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E-commerce merchandise importer New Aim is challenging the dismissal of its trade secrets case against a former employee, who gave the contact details of the company’s suppliers to a competitor after jumping ship.
Allure of Victoria as class action venue reinforced by High Court ruling
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Victoria will continue to be a magnet for class actions after the High Court shot down solicitors’ common fund orders as clashing with NSW law, but the door may still be open for garden state lawyers to try their luck in the Federal Court.
High Court shoots down solicitors’ CFO in Blue Sky class action
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The High Court has unanimously found the Federal Court has no power to allow solicitors to take a cut of a settlement or judgment in a shareholder class action against Blue Sky, saying it would be contrary to rules against contingency fees in NSW.
Goodman Fielder secures orders for $10.5M from employee
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Food giant Goodman Fielder has secured a $10.5 million judgment in a case against a former employee.
Cornwalls didn’t disclose counsel rates to client in dispute with builder, suit claims
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A former Cornwalls client has brought proceedings over a $486,000 legal bill, claiming the law firm failed to provide updated costs estimates and did not disclose counsel rates while acting in a tribunal matter against a builder.
Court quashes $1M statutory demand in row over Rio Tinto contract
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A construction company working on accommodation for Rio Tinto FIFO workers has won its bid to set aside a $1 million creditor’s demand by a subcontractor, with a judge finding the demand was an abuse of process.
NRF invests $50M in lithium miner Liontown Resources
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The federal government’s National Reconstruction Fund has taken a $50 million stake in Gina Rinehart-backed lithium miner Liontown Resources.
Vitale teams up with Metrics in large-scale Gold Coast land deal
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With plans to transform it into a mixed-use estate, Queensland developer Vitale Property Group has partnered with Metrics Credit Partners to acquire a large-scale industrial site on the Gold Coast.
More delays in ACCC decision on Acciona’s play for $500M waste-to-energy plant
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Acciona’s bid to acquire the $500 million East Rockingham waste-to-energy project in Western Australia is facing more uncertainty after the ACCC said it had paused its review of the proposal.
Gilbert + Tobin beefs up real assets team with Blackstone hire
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Gilbert + Tobin has strengthened its real assets team with the appointment of a partner recruited from global asset manager Blackstone.