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Settlement talks can’t be admitted as evidence in Cargill, Viterra trial
A judge in the high-stakes trial over the $420 million sale of Viterra's Joe White malt business to Cargill has denied Cargill's request to have settlement talks admitted as evidence, shooting down the agricultural giant's argument that the talks were needed to challenge Glencore in-house counsel's assertion that he is of good character and will not breach a confidentiality agreement.
Hyundai lawsuit over $7.9M arbitration award gets go-ahead
A judge has said a case filed by Hyundai Engineering & Steel Industries to enforce a $7.9 million arbitration award against Alfasi Steel over the delayed construction of Sydney's International Conference Centre can move forward even though Alfasi has gone into administration.
Glencore in-house counsel wins Cargill deal docs to mull settlement
In-house counsel at Glencore has been granted access to "highly confidential" documents related to the possible sale by Cargill of its Joe White malt business so that he can mull a settlement offer.
Cargill wins bid to call King & Wood Mallesons solicitor as a witness
A judge has granted Cargill Australia's request to call a King & Wood Mallesons solicitor that represented Viterra as a witness in the epic trial over the $420 million sale of Viterra's Joe White business to Cargill in 2013.
Prospa to fix unfair contract terms after ASIC probe delayed float
Online lender Prospa has agreed to alter unfair terms in its standard form small business loan contracts, after it delayed a planned float due to concerns raised by ASIC about its loan terms.
Sanitarium, Rebel appeal ruling in $1.4M suit over promotion campaign
Cereal giant Sanitarium and retailer Rebel Sports are challenging a decision dismissing proceedings against a UK marketing company amid a contractual dispute over a recent joint promotional campaign.
Seafolly, Seko lay down swords in suit over shipping agreement
Aussie swimwear company Seafolly Pty Ltd and global logistics company Seko have agreed to settle their dispute over a shipping agreement that went south.
ACCC to push for stronger powers to crack down on unfair contract terms
The law should be altered to make unfair contract terms illegal, ACCC Chair Rod Sims says, and the regulator plans to use its clout to push for the change.
Unanswered Pinsent Masons emails show retainer was terminated, appeals court says
Spanish construction company Técnicas Reunidas can't block two Pinsent Masons solicitors, formerly with Norton Rose, from representing Downer EDI Engineering in an ICC arbitration between the two companies, with an appeals court saying unanswered emails provided sufficient proof a retainer had been terminated.
Husqvarna admits it ‘likely’ misled franchisees, ACCC says
Power tool seller Husqvarna Australia has entered into a court-enforceable undertaking after admitting it likely misled franchisees when stating that its dealership agreements were not covered by the Franchising Code of Conduct.