Administrators of collapsed retailer Colette by Colette Hayman will not have to pay over $714,000 in rent after court ruled that a temporary rent freeze in light of the COVID-19 crisis was in the interests of the company’s creditors.
The High Court has quashed a search warrant obtained by the Australian Federal Police and used to raid a News Corp journalistās home, but did not go so far as to order the return or destruction of documents obtained in the raid.
Payday lender Cigno has lost a challenge to the corporate regulator’s first action under powers to prohibit ‘predatory’ financial products that targeted its model of short-term credit lending.
A leading barrister has been appointed by the NSW premier to head an inquiry to investigate the docking and disembarking of the Ruby Princess cruise ship, now linked to 18 COVID-19 related deaths.
Arguing that the court should not be “baulking at problems that have the potential to occur”, counsel for a class action against Ford is pushing back against a bid by the car maker to put the brakes on an upcoming virtual trial the company says will be too difficult and costly.
Sandalwood producer Quintis has agreed to settle two class actions by shareholders, but the claims against company founder Frank Wilson and auditor EY will proceed for now.
WA-based land developer Tina Bazzo and her partner Allen Caratti have failed in their challenge to a ruling that liquidators’ examinations should not be held in private despite a large scale ongoing criminal investigation of the pair.
Lamenting that he now has less flexibility to manage commission rates, a judge has called for legislative intervention to give courts authority to regulate funding arrangements at the outset of class actions, a power stripped from them by the High Court late last year.
A fair trial cannot be conducted in a virtual courtroom, the judge overseeing the criminal case against former NSW Labor ministers Eddie Obeid and Ian Macdonald has said in adjourning their hearing for five months.
Fashion designer Victoria Beckham has lost her opposition to two trade marks owned by Sydney-based skincare company VB Skinlab, despite IP Australia finding the former Spice Girl’s VB marks have a reputation in Australia.