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The founder of fintech Humm Group has agreed to step down from the board as he brings a High Court challenge over a Takeovers Panel ruling that found unacceptable circumstances in relation to a $385 million takeover offer by Credit Corp.
Construction PRO
AkzoNobel has lost its bid to add new expert evidence after the conclusion of trial in a dispute with Inpex over allegedly defective anti-corrosive coating used on the $45 billion Ichthys natural gas project.
Tronox has won its case against former employee who was found to have published confidential information on LinkedIn, with the employee also losing a recusal application that cited the judge’s Indigenous heritage.
Group members in a class action against Philips over alleged defective sleep apnea machines may seek to rely on US law, with potentially “major consequences” for how much damages they could receive, a court has heard.
A class action that failed to prove 3A Composites and Halifax Vogel misled consumers about alleged flammable Alucobond cladding wants to notify group members they may be able to bring claims in Germany.
Sportsbet has won its argument about the scope of a waiver of privilege in a class action over unlawful betting services, but a judge has found that the lead plaintiff can still keep communications with Maurice Blackburn under wraps.
An animal rights group has told the High Court it retains copyright in footage it took while trespassing on a Victorian abattoir and that it “makes no sense” for the slaughterhouse to have rights to the footage.
Construction PRO
A landmark case over the expansion of Mach Energy’s Mount Pleasant coal mine will go to the High Court next week, marking the first time the court considers whether planning authorities have to consider the local climate impacts of fossil fuel projects.
Former Humm Group chair Andrew Abercrombie wants the High Court to overturn a Takeovers Panel ruling that found he misled investors about a takeover bid by Credit Corp.
The High Court has found derivative crown immunity did not allow the NSW government to enter into alleged anti-competitive agreements when privatising two ports, disagreeing with a decision in a related case by the ACCC.