Nuix has defeated a lawsuit by ex-CEO Edward Sheehy alleging he was owed $183 million in options under a 2008 agreement, with a judge finding the options could only be exercised if the company was sold.
Former Liberal staffer and alleged rapist Bruce Lehrmann has brought defamation proceedings against Network Ten and a unit of News Corp.
A four-way fight to lead a shareholder class action against Star Entertainment could be on the cards after a fourth law firm filed a representative proceeding alleging the company’s share price plummeted following revelations of alleged money-laundering breaches.
Nine-owned Fairfax Media has been ordered to pay a $545,000 to a Papua New Guinea politician who sued the publisher for defamation over a series of articles published in the Australian Financial Review, which a judge found were “replete with errors and misrepresentations.”
A judge has thrown out a lawsuit by the maker of Raw C coconut water alleging a rival’s coconut water featuring a similar aqua blue packaging with images of palm fronds would confuse consumers.
The federal government’s bid to shut down an underpayments class action on behalf of postgraduate research candidates at universities across Australia remains to be heard after a judge rejected the self-represented applicant’s bid to strike out the strike-out application.
The widow of mining executive Ken Talbot has lost a case alleging law firms Arnold Bloch Leibler and Boyd Legal mishandled her late husband’s estate after a judge found she had a “stated intention to destroy” the estate lawyer.
Westpac has told a court that it is “inconceivable” that Forum Finance directors Bill Papas and Vince Tesoriero and funded their lavish lifestyles legitimately, as trial kicked off in the bank’s $400 million fraud case against the Forum companies.
Star Entertainment is facing a third shareholder class action alleging it failed to disclose material information about its compliance with anti-money laundering and counter-terrorism financing regulations, after being slapped with $200 million in fines by state gambling regulators.
The Australian Securities and Investments Commission has hit back at a defamation suit by Mayfair 101 founder James Mawhinney over a media release, saying it doesn’t meet the new ‘serious harm’ threshold for defamation matters.