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A former Macquarie director has given evidence that it would have been "prudent" for Nuix to have reduced its sales forecast, as a shareholder class action hearing over the software company's float on the ASX enters its third week.
A class action against Allergan over recalled breast implants has lost its bid to strike out the US drug company’s defence that there was no known causal link between its implants and a certain form of cancer at the time of supply.
The ATO has lost its appeal of a ruling that put it on the hook for $35 million after a judge found it received millions misappropriated by a former Kupang Resources director in order to satisfy a tax debt against him.
HWL Ebsworth has lost its bid to summarily dismiss a former partner’s case alleging the firm unlawfully discriminated against him on the basis of age when it expelled him from the partnership.
Construction PRO
Super trustee REST Nominees has dodged indemnity costs but is still on the hook for paying a "cast of thousands" after losing a bid to temporarily block the sale of the Dexus bloc of shares in Melbourne Airport operator APAC.
Construction PRO
The former majority owner of NY-based Infrastructure Capital Holdings has won its bid for documents ahead of mediation in a suit alleging Foresight Group Holdings undervalued the company's investments in Kinetic and Zenith Energy, which sold for a combined $5.7 billion last year.
Construction PRO
The former CEO of engineering services firm DRA Global has failed in a dispute over law firm emails he claimed were produced in futherance of an unlawful scheme to take control of the company's board.
There is a time for everything, as Ecclesiastes says, but who has time for class actions that plead everything and the kitchen sink, a vexed judge wants to know, calling on litigants to home in on the real contest in their cases.
Construction PRO
A landowner that lost a bid to remove a section of the Grand Pacific Walk north of Wollongong because the popular walkway deprived it of car access to its coastal property has taken its fight with the council to the High Court.
Construction PRO
A contractor on a project in the Pilbara has lost its bid for a $1.5 million freezing order against a subcontractor, with a judge finding no evidence it would be unable to satisfy any future judgment related to their payments dispute.