A Federal Court judge on Friday reluctantly approved a $12 million settlement in the long-running class action against Bank of Queensland, saying it left almost nothing for those affected by the notorious Sherwin Ponzi scheme.
A settlement has been reached in a lawsuit between Woolworths and US home improvement giant Lowe’s over a failed joint venture for a chain of hardware stores in Australia.
Gaming giant Aristocrat has commenced legal action against rival Ainsworth, claiming a “controversial” game designer used confidential information to develop a competing slot machine.
Viterra has failed in its third bid to access communications between Cargill Australia and its lawyers related to Cargill’s $420 million purchase of malt producer Joe White Maltings from Viterra in 2013.
SNF has filed an appeal with the Federal Court after the Australian Patent Office shot down its challenge to a mining patent application by rival BASF.
Take-Two Interactive has won a temporary injunction blocking a gamer from making unauthorised changes to its popular Grand Theft Auto video game.
An appeal has been filed by financial software company Encompass Corp. after a Federal Court judge found two of its patents for computer software failed the method of manufacture test and were invalid.
Taronga Conservation Society Australia and Sydney Zoo have agreed to settle their legal battle over the use of the name “Sydney Zoo”.
Quinn Emanuel has been forced to bow out as class action counsel in a case against Bank of Queensland after litigation funder Vannin Capital called for the law firm’s $4 million fee to be challenged.
Financial software company Encompass Corp., which lost its patent infringement case against technology firm InfoTrack, and lost its patents in the process, should pay just 30% of InfoTrack’s costs, the Federal Court has been told.