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Collapsed engineering and construction company Forge Group has agreed to settle a shareholder class action over alleged continuous disclosure breaches, which will see the funder pocket about $7.5 million.
Mineral sands producer Iluka Resources is threatening a dismissal bid in a shareholder class action it has spent $2 million fighting over the past year, amid concerns proposed security could be inadequate and the applicant has still to finalise an agreement with a litigation funder.
Lawyers for Queensland businessman Clive Palmer have apologised to the court for repeated delays in the Twisted Sister music copyright case, blaming the unavailability of experts and the mining magnate's involvement in the Queensland Nickel liquidation trial for his lateness.
US tobacco giant Philip Morris has failed in its challenge before IP Australia to rival British American Tobacco's application for a trade mark to be used on its electronic cigarettes.
Rival firms Apple Inc and Swatch AG have both failed in their opposition to the other's trade mark extension application, with a delegate for the trade marks office allowing Apple's Tick Different and Swatch's Think Different to proceed to registration in Australia.
The lead applicant in a class action against Radio Rentals wants access to correspondence relating to the appliance leasing company's insurance coverage with AIG Australia, saying the documents might contain admissions relevant to its case over the company's allegedly misleading 'Rent, Try, $1 Buy' program.
A judge has slapped a $10 million fine on online supplement company Peptide Clinics for advertising prescription-only drugs in breach of the Therapeutic Goods Act.
A judge overseeing a lease dispute in relation to a Brisbane CBD office tower has slashed a $43.2 million statutory demand against construction company Grocon by more than two thirds, finding property management firm Dexus was unreasonable to demand payment just two business days after issuing its invoices.
Pitcher Partners has lost it challenge to a ruling socking it with a $5.6 million bill for an accounting error concealed from client Neville's Bus Service, with an appeals court saying there was a "clear and principled basis" to require the accounting firm to pay the sum awarded for loss and damage to the transport company.
The settlement of the Discovery Metals investor class action against KPMG has experienced another setback, after scheme administrator Grant Thornton flagged a potential conflict of interest in acting as a costs contradictor over Piper Alderman’s controversial $3.5 million legal bill.