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S&P settles investors’ case but class action will resolve when ‘hell freezes over’, court told
Financial Services 2025-06-24 11:00 pm By Sam Matthews

S&P has reached a settlement in a case by two Cayman Island companies over alleged defective ratings but a class action won’t settle until “hell freezes over,” a court has heard.

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Unfair to deprive Maurice Blackburn of higher fees in class action run with Slaters: judge
Class Actions 2025-06-24 11:44 pm By Cindy Cameronne

A judge has OK’d a settlement in a class action against Treasury Wine Estates, along with $27 million in fees charged by Maurice Blackburn and Slater & Gordon, after initially questioning the difference between the firms’ rates.

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Zip wants High Court to resolve honest use split in trade mark rulings
Intellectual Property 2025-06-24 11:25 pm By Sam Matthews

Zip Co wants the High Court to weigh in on the defence of honest concurrent use in trade mark infringement cases, pointing to a “glaring inconsistency” between two recent rulings.

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Keystone’s $150M case against developers to continue despite possible charges
Restructuring & Insolvency 2025-06-24 11:42 pm By Andy Sidler

A judge has rejected bids by former Keystone director Paul Chiodo and developer Robert Filippini to stay a $150 million suit, citing investors’ interests as a “powerful” factor weighing against the stay.

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Sand importer seeking $300M says it was ‘strung along’ by NSW Port Authority
Construction 2025-06-25 3:29 pm By Cindy Cameronne

A defunct sand importer has told a court that it was “strung along” by the Port of Authority of NSW over an agreement to build a multi-user facility in Glebe Island, alleging the government-owned corporation is liable for $300 million in damages for unconscionable conduct. 

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Queensland childcare centre loses challenge to payment ruling under $11M contract
Construction 2025-06-25 10:54 pm By Cat Fredenburgh

Childcare centre Bright Days is on the hook for a $1 million payment to builder ATG under an $11 million construction contract, after a judge rejected its argument that an adjudicator’s decision not to determine a payment application due to a perceived conflict of interest was a determination of the application.

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Damages issue sent back to referee in ‘mega-litigation’ over Ichthys LNG coating
Construction 2025-06-25 11:50 pm By Sam Matthews

In “mega-litigation” over allegedly defective anti-corrosive coating used on the $45 billion Ichthys natural gas project, a judge has handballed an issue raised by Japanese oil company Inpex about damages calculations back to a referee.

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Rex administrators win more time to negotiate airline’s sale
Restructuring & Insolvency 2025-06-24 11:18 pm By Cindy Cameronne

A judge has approved a bid by administrators of Rex to delay the next creditors’ meeting to continue talks with several potential buyers of the regional airline.

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With its ‘significant’ reputation, IMDb wins challenge to Zumedia trade mark
Intellectual Property 2025-06-24 11:25 pm By Sam Matthews

Movie database giant IMDb has won a stoush with media company Zumedia, with IP Australia finding Zumedia’s ‘DMDb’ trade mark was likely to cause confusion.

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Mamamia, News Corp taken to court over medicinal cannabis ads
Media 2025-06-24 11:48 pm By Julia Kanapathippillai

The Therapeutic Goods Administration has dragged Mamamia and News Corp-owned Body + Soul magazine to Federal Court over alleged unlawful medicinal cannabis advertising.

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