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Blockbuster defeated again in fight with husband and wife franchisee
Blockbuster has lost another round in its case against a husband and wife franchisee that sold a store's assets to a competitor, with a court ruling the company could not sock the pair with the costs of its failed appeal.
Accountants for collapsed Centaur Litigation can’t amend defence
The accountants for fraudster Scott Williams, the man behind the multi-million dollar Ponzi scheme Centaur Litigation, lost a bid to amend their defence to limit their liability in a $32 million case brought by liquidators of the failed funder.
Wind farm co. settles class action over bushfire caused by electrocuted crow
Renewable energy company Infigen Energy has agreed to settle a class action over the January 2017 Currandooley bushfire that was sparked by a crow that was electrocuted from a transmission line carrying power from the company's Woodlawn wind farm near Tarago, New South Wales.
Court draws blood in Becton, B. Braun catheter patent case
A court has delivered a loss for Germany-based B. Braun Melsungen, dismissing its allegations that US-based device manufacturer Becton Dickinson infringed three of its intravenous catheter patents and ruling the patents invalid.
Ex-CFO said Rio Tinto reserve write down would be ‘worse by far than expected’, ASIC claims
The Australian Securities and Investments Commission claims Rio Tinto's former CFO was referring to the write down for the reserves for two coal assets that were part of a $4 billion acquisition of Rio Tinto Coal Mozambique when he sent an email to the company CEO in January 2012 that contained the phrase "worse by far than expected".
Law firm in showdown with ATO over Black Saturday payouts
Maurice Blackburn's battle with the Australian Taxation Office over a tax bill on class action settlements for thousands of Black Saturday bushfire victims went to court Tuesday, and the landmark case may turn on whether or not the law firm's administration of the settlement distribution scheme counts as a business.
Ex-director of corporate insolvency firm ‘ambushed’ by partner, judge says
A judge has found the former director of Sydney-based insolvency practice CRS Warner Kugel is entitled to compensation after he was "ambushed" out of the firm in 2014.
Class members get nothing in $2.6M bushfire class action settlement
A court has signed off on a $2.6 million settlement in a class action against Endeavour Energy and two other companies over the 2013 Mt Victoria bushfires that will leave class members empty-handed.
Common fund order in CBA class action put on ice
A judge has adjourned an application by law firm Slater & Gordon for a common fund order in a class action against the Commonwealth Bank and its wealth management unit, amid two landmark challenges to the courts' powers to make such orders.
Murray Goulburn settles ACCC case over farmgate milk prices
Murray Goulburn and its former CEO have reached a settlement with the Australian Competition and Consumer Commission over claims the dairy producer misled farmers in three states about farmgate milk prices.