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Construction PRO
Goodman Group and NYSE-listed Digital Realty Trust have made a play for a 9.9 per cent shareholding in rival NextDC in an aftermarket “share raid”, as the AI data centre operator faces class action probes into a $140 million revenue downgrade.
Appealing a judgment that halved its $71.25 million commission in the Robodebt class action, litigation funder Omni Bridgeway has told the Full Federal Court the result achieved by slashing the payout was unjust.
A shareholder class action against water treatment firm Phoslock will bring new claims that the former managing director and ex-chairman are liable as accessories, a court heard Tuesday.
Motorola has urged the High Court to reject Hytera's special leave application in their long-running dispute over the theft of Motorola's source code for its digital mobile radios.
The Australian Competition and Consumer Commission is being urged to investigate content scraping terms proposed by Meta, after the UK competition regulator said it would look into whether the Facebook owner has abused its market dominance.
Potentia Capital is fighting a NY-based technology investment and venture capital firm's bid to register 'Cortentia' as a trade mark, after a delegate recently restricted the 'Potentia' mark to private equity investment services.
IP Australia has upheld natural medicine company Pharmazen's opposition to Pharmalink's proposed patent for green-lipped mussel oil and krill oil capsules, finding the claims lacked novelty and an inventive step.
Construction PRO
Department store brand David Jones has not paid rent since September and its private equity owner has rejected a "generous offer" to continue trading, landlord Scentre Group has said.
Construction PRO
A judge has rejected plans for a motel development at the Gold Creek Country Club in Canberra, finding the physical features of the development were more consistent with long-term accommodation than a motel.
A franchisee class action against United Petroleum has lost its bid to amend its case for the tenth time in four years, but a judge has given the class action another shot at updating the pleadings.