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Kumova extolled mining company in tweets then sold $24M in shares, defamation trial told
Defamation 2022-06-24 6:17 pm By Cindy Cameronne

Former Young Rich Lister Tolga Kumova sold $24 million worth of shares in mining company after publishing positive social media posts about its prospects, a court has heard in a defamation trial over allegations he engaged in insider trading and pumping and dumping. 

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Confidentiality no ‘excuse’ for Apple refusing to hand over docs in patent dispute, court told
Intellectual Property 2022-06-24 5:25 pm By Cindy Cameronne

An Australian non-practicing entity alleging Apple’s Touch ID and Face ID technology infringes its patents has accused the Silicon Valley company of refusing to comply with court orders to hand over documents.

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Law firm scolded by judge for ‘highly unsatisfactory’ social media post in Kumova trial
Trials 2022-06-23 9:53 pm By Cindy Cameronne

A judge has pulled up a law firm over a tweet it published about defamation proceedings brought by investor Tolga Kumova, telling a barrister during the trial Thursday to counsel his instructing solicitors about the “highly unsatisfactory” social media post.

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Investor Tolga Kumova admits to $4.8B valuation error in defamation row
Defamation 2022-06-23 1:44 pm By Cindy Cameronne

Former Young Rich Lister Tolga Kumova has admitted to publishing an inaccurate tweet about the value of a mineral resource owned by a zinc producer of which he was a director, agreeing at trial in his defamation case that he was off by $4.8 billion.

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Hutchinson’s ‘monstrous’ claim survives in case over $153M Port Melbourne development
Real Estate 2022-06-22 10:00 pm By Cindy Cameronne

Construction giant Hutchinson has succeeded in bringing claims against a related entity of a Port Melbourne property developer over a $153 million project after alleging the developer was a “company of straw” that had no assets.

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Woodside hit with third lawsuit over $16.5B WA natural gas project
Environment 2022-06-22 3:34 pm By Cindy Cameronne

The Australian Conservation Foundation has brought proceedings against oil and gas producer Woodside Energy, arguing its Scarborough gas project in Western Australia cannot go ahead until its climate impacts are assessed. 

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Fintech denies discriminating against ex-GC, says redundancy was genuine
Employment 2022-06-22 3:01 pm By Cindy Cameronne

The former general counsel of UK-based transit payment provider Littlepay was dismissed because her legal support was “problematic”, the fintech claims in response to allegations she faced bullying and discrimination upon returning to work after giving birth.

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Sparke Helmore had paralegal ‘at the helm’ of botched land sale, court told
Real Estate 2022-06-21 10:08 pm By Cindy Cameronne

Law firm Sparke Helmore negligently failed to alert a NSW developer to an imminent deadline for two land sale contracts in a troubled $30 million development because a paralegal, rather than a solicitor, was “at the helm”, an appeals court has heard.

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7-Eleven class action funder wins first-ever interim payment from settlement
Class Actions 2022-06-17 4:24 pm By Cindy Cameronne

A judge has granted a litigation funder for two franchisee class actions against 7-Eleven an interim payment to cover its costs ahead of a ruling on how much it can pocket from a $98 million settlement.

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‘Parlous situation’: Mascot Towers owners file court bid to sell troubled buildings
Construction 2022-06-17 4:51 pm By Cindy Cameronne

Owners of Sydney’s Mascot Towers are facing a “parlous situation” as they file an urgent court bid to sell the two buildings after $16 million was spent to repair structural cracks that made the apartments unliveable.

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