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The largest shareholder in payday lender Nimble has lost its challenge to a decision blocking it from accessing company documents about an impending debt refinance, with an appeals court finding the investor’s concerns had “an air of commercial unreality”.
Several lenders have appealed a ruling that found they failed to prove steel giant Arrium falsified representations on loan drawdown notices ahead of its $2.8 billion collapse, saying it was a “no brainer” that the company was in dire straits when its directors sought extra funds.
Gilbert + Tobin has lured K&L Gates' global co-head of construction to join its energy and infrastructure practice in Melbourne.
The law firm whose probe into allegedly defective diesel particulate filters in Toyota cars has led to a verdict worth as much as $2 billion against the car maker has launched a class action investigation into diesel particulate filter issues with two models of Isuzu utes.
Shine and Phi Finney McDonald’s fallback plan to cooperatively run a class action against Nuix has come under fire, with the technology company urging the court to make the two firms compete against one another for sole carriage.
A court has ordered a consultant at Kahlbetzer family investment vehicle Twynam Investments to pay a $30,000 judgment for allegedly breaching confidentiality obligations in her contract.
Technology company Reflex Instruments has lost its challenge to rival Globaltech’s patent for two mining survey tools, with a judge finding Reflex had not established the technology wasn't novel and lacked an inventive step.
A judge has questioned why solicitors representing Twitter personality Stock Swami published a media release about his “backstory” two days before trial in a defamation case brought by mining investor Tolga Kumova.
A judge overseeing a defamation case brought by Tolga Kumova against Twitter personality Stock Swami has said tweets the mining investor published which allegedly spruiked shares in which he invested were “clearly apt to mislead”.
Mining investor Tolga Kumova is “likely” to go after Twitter personality Stock Swami for contempt of court after he admitted he lied and withheld evidence in a defamation case, despite a judge saying there was “no smoking gun”.