A judge has ordered Australian telecommunications companies Jabiru Satellite and NewSat to pay $1 million in security for costs in a lawsuit against eight major banks alleging they wrongfully withdrew financial support for Australia’s first independently owned satellite.
Software company Dye & Durham has secured the approval of the competition regulator for its proposed acquisition of technology services provider Link Group under the condition it sell its Australian business.
ClubsNSW has lost a bid to keep its contempt of court case against whistleblower Troy Stolz and YouTuber Jordan Shanks secret, with a judge finding “the interests of open justice are paramount”.
Coal mining firm TerraCom has lost its Full Court bid to shield a PricewaterhouseCoopers report from ASIC, on appeal from a judgment which found the regulator could view the report because of public statements made by the company.
Two insurers for Dixon Advisory have argued they should not have to disclose policies that could respond to mammoth claims in a class action against the collapsed financial services firm estimated to be worth $278 million and $463 million.
A fight has broken out between the litigation funder and the lawyers representing 15,000 seaweed farmers in a class action against oil exploration company PTTEP Australia over a spill at its Montara oil field in the Timor Sea.
A judge has upheld two arbitration awards worth $52 million for German industrial manufacturing giant Siemens against CIMIC-connected BIC Contracting LLC over a contract to build a “people mover system” in Qatar.
Google has succeeded in blocking a fitness app from registering ‘FitBet’ as a trade mark, with a a Trade Marks Office delegate finding the mark was deceptively similar to the Silicon Valley company’s marks for its popular FitBit wearable devices.
Wilsons Advisory and Stockbroking has dodged a claim by rival Elston Private Wealth over a veteran employee who jumped ship with confidential information.
Defunct stockbroker Halifax Investment Services has sued law firm King & Wood Mallesons and its former auditor Bentleys for allegedly failing to advise that it had to hold client funds used to trade on its online platforms on trust.
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