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Crown Resorts, ATO settle $396M dispute over botched US expansion
Crown Resorts has settled its feud with the Australian Taxation Office over a $396 million tax bill stemming from the acquisition of Las Vegas-based Cannery Casino Resorts as part of the company's failed North American expansion.
Vietnamese mining firm drops $132M arbitration award dispute with WorleyParsons unit
The operator of a Vietnamese mine has dropped its Federal Court proceedings against WorleyParsons subsidiary Jacobs E&C over the enforcement of a $132 million arbitration award.
Judge hands win to Starcom liquidator over insolvent trading period
Two former directors of collapsed business and IT solutions provider Starcom Group have failed in their attempt to toss a referee's report that found the company was insolvent 22 months before it was wound up.
Dispute over $183M solar arbitration award against Spain stayed
The Federal Court has stayed a lawsuit seeking to enforce a $183 million international arbitration award against the Kingdom of Spain over a solar farm investment while the country seeks to have the award annulled.
Ex-Reinventure partner must have independent valuer assess her claim to cut of $100M
The former partner of Westpac-backed venture capital firm Reinventure Group has been ordered to appoint an independent valuer to clarify the claimed loss against her former employer before the parties enter mediation.
Liquidator admits ‘significant deficiencies’ and agrees to 10-year ban
Veritas Advisory liquidator David Iannuzzi has admitted to "quite significant deficiencies" in his conduct as a liquidator and agreed to a 10-year ban from serving as an insolvency practitioner.
Ban on Instagram selfie with Kylie Jenner would intrude on ‘personal freedom’, judge says
A judge has refused to order the removal of a selfie photograph with model Kylie Jenner from the personal Instagram account of the former CEO of a trendy Australian sunglasses retailer, saying such an injunction would intrude on her “personal freedom”.
Spain to claim sovereign immunity in suit over $392M arbitration award
The Kingdom of Spain is contesting attempts to enforce two arbitration awards worth $392 million in the Federal Court, claiming sovereign immunity as it attempts to shut the proceedings down.
Botox alternatives likened to ‘iPhone accessories’ as trade mark trial kicks off
In its opening submissions in a trade mark case brought by Botox maker Allergan, Australian cosmetics brand Self Care compared its used of the word Botox to describe its alternative cosmetic products to the iPhone secondary accessories market, saying its use did not imply an affiliation with the injectable wrinkle treatment's maker.
WorleyParsons unit to contest $132M arbitration award in Vietnamese mining dispute
Engineering firm Jacobs E&C, which was acquired by WorleyParsons last year, has said it will resist an arbitration judgment of around $132 million handed down against it in March to the operator of a Vietnamese mine.