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Blue Sky Alternative Investments has reached a confidential settlement of its case against three former directors and two investment firms over an alleged raid on the fund manager’s confidential database.
Apple wins patent for computer-implemented invention
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Apple has been granted a patent for an animation-generating user interface for its iPhone and iPad devices, beating back multiple adverse examination reports that described the invention as a presentation of “aesthetic content” that solved the problem “providing users with something engaging to look at”.
Anxiety and depression widespread in mid-sized law firms, survey shows
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The overwhelming majority of employees at small and medium-sized law firms are being affected by depression and anxiety, with a new survey revealing almost one in three work more than 45 hours a week.
NSW Ports slams ACCC’s competition constraint claims as ‘slight or hypothetical’
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NSW Ports Operations has denied claims that an agreement for the privatisation of its subsidiaries Port Botany and Port Kembla stymied competition, describing the allegations made by the Australian Competition and Consumer Commission as “slight or hypothetical”.
Ex-MP Emma Husar ‘very close’ to settling defamation case against Buzzfeed
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Lawyers for media outlet Buzzfeed say they are “very close” to settling a defamation case brought by former Labor MP Emma Husar, over an article that accused her of sexual harassment and exposing herself in a manner made famous by Sharon Stone in the movie Basic Instinct.
Investors set to get 40% of settlement in class action against Westpac’s BankSA
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Group members in a recently settled class action against Westpac unit BankSA over its conduct in connection with convicted Ponzi schemer Michael Samra are expected to get 40 per cent of the confidential settlement, a result a judge said wasn’t as bad as he might have feared.
Jailed Healthzone CEO loses ‘armchair appeal’ of fraud conviction
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The jailed former CEO of defunct health food business Healthzone has lost his appeal of a criminal conviction and sentence over a conspiracy to fraudulently use a $1 million company bank loan to repay personal debts.
Judge refuses ‘queue jumping’ request in Sirtex CEO insider trading case
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An application by the former boss of Sirtex Medical for a sentencing date in the insider trading case against him has raised the ire of a NSW District Court judge, who called the bid premature and an attempt to jump the queue.
Fitch settles investor class action over credit ratings on toxic SCDOs
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Fitch Ratings has agreed to settle the last of the investor class actions in Australia flowing from the global financial crisis, a court heard Friday.
Ex-Norton Rose lawyer can appeal privilege ruling over partner communications in feud with firm
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A terminated Norton Rose Fulbright partner has won a bid to challenge a ruling in his dispute with the law firm that denied him access to communications between partners on the grounds that the documents were privileged.