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Nuix failed to disclose disappointing results after $1.8B float, court told
Nuix had information in January 2021 which undermined the growth story presented to the market in the prospectus for its IPO, a court has heard on the first day of ASIC’s case against the tech company and a handful of former directors.
High Court won’t weigh in on spat between Probuild, Allianz over development bonds
Probuild Constructions has failed in its special leave application to the High Court, which sought to challenge a ruling that it held $7.7 million in trust for insurer Allianz under a deed of indemnity in connection with the development of West Side Place in Spencer St, Melbourne.
Ten told Wilkinson legal costs over $375,000 ‘unlikely to be reasonable’, court hears
Network Ten, which is resisting paying the legal bill for Lisa Wilkinson in defamation proceedings by accused rapist Bruce Lehrmann, has argued it is only on the hook for paying costs "reasonably incurred" by the presenter.
High Court grants special leave in Toyota class action
The High Court has agreed to weigh in on how damages for reduction in value should be calculated under the Australian Consumer Law, granted competing special leave applications in a class action against Toyota over defective diesel filters.
High Court takes up joint venture’s arbitration dispute with Chevron
The High Court will hear a $130 million case by two contractors on Chevron's Gorgon gas field project, which argue the Western Australia Court of Appeal was outside power to uphold a ruling that set aside an arbitration win.
Rival class action to be filed against KFC over rest breaks
A leading plaintiff law firm will file a competing class action against KFC before the end of the year alleging the fast food giant denied workers rest breaks, after Gordon Legal filed a group proceeding late last month, a court has heard.
Optus says ‘no precedent’ to compensate losses from outage
The CEO of Optus has denied it has to compensate small businesses who allegedly suffered losses during a nationwide outage that left over ten million customers without coverage or pay a penalty for 228 emergency calls to 000 that failed. 
Optus may appeal judgment on Deloitte data breach report
Optus is considering an appeal of a judgment allowing a class action to access a report from Deloitte into last year's major data breach, saying its release could raise national security concerns.
Union succeeds in excluding members from McDonald’s class action
A union has partially won a bid to exclude thousands of current and former members from a class action against McDonald’s, after losing a challenge that sought to ban all Fair Work group proceedings.
EFTPOS provider Tyro wins restraint of trade case against rival Lightspeed
EFTPOS provider Tyro has won a year-long injunction against an authorised representative that pushed competing payment system Lightspeed on its customers, in breach of a restraint of trade clause in their contract.