Allens locks down $460M in financing for Akaysha’s Elaine BESS

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Blackrock-owned battery developer Akaysha Energy’s planned 311 MW battery energy storage system on the Midland Highway in Victoria is ready to get off the ground, after Allens helped the project secure $460 million in financing.

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Apache loses strike-out bid in $83M tax credit spat with Santos

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Several Apache Corporation units have failed to block Santos from withdrawing admissions in a long-running fight over $83 million in tax credits related to Apache’s $2.1 billion sale of certain assets, with a judge finding Apache’s prejudice arguments were “significantly overstated”.

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In defamation case, prior reputation pleading not required for serious harm claim: judge

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A judge has refused to strike out claims of serious harm in a defamation case by a pro-Israel activist against the owner of Sydney restaurant Cairo Takeaway, finding the activist did not need to plead to his prior reputation.

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Fired JLL execs sue The Australian publisher for defamation

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Two axed executives of real estate broker Jones Lang LaSalle have sued the publisher of The Australian over articles they say destroyed their professional reputations and cost them up to $15 million each in earnings.

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Gillis Delaney dodges third-party costs bid in IP dispute

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Law firm Gillis Delaney has defeated a bid for third-party costs by a warehouse management software company that was named in an intellectual property dispute, with a judge rejecting claims the firm was not authorised to act and acted unreasonably. 

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Meta wins opposition to ‘Reelstar’ trade mark

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Meta has successfully opposed an Australian start-up’s ‘Reelstar’ trade mark, with a delegate finding it was too similar to the social media company’s mark for its short-form video brand Reel.

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ATO dealt major blow in $948M capital gains dispute with YTL Power

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The tax commissioner has suffered a major loss in a dispute with Malaysian power company YTL Power over a $948 million capital gain from the sale of its stake in South Australia-based ElectraNet in 2022.

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Ex-boss of AI marketing company Metigy pleads guilty to misleading investors

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The former CEO of failed AI marketing start-up Metigy has pleaded guilty to providing false statements to investors and misusing his position as a director, following an investigation by the corporate regulator.

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Thomson Geer nabs another partner from Holding Redlich

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A workplace health and safety partner with more than 25 years of experience has made the leap to Thomson Geer, the third partner to jump ship from Holding Redlich in recent months. 

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