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James Hardie facing shareholder class action over net income downgrade
Class Actions 2023-07-28 11:53 pm By Christine Caulfield

Building materials giant James Hardie Industries is facing a class action alleging it breached its disclosure obligations over its adjusted net income forecasts for the 2023 financial year.

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Administrator can’t claw back security for costs in case by failed company
Contracts 2023-07-21 1:16 pm By Sam Matthews

A judge has rejected a bid by the administrator of a collapsed company to claw back a payment of security for costs made in earlier litigation, which he found did not give rise to a relevant security interest.

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Zap Fitness founder forced to drop negligence suit against Pitcher Partners
Accounting 2023-07-17 11:07 pm By Christine Caulfield

A court has issued an injunction forcing the discontinuance of a negligence suit against accounting firm Pitcher Partners by the former owner of Zap Fitness, a case found to be barred by the terms of a settlement.

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Lighthouse largely fails to keep evidence under wraps in $328M dispute with East Timor
Alan Herskope 2023-07-03 10:22 pm By Sam Matthews

Oil company Lighthouse Corporation has lost its bid to force East Timor to jump through hoops to access a suite of documents in a $328 million dispute over a failed fuel supply agreement, but has succeeded in keeping the documents out of public hands amid fears by its director for his safety.

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Sportsbet wins anti-suit injunction against US case by sportsbet.com owner
Corrs Chambers Westgarth 2023-01-12 11:49 am By Sam Matthews

Sportsbet has won an injunction preventing the owner of the sportsbet.com domain from prosecuting an action in the US, which a judge said sought to interfere with an Australian domain name battle “in the most stark fashion.”

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Freezing order stands in Sportsbet’s domain name spat with owner of sportsbet.com
Corrs Chambers Westgarth 2022-11-21 5:39 pm By Cindy Cameronne

Bookmaker Sportsbet has defeated a bid to overturn a freezing order against the owner of the sportsbet.com domain name in a trade mark infringement dispute stemming from a promotion agreement.

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Oil company ‘holding a gun to court’s head’ to delay $328M East Timor dispute, judge says
DLA Piper 2022-09-15 2:53 pm By Cindy Cameronne

Lighthouse Corporation was holding “a gun to the head” of the court in seeking to adjourn a $480,000 bid for security in a dispute with East Timor over $328 million in alleged losses from a failed fuel supply agreement, a judge has said.

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Moore Stephens ex-partner barred from bringing all but one claim against former colleague
Accounting 2022-08-31 11:28 pm By Sam Matthews

A judge has barred a retired Moore Stephens partner from bringing all but a single claim against a former colleague who allegedly failed to account to the partnership for unauthorised profit in excess of $11 million.

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Wrong plaintiff, wrong defendant: Payton Securities unit loses professional negligence case
Julia Nikolic 2022-07-15 11:58 pm By Sam Matthews

Investment manager Payton Securities has lost a bid to recoup claimed losses over $1.4 million stemming from an allegedly negligent property valuation by Bertacco Ferrier, with a judge finding that the company had not retained the valuer and was not a party to the valuation.

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Photo of signed contract suffices, judge finds in $7M win for Japan’s Mitsui
Contracts 2022-07-04 2:09 pm By Sam Matthews

A judge has found that a partly obscured photo showing a signature was enough to render a contract enforceable, in a multi-million dollar contract fight between Mitsui & Co and a Victorian steel mill operator.

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