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.
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.
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.
The administrators of Roberts Co have recommended that creditors accept a deal from founder Andrew Roberts that would see a cash contribution of $17.4 million to release Roberts and others from any claims.
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.
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.
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.
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.
A judge has recused himself from hearing a class action against Fletcher Building, and has imposed a ban on presiding over any cases involving Maurice Blackburn for a period of time.
A judge has kept intact a lead applicant’s award of damages in a class action over alleged defective Ford vehicles, following a High Court decision, siding with neither party on what the figure should be.