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Industry-owned Queensland Sugar Limited has succeeded in dismissing a court case brought by Wilmar Sugar Australia after record-high rainfalls led to a $60.8 million loss in 2010.
The Montarra oil spill class action trial has been pushed back by two weeks, following the filing of late expert evidence by the applicants "without leave, without notice," according to oil company PTTEP.
Pay TV giant Foxtel has lost an appeal of an IP Australia decision refusing to revoke a trade mark by telco China Unicom after a failure of the trade mark office's online filing system meant its law firm, Allens, missed the deadline for opposing the mark.
A judge overseeing discovery in a class action against global engineering company CIMIC Group has called out the legal profession for an "extraordinary" new trend of relying on solicitors' affidavits in claiming privilege over evidence.
Charges in the criminal cartel case against ANZ, Citigroup and Deutsche Bank over a $2.5 billion ANZ institutional share placement have yet to be finalised, almost a year after the proceeding was filed.
ANZ Bank executives briefly considered relaunching and repricing a botched $2.5 billion equity capital raising at the heart of two groundbreaking enforcement actions, and the decision by the share placement's underwriters to instead pick up a $790 million shortfall deprived investors of lower priced shares, a court has been told.
The trustee of the Retail Employees Superannuation Trust wants more details about an ecological landscaper's allegation that it breached its duty of care by failing to make adequate disclosures about climate change risks.
Clayton Utz's advice to the Department of Education that it could supply details to the ACCC about documents seized in an Australian Federal Police raid of Phoenix Institute of Australia's offices was incorrect, the collapsed educational company told the court as it flagged a possible application to shut down the consumer watchdog's case.
Kmart has been ordered to produce more documents related to changes made to the designs for its men's cargo pants and shorts in a lawsuit alleging it violated the copyright for workwear company Globe International's clothing designs.
The Commonwealth Bank of Australia, facing cross-claims by credit ratings agency Fitch in a class action alleging it gave false or misleading double A and triple A ratings to synthetic CDOs backed by Sigma Financial, told investors Fitch's withdrawal of Sigma's credit rating prior to the collapse of the $27 billion investment fund was a "technical" issue, the bank has admitted.