Investors in collapsed stockbroker Halifax Investment Services have failed to overturn decisions in Australia and New Zealand relating to the date of realisation of their investments which have decreased the amount they can recover in the company’s liquidation.
The Australian Taxation Office will have “commercial discussions” with Gold Coast property developer James Raptis before deciding whether to seek summary judgment in a case over $109.5 million in alleged tax avoidance.
The Australian Taxation Office has won an urgent bid to freeze the assets of James Raptis and 11 associated entities, after accusing the Queensland property developer of dodging $109.5 million in taxes since 2000.
Apple has been hit with a lawsuit alleging iPhone and iPad devices sold in Australia since at least 2014 and equipped with Touch and Face ID technology infringe two patents held by a non-practicing entity.
EY has reached an in-principle settlement in a case brought by Melbourne-based joint venture Shepparton Partners Collective alleging the consulting giant was negligent, but the firm copped a dressing down from a judge on Thursday for asking him to keep its motion to toss the case on ice.
Six of the world’s largest car makers have agreed to pay $52 million to settle class actions accusing them of selling cars with deadly Takata airbags.
Truck company Isuzu has asked a court to shut down an $18 million lawsuit by Directed Electronics alleging copyright infringement, arguing that its own cross-claims –which substantially overlap with allegations in a 2017 case that went to trial — made it an abuse of process.
Approximately 1,000 investors of collapsed stockbroker Halifax Investment Services have challenged a court decision concerning the date of the realisation of their investments which decreased the amounts they could recoup from the company’s liquidation.
Consulting giant EY wants a court to dismiss a case brought by a joint venture alleging negligence in due diligence reports of Coca-Cola Amatil’s $40 million sale of fruit processing business SPC.
Cricket Australia must hand over documents to Seven West Media as the TV network weighs potential legal action for damages against the league over the quality of the 2020-2021 summer cricket season.