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Investment firm WAM Active sued by largest shareholder Keybridge
Keybridge Capital has sued WAM Active seeking declarations that a meeting of shareholders in the Wilson Asset Management subsidiary was validly held and a resolution appointing Keybridge's Nicholas Bolton to its board was passed and effective.
In tossing inventor’s IP challenge, Full Court says essential oil a ‘staple commercial product’
The Full Federal Court has rejected an Australian inventor’s appeal of a ruling that found three manufacturers of essential oil products did not infringe his patent because the oil was a “staple commercial product”.
Perth Airport misled United in lease negotiations, lawsuit claims
United Petroleum has taken Perth Airport to court, arguing it was induced to enter a $900,000 lease and construction agreement at the airport’s central precinct with empty promises of redevelopment at the site.
Cotton On reaches settlement in copyright stoush with streetwear rival
Cotton On has settled court proceedings brought against rival surf and streetwear label Ghanda for threatening it with a copyright and trade mark infringement lawsuit.
Trendy neoprene handbag not entitled to copyright protection, Full Court finds
An Australian designer of a trendy neoprene handbag sold at high-end department stores has lost an appeal which challenged a judge’s finding that its flagship bag was not a work of artistic craftsmanship.
Australian Grand Prix sued for $8.7M over cancelled 2020 Formula One concert
The Australian Grand Prix Corporation has been sued by a UK entertainment company alleging the COVID-19 related cancellation of the 2020 Melbourne Formula One led to $8.7 million in losses after a related a concert featuring superstar Robbie Williams was also scrapped.
‘That’s not what investors signed up for’: Linchpin used funds for unauthorised loans, court told
Clients of Linchpin Capital Group and subsidiary Endeavour Securities who were promised investments in a diversified loan portfolio were instead duped into funding Linchpin’s own business interests and lining its directors' pockets, a judge has heard as trial got underway in ASIC's case against three former Linchpin directors.
Law firm says Keybridge Capital can’t challenge bills in court
Legal bills sent to investment firm Keybridge Capital for work related to litigation from 2019 are governed by legislation that doesn't require cost disclosures to sophisticated clients and can't be reviewed, a court has heard.
ACCC wins case against J Hutchinson, CFMEU over construction boycott
In a victory for the Australian Competition and Consumer Commission, a judge has found that builder J Hutchinson entered into an anti-competitive agreement with the CFMEU to boycott an independent subcontractor at a construction site in Brisbane.
Telstra liable for ‘catastrophic’ crashes in ProLearn’s faulty telemarketing system
Telstra is partially liable for a $2.6 million telecommunications bungle that “caused several catastrophic crashes” and slashed the calling capacity of a Melbourne-based telemarketing business by more than 60 per cent.