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Babcock & Brown liquidator settles all remaining shareholder claims
Restructuring & Insolvency 2025-09-26 11:23 pm By Cindy Cameronne

A judge has signed of on a settlement struck by the liquidator for failed financial services firm Babcock & Brown, which will resolve all remaining and future shareholder disputes, which have beleaguered the liquidator for 12 years.

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Abbey in ‘pyrrhic victory’ against Virbac over antiparasitic drug patent
Intellectual Property 2025-09-25 2:17 pm By Sam Matthews

Abbey Animal Health has managed only a “pyrrhic victory” in a patent case against rival Virbac over an antiparasitic drug, and must withdraw its Levamox Duo product from the market, a court has found.

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Jackpot for digital innovation as Full Court broadens test for what is patentable
Analysis 2025-09-17 11:26 pm By Christine Caulfield

It faced defeat at the Full Federal Court and encountered a deadlocked High Court, still Aristocrat persisted in its seven-year fight to get patent protection for the popular Lightning Link poker machine. The long game paid off.

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Construction PRO
Special Gold’s prospects in case against Dyldam payment intermediaries ‘manifestly weak’: judge
Construction 2025-08-27 11:57 pm By Christine Caulfield

A judge has hit Dyldam Developments’ former boss Sam Fayad and his two sons with costs after ordering them to pay $50 million in a case by the liquidator of a special purpose vehicle, but awarded costs to payment intermediaries for the liquidator’s “manifestly weak” case against them. 

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ASIC holds no ‘special position’ when it comes to indemnity costs for doomed cases: judge
ASIC 2025-08-14 11:50 pm By Christine Caulfield

The corporate regulator should not be immune from the risk of special costs for actions doomed to fail, says a judge who flayed ASIC last month for bringing a case against TerraCom directors it should have known was a dud.

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Goodman Fielder secures orders for $10.5M from employee
Food and Beverage 2025-08-07 11:38 pm By Cat Fredenburgh

Food giant Goodman Fielder has secured a $10.5 million judgment in a case against a former employee.

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Dyldam directors on hook for $50M in case over alleged misuse of funds
Restructuring & Insolvency 2025-07-22 10:49 am By Cindy Cameronne

Dyldam Developments’ former boss Sam Fayad and his two sons have been ordered to pay over $50 million in a case by the liquidator of a special purpose vehicle claiming company funds were misused.

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Goldstone denies shareholder oppression, blames ‘irretrievable breakdown’ in relationship
Appeals 2025-07-17 1:10 pm By Cindy Cameronne

Private equity firm Goldstone has cited an “irretrievable breakdown” in the relationship between shareholders in seeking to appeal a ruling that found it liable for oppression.

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PE fund Goldstone appeals ruling on unfair sacking of director
Appeals 2025-07-11 11:56 pm By Cindy Cameronne

A private equity fund is challenging a ruling that it acted in an “oppressive” and “unfairly prejudicial” way towards its managing director, who a judge found was invalidly sacked for standing in the way of a deal with her business partner’s son. 

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Judge wrong in case over insurer’s pre-existing condition term: ASIC
Insurance 2025-07-08 11:44 pm By Christine Caulfield

The corporate regulator has appealed a Federal Court decision that rejected part of its case against HCF Life Insurance over a pre-existing condition term in its policies that was found to be misleading but not unfair.

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