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Worley budget adjustments were ‘drop in the ocean’, Full Court hears in class action appeal
Worley’s increases to a budget behind an allegedly misleading 2014 earning guidance, amounting to $1.14 million, were a “drop in the ocean”, the Full Court has heard as shareholders seek to revive a failed class action against the engineering company.
Shareholders looking to revive class action say Worley pursued ‘growth stock’ ambitions over accuracy
Worley crafted the budget behind an allegedly misleading 2014 earnings guidance so that its shares could be rated as a “growth stock”, the Full Court has heard as shareholders seek to revive a failed class action against the engineering company.
Aristocrat judge got it right in patent analysis for computer-implemented inventions, Full Court told
The right approach to determining patentability of a computer-implemented invention is to first assess whether it is more than a mere scheme or business method, the Full Federal Court has been told in an appeal of a ruling backing IP Australia's revocation of two patents by plumbing company Repipe.
Google to try its hand at staying Epic Games competition suit after Apple fails
Google is pressing forward with an application to stay Fortnite game maker Epic Games' competition lawsuit over its Google Play store terms, despite the Full Court rejecting a similar move by Apple.
Minetek can’t inspect USB devices for potential lawsuit against ex-employee, court rules
Global mine technology company Minetek has lost its bid to access USB devices held by equipment manufacturer Howden’s solicitors for use in a potential lawsuit against a former employee who it says may have unlawfully used confidential company information.
Minetek wants lawyers to hand over USB devices as its mulls lawsuit against ex-employee
Global mine technology company Minetek is considering a lawsuit against a former employee who may have unlawfully used confidential company information, a court has heard.
Judge admonished for ‘complete lack of intellectual engagement’ in migration case
A Federal Court judge has admonished Federal Circuit Court Judge Sandy Street for “a complete lack of intellectual engagement” in considering whether an Indian migrant engaged in a sham marriage in order to stay in Australia.
Apple will take fight with Epic Games to the High Court
Apple plans to appeal the Full Federal Court's decision that Epic Games' misuse of market power lawsuit over it App Store terms should be heard in Australia because the case raises issues of "fundamental public interest".
Court finds Ford PowerShift cars defective, in victory for class action
In a win for a long-running class action against US auto giant Ford on behalf of owners of 70,000 vehicles, a judge has found that cars installed with PowerShift transmissions were defective.
In victory for ACCC, Full Court tosses Geowash execs’ ‘ill-founded’ appeal
Two executives of failed car washing franchise Geowash have failed in their attempt to overturn a $2.7 million penalty for overcharging and misleading franchisees, with the Full Court finding they had engaged in "a consistent pattern of conduct which was deceitful and dishonest".