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The $92 million payout to two funders that financed the recently settled S&P Global class actions shows the need for continued scrutiny of litigation funding agreements, experts say, but whether it is a sign of windfalls to come or is a ghost of commission's past is another question.
ObjectiVision has presented a "limited" and "debatable" case that its source code for a glaucoma testing device was copied, the Federal Court heard Thursday as the trial in a four-year spat with the University of Sydney over IP rights came to a close.
Discount supermarket chain Aldi offered $150,000 to end a lawsuit brought by the maker of the popular MoroccanOil line of hair products, a court judgment revealed Tuesday.
Ophthalmic diagnostic device manufacturer ObjectiVision has made its final pitch to the Federal Court at the end of trial in a long-running intellectual property and contract dispute with the University of Sydney, saying in closing submissions that the school had run a "curious" case.
Spanish construction company Técnicas Reunidas can't block two Pinsent Masons solicitors, formerly with Norton Rose, from representing Downer EDI Engineering in an ICC arbitration between the two companies, with an appeals court saying unanswered emails provided sufficient proof a retainer had been terminated.
The two criminal cartel cases brought by the ACCC in the past three months are just the beginning, lawyers say, with three or four more criminal matters expected to be brought by the end of the year.
The Full Federal Court will hear arguments next week in an appeal by the ACCC over an alleged laundry detergent cartel, the first so-called hub and spoke case brought by the competition regulator.
A ruling that valued land snatched by the New South Wales government to make way for the massive WestConnex highway at $23 million is invalid because of a Commissioner's involvement in adjudicating the matter, an appeals court has found.
Ophthalmic diagnostic device manufacture ObjectiVision can't file amended claims for damages following a trial in a copyright and contract case against the University of Sydney, with a judge saying the school would be "severely prejudiced" if the new claims were allowed.
A barrister for a class action against Radio Rentals has told the Federal Court the company's "strange" lease contracts may have been worded solely to avoid its obligations under the Uniform Consumer Credit Code.