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The funder of a failed class action against the founder of sandalwood producer Quintis and EY and has been hit with costs, despite arguing the order would set a bad precedent.
Judge hits pause on Paladin Energy class action pending carriage fight
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A judge has temporarily excused uranium miner Paladin Energy from providing initial discovery in a shareholder class action, as the parties wait for a competing class action to be filed.
Privilege not waived by ATO complying with Alcoa’s FOIA request, court says
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The ATO has won its challenge to a finding that it waived privilege over draft expert reports in an email referring to its contents, with a court saying disclosure of the substance of information is not per se inconsistent with maintaining privilege.
HBSC denies ASIC claims it failed to protect customers from scams
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HSBC has hit back at ASIC’s claims that it failed to protect customers from scams, denying it breached its legislative duties despite admitting some of the regulator’s allegations concerning its compliance with the ePayments code, a voluntary code of conduct.
Light & Wonder says Aristocrat’s Dragon Link info not trade secrets
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Gaming company Light & Wonder has hit back at Aristocrat’s intellectual property case, arguing that allegedly confidential information about the popular Dragon Link poker game was not trade secrets.
West Gate tunnel engineers sue software firm
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The engineers that provided design services for Victoria’s West Gate tunnel project have sued software provider Midas, alleging it used the wrong formula to calculate stiffness in bridge designs.
Sharvain Facades wins extra time for second creditor meeting
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Sharvain Façades has won extra time to convene a second creditors’ meeting to pursue a $3.28 million win against Roberts Co, but not based on the argument that SOPA says its liquidation would bar enforcement of the judgment.
Court OKs demolition for Third.i’s lux Sydney development
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The NSW Land and Environment Court has approved a plan to demolish an apartment building in the harbour-side Sydney suburb of Rushcutters Bay to make way for luxury apartments.
Keystone receivers settle case over Venice Marriott Hotel sale
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A dispute over a scuppered transaction between the director of collapsed Keystone and the owner of the Marriott Hotel in Venice has been settled.
Parkhurst Tavern picked up by Queensland pub group
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Pub owner O’Hara Hotel Group has sold the Parkurst Tavern in Rockhampton to a privately owned Queensland pub group for a reported price of $24 million.