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Nuix failed to disclose disappointing results after $1.8B float, court told
Nuix had information in January 2021 which undermined the growth story presented to the market in the prospectus for its IPO, a court has heard on the first day of ASIC’s case against the tech company and a handful of former directors.
Ten wants to take spat over Lisa Wilkinson’s legal costs to Federal Court
Network Ten is pushing to transfer proceedings by TV presenter Lisa Wilkinson for coverage of her legal bill in a defamation case by accused rapist Bruce Lehrmann to the court hearing the former Liberal staffer's case.
EFTPOS provider Tyro wins restraint of trade case against rival Lightspeed
EFTPOS provider Tyro has won a year-long injunction against an authorised representative that pushed competing payment system Lightspeed on its customers, in breach of a restraint of trade clause in their contract.
Law firm set to profit ‘handsomely’ from GCO in Crown class action, should pay up, court told
Crown Resorts is seeking $10 million in security for costs from the law firm running a shareholder class action accusing it of lax anti-money laundering compliance, arguing the sum is justified in light of the firm’s potential recovery under a tiered group costs order.
Grocon’s system for identifying privileged docs ‘far from reliable’: judge
Grocon has taken another hit in its $270 million lawsuit against Infrastructure NSW over a stalled $2 billion Central Barangaroo development project, with a judge rejecting its claim of privilege over more than 15,000 documents.
India may take ruling over foreign state immunity waiver to High Court
The government of India has flagged a possible special leave application if it loses its appeal of a decision finding it can't avoid a $111.3 million arbitral award in a dispute with three Mauritian companies that invested in Indian satellites because it waived its foreign state immunity.
‘Judge’s judge’ sworn in to lead High Court
New High Court Chief Justice Stephen Gageler was lauded by a group of legal luminaries at a swearing in ceremony, where he was described as the “unbackable favourite” for the country’s highest legal post and “the judge’s judge”.
Optus faces government investigation, Senate inquiry into outage
The federal government has announced a review into a nationwide Optus outage that left millions of customers without coverage and affected triple zero calls.
‘Improper and delinquent’: Lawyer personally hit with costs of ‘doomed’ case
A Sydney lawyer has been ordered to pay the costs of a property dispute after a judge found his conduct meant the case was “doomed to fail” and caused the costs of the litigation to be wasted.