 billion light rail will have to wait before receiving any damages while Transport for NSW appeals its loss in a class action over the project’s construction.
National Australia Bank has resolved trade mark proceedings brought against US budgeting app You Need A Budget, alleging the YNAB app, which helps users manage their finances, steps on its well-known trade mark and will confuse Australians.
PwC spin-off Scyne Advisory has lost its bid to temporarily bar a former partner from working at Downer EDI after a judge found the firm had reasonable prospects of success in its case but had inexplicably delayed bringing the proceedings.
A former EY partner facing ATO action for allegedly promoting tax exploitation schemes has lost a fight to shield their name from media reports of the case, but a temporary suppression order — which has been in place for half a year — will stay in effect for at least two more weeks while the partner contemplates a fresh appeal.
Telecommunications giant SingTel has lost its challenge a ruling in favour of the ATO’s decision to reject over $894,000 in tax deductions related to its $14.2 billion acquisition of Optus.
A judge will allow the erstwhile funder of a settled underpayments class action against recruitment agency Hays to argue it should be allowed to recover against group members who signed a funding agreement several years ago, but said the claim was “not worth spending a vast amount of money on” and warned the funder against turning the case into a “circus”.
ASIC has banned mining magnate Joseph ‘Diamond Joe’ Gutnick from managing corporations for four years because of his involvement in three companies that went under owing at least $43 million to creditors.
Government consulting firm Scyne Advisory has argued it is entitled to enforce a non-compete clause to stop a partner from jumping to competitor Downer EDI, citing concerns she will be setting up a competing business.
A judge has railed against the parties in a class action against Sydney-based plastic surgeon Daniel Lanzer and four of his associates for “repeated failure to comply with court orders” in the two-year-old case.
Labour hire company Hays Specialist Recruitment has agreed to pay up to $1.325 million to settle an employment class action on behalf of coal miners that has been on foot for five years.