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Judge scolds Linchpin liquidators for ‘unsatisfactory’ conduct in class action
A judge has criticised the liquidators of collapsed financial group Linchpin Capital after they failed to inform the court whether they intend to defend class action proceedings or if default judgment should be made against the company.
Apple says Epic Games case should be stayed in light of ‘imminent’ US judgment
Apple has told a judge a high-stakes competition lawsuit by Fornite game maker Epic Games should be temporarily stayed in light of a special leave application lodged with the High Court and an 'imminent' judgment from a US court.
Law firm would have had onus of proof in Arrium cross-claim defence, judge says
Herbert Smith Freehills this week escaped a cross-claim that its advice made it liable for the alleged losses of Arrium's lenders, but the judge who tossed the claim along with the banks' cases expressed doubts about one of the law firm's key arguments, a warning to other firms caught up in litigation as so-called concurrent wrongdoers.
Developer’s ‘utterly unreasonable’ claims tossed in case over Fairfax brothel article
A Gold Coast developer must re-plead allegations in a defamation lawsuit against Fairfax over an article alleging he met a former Ipswich mayor at a brothel, after a judge struck out several claims that he described as “spectacularly imaginative and utterly unreasonable”.
Cytec prevails again in challenge to Nalco mining patent
US-based chemical and materials technology company Cytec Industries has won its Federal Court challenge to a mining patent application by a unit of Ecolab, with the court finding the claims in the patent lacked support and sufficient disclosure.
ANZ flags fight over use of ASIC communications in sacked trader’s case
ANZ may fight to block a sacked trader from relying on his communications with ASIC in a case alleging he was fired after complaining about rate-rigging at the bank, saying it may be unlawful to use the documents, a court has heard.
CoreLogic infringed real estate photographer’s copyright, appeals court says
Property data analytics firm CoreLogic infringed the copyright of a real estate photographer by uploading images from realestate.com.au to its own property data platform without a licence, the Full Federal Court has found.
AMP loses bid to access docs in employee poaching dispute
AMP has lost its bid to access documents showing software company DST Bluedoor's revenue forecasts and employee remuneration in a $35.5 million legal stoush alleging the financial services firm induced 11 employees to jump ship after licensing its online advisor platform.
Appeal dismissed in dispute over $81.8M Parklea Markets sale
Sydney retail personality Con Constantine has lost an appeal seeking to bolster a $4.25 million judgment in his favour over the $81.8 million Parklea Markets sale in 2016.
IOUPay granted relief for compliance bungle on 20 million share issuance
Fintech software solutions company IOUPay has been granted relief from the court after issuing 20 million shares without lodging a cleansing notice with the Australian Securities Exchange.