Court won’t block investor in Sam Altman-backed AI firm from voting on share sale

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A judge has declined to make orders blocking a general meeting of the members of Cryptai, a company with a significant shareholding in Sam Altman-backed Ai company Rain Neuromorphics, in order to consider a share sale.

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Foxtel wins security in $12M dispute over download patent

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The owner of a patent for software allowing users to download live television that is suing Foxtel for $12 million has been ordered to cough up $260,000 in security.

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King & Wood Mallesons hires merger reform pro from ACCC

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King & Wood Mallesons has made a key hire, luring a competition pro who worked on the ACCC’s merger reform team just months before a new mandatory merger review framework is set to take effect.

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MinterEllison lawyers call for apology from Roberts-Smith’s silk

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In their fight against oral subpoenas they say are fishing for broader grounds of appeal, counsel for two MinterEllison lawyers said on Tuesday that a silk acting for Ben Roberts-Smith should apologise for remarks in open court last week.

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High Court to hear law firm client’s appeal over interest on costs

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The High Court has agreed to hear an appeal by a doctor who says the law of unjust enrichment entitles him to over $1.4 million in interest on a $900,000 sum that his lawyers repaid to him amid a fight about his legal fees.

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Suncorp units, TAL to pay $34M to settle add-on insurance class action

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Two Suncorp units and insurer TAL Life have agreed to pay $34 million to settle a class action over allegedly worthless add-on insurance sold at car dealerships.

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Qube takes $70M SOPA spat with Martinus Rail to High Court

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Logistics company Qube wants the High Court to clarify the scope of an adjudicator’s role in determining a contractor’s payment claims under the SOP Act.

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Harry Stamoulis in $200M bid for Melbourne office tower

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Property investor Harry Stamoulis is reportedly in talks to buy an office tower on Melbourne’s Collins Street for $200 million.

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KWM-repped Stonepeak acquires major stake in IOR Group

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Infrastructure and real asset investment firm Stonepeak has entered a deal to acquire a 75 per cent interest in Queensland-based commercial fuel and logistics provider IOR Group.

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