A unit of Standard Chartered Bank has prevailed in a securities spat with Energy World Corporation, which has been ordered to approve a $64.4 million note transfer and pay $42.2 million to the Singapore-based bank.
Botox maker Allergan has appealed a court judgment tossing most of trade mark case against an Australian cosmetics company that sells topical creams as Botox alternatives.
NAB has succeeded in blocking accused scammer Helen Rosamond and her executive services company Human Group from varying a freezing order in a case over an alleged $51 million fraudulent scheme so that she can pay her legal bills and living expenses.
Trial is set to begin February 2 in a $100 million shareholder class action against Woolworths over a February 2015 profit downgrade that allegedly led to a drop in the company’s share price.
Sydney businesswoman Melissa Caddick, who went missing a day after police raided her home two months ago as part of a fraud investigation, is believed to be alive, according to police.
Building products supplier Wagners has successfully challenged a Queensland Supreme Court judgment ruling in favour of Boral in a high-stakes cement supply dispute between the construction giants.
Troubled food and beverage manufacturer Freedom Foods has denied a former company secretary and group general counsel was protected by whistleblower laws, claiming it was entitled to fire her for “serious misconduct”.
A judge has rebuked the “procedural vulgarities” plaguing a referee’s supplementary report in a class action against Toyota over allegedly defective vehicles and has called for the process to be simplified.
A judge has shot down an attempt by the publisher of the Australian Financial Review to permanently stay a defamation lawsuit brought by blockchain firm Power Ledger, after the media company claimed it had had failed to comply with discovery obligations.
Law firm Clayton Utz and litigation funder Investor Claim Partners have joined forces to bring a class action against insurers who have denied business interruption claims by business impacted by the COVID-19 pandemic.