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Judgment day in $1B Queensland floods class action
Eight years after floods in Southeast Queensland destroyed more than 2,000 homes, a judge will deliver his ruling in two class actions seeking a record $1 billion in damages, and the decision could well come down to which of two conflicting flood modeling reports the judge sides with.
Big riffin: Jay-Z sues Aussie co over play on ’99 Problems’ hook
International hip-hop superstar Jay-Z has sued an Australian children's book manufacturer for "flagrant, glaring and contumelious" intellectual property infringement with its 'AB to Jay-Z' baby books.
Dymocks unit sued for ‘flagrant’ trade mark infringement by private equity fund
An educational service provider owned by national bookstore chain Dymocks has been sued for "flagrant" trade mark infringement by a tech-focused private equity fund.
NAB reaches $49.5M settlement in ‘junk’ insurance class action
The National Australia Bank and insurer MLC have agreed to pay $49.5 million to settle a class action over allegedly worthless credit card insurance.
Sobering moment: D’Aquino Bros barred from labeling booze as Scotch
Australian liquor retailer D'Aquino Bros has settled a trade mark infringement lawsuit brought by the UK's Scotch Whisky Association, after agreeing to injunctions barring it from peddling its brew as Scotch.
Multiplex wants Hastie liquidators to pay up for betting on set-off limitation
Multiplex is calling for the liquidators of collapsed engineering services group Hastie to pay its costs, and pay now, for pursuing an action to recover millions of dollars in unpaid bills on the grounds that the construction company was not entitled to offset its debts with amounts owing.
Key insight into claim on Warranty & Indemnity insurance
The Supreme Court of Victoria has considered whether an insured buyer under a warranty and indemnity policy is entitled to indemnity from an insurer when it relied on income and liability warranties in a share sale agreement and those warranties were breached, a case that provides welcome guidance on the contractual interpretation of W&I policies, writes Justin McDonnell and Rebecca LeBherz of King & Wood Mallesons.
Funder appeals ruling over security in Fair Work class actions
Litigation funder Augusta Ventures has brought its promised appeal of a groundbreaking ruling that put it on the hook for paying security for costs in an employment class action over the classification of casual mine workers.
Banks can grill ACCC investigators, JPMorgan in ANZ criminal cartel case
The banks and executives at the centre of a landmark criminal cartel case can question four ACCC investigators and witnesses from JP Morgan at an upcoming committal hearing, with a magistrate saying Friday there were "substantial reasons in the interests of justice" to allow the cross-examination.
Judge shoots down objections to Mossgreen liquidators’ payday
The administrators and liquidators of failed auction house Mossgreen have had their $646,000 in fees approved over the objections of creditors, with a judge saying they were entitled to the remuneration after recovering more than $2 million in assets.