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Epic Games case against Google dismissed after global settlement
A hearing set for this week on relief sought by Fortnite maker Epic Games in its competition case against Google will not go ahead as planned, after the companies reached a global settlement. But the terms of the deal remain to be approved by the ACCC.
RAMS franchisee doesn’t want to be ‘swept into’ class action trial
A former RAMS franchisee has raised concerns about a joint trial of its case with a related class action against the defunct Westpac home loan subsidiary, saying the overlap between the cases may be “much less than advertised”.
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Santos must show it can pony up cash to retire Reindeer, court told
Trial in a case by the Wilderness Society challenging Santos' plans for its Reindeer gas field kicked off Tuesday, with counsel for the activist group saying the energy giant needed to show it coud cover decommissioning costs.
ACCC seeks $36M penalty against Emma Sleep for misleading discounts
The consumer watchdog is pushing for a $36 million penalty against Emma Sleep after it admitted to repeatedly misleading consumers about discounts, but the online mattress retailer says a $2 million fine is adequate.
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Woolworths must produce Big W closure strategy docs in row with landlord
A Woolworths entity must hand over documents concerning its plan to close unprofitable Big W stores in a stoush with a Brisbane shopping centre owner over an alleged breach of a 20-year lease.
10-year-old Ford class action goes back up to appeals court
A defects class action against Ford that's been on foot since 2016 is headed to the Full Court again, after a judge recently ruled on two remaining issues in dispute following a High Court ruling on on how reduction in value damages should be calculated.
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Star divests stake in Brisbane’s Queen’s Wharf to Hong Kong partners
Star Entertainment has finalised the first stage of the sale of its stake in Queen's Wharf Brisbane, disposing of its interest in owner Destination Brisbane Consortium to its Hong Kong joint venture partners.
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Challenging $10M stamp duty, ISPT says revenue office can’t lump acquisitions
In a hearing on its challenge to $10.6 million in stamp duty tax, ISPT said Monday Victoria's State Revenue Office was not entitled to aggregate two acquisitions that increased its stake in the Fort Street Real Estate Capital Fund to 95 per cent.
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WA signs power purchase agreement for Alinta wind farm
Alinta Energy has secured a long-term power purchase agreement with the state of Western Australia for what will be the state's largest wind farm.
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Addisons lures leading real estate partner
Addisons has hired a highly regarded real estate partner who brings over 30 years of experience advising top industry players.