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Start-up Element Zero claims Fortescue did not disclose material information to the court when it obtained search orders in its case alleging “industrial scale misuse” of the mining company’s confidential information.
Full Court finds bottling agreement payments to PepsiCo’s not taxable royalties
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In a loss for the Australian Taxation Office, the Full Federal Court has found that payments made by Asahi Breweries-owned Schweppes to PepsiCo under agreements to sell brands such as Pepsi and Mountain Dew in Australia were not subject to a royalty withholding tax.
Senior barrister dodges contempt finding in spat over $800,000 bill
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A senior barrister who was ordered to provide itemised bills to explain four invoices totalling $800,000 has avoided a contempt of court finding, with a judge saying he was not satisfied the silk failed to comply with the orders and that if the extent of the itemisation were inadequate this was not the result of “disobedience”.
AFP officers drop defamation case against Lehrmann prosecutor Shane Drumgold
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Five federal officers have dropped their defamation case against former ACT prosecutor Shane Drumgold over his complaint concerning their investigation into Brittany Higgins’ sexual assault claims against Bruce Lehrmann.
Sleeping Duck sues to get messages between former employees, rival Eva
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Melbourne mattress and bedding start-up Sleeping Duck is seeking preliminary discovery of communications between former employees and rival company Eva Sleep, including correspondence allegedly containing financial information and trade secrets.
Big Un liquidators push for trial date in case over financier’s share purchase
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The liquidators of collapsed media company Big Un are pushing for a trial date in their two-year-old case against financier First Class Capital alleging a three million share purchase was part of a fraudulent design to inflate the collapsed company’s share price.
Google attacked for ‘untruthful evidence’, failure to call top execs in Epic Games trial
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Epic Games has taken aim at Google for the “untruthful evidence” of its witnesses in the game maker’s competition case against the tech giant, as well as its failure to call senior executives to the stand to defend itself.
Class action solicitor pays barrister’s claimed fees for Tyro case on eve of bankruptcy hearing
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A class action solicitor has paid a judgment debt of $50,000 ahead of a sequestration hearing over allegedly unpaid barrister’s fees from work on a class action against payments provider Tyro. But a court heard Tuesday the lawyer still faces a claim for unpaid superannuation by a former employee.
CBA shareholders appeal trial loss in money laundering class actions
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Shareholders of Commonwealth Bank have lodged expected appeals challenging a decision tossing their class actions over alleged lax money laundering compliance, giving the Full Federal Court a chance to clarify when companies must disclose regulatory investigations.
‘Alarming’: ASIC suspects ex-Keystone boss may have used investor funds to buy home
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A judge has expressed concern about the Australian Securities and Investments Commission’s suspicion that a former director of Keystone Asset Management may have used investor funds to purchase a house in his wife’s name, calling it “alarming”.