Payments by bottler Schweppes Australia to US drink giant PepsiCo should be assessed as royalty income under tax law, the ATO has told the High Court in a high-stakes case.
A judge has said he is satisfied that GM’s concerns about a class action’s “circular” explanation of alleged design flaws in certain Holden vehicles are “not trivial”.
The builder contracted to carry out expansion works at Casey Hospital in Berwick has sued its insurer for refusing to cover $4 million in damages caused by a subcontractor’s delays.
Logistics company Qube can’t dodge a $71 million payment to subcontractor Martinus Rail, with an appeals court finding no error in an adjudicator’s finding that Qube’s payment schedule was “incomprehensible”.
Collapsed Sydney developer Dyldam has told a court that a liquidator’s claim for breach of directors’ duties is “hopeless” as the company was under a deed of company arrangement at the relevant time.
The fact that at least three funders are open to backing a franchisee class action against United Petroleum should doom the class action’s opposition to the petrol chain’s bid for $2.3 million in security, a court has heard.
On the first day of trial in the Tax Office’s case against a former EY partner accused of marketing a tax loss access scheme and pocketing $700,000 in the process, the court heard former clients were assured the scheme was “risky but not illegal”.
Tamworth Regional Council has won its bid to be joined to an environmental group’s appeal of the approval for the controversial Hills of Gold wind farm.
Gaming company Light & Wonder is facing a possible shareholder class action for allegedly misleading investors about the growth of its Dragon Train game, which Aristocrat claims its rival developed by misappropriating its trade secrets. Class action firm Phi Finney McDonald announced it is investigating a class action on behalf of investors who purchased Light…
A developer has been ordered to pay Merkon $2.4 million for construction work on a Hawthorn residential building, with a court finding that the outstanding costs were still payable despite the builder having a stake in the units.