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Sleeping Duck shareholder rejected $4M settlement in failed oppression suit
Securities 2024-09-04 11:32 pm By Andy Sidler

A Sleeping Duck shareholder has been ordered to pay the company’s costs on an indemnity basis in its failed oppression suit, with a judge finding that its decisions to reject Sleeping Duck’s buy-out offers of roughly $4 million were unreasonable.

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Whitehaven Coal shareholders ‘trapped’ after 2012 acquisition, class action trial told
Trials 2024-09-03 11:45 pm By Cindy Cameronne

Shareholders in Whitehaven Coal who helped inject $150 million of capital during a 2012 merger are “trapped” after the ASX-listed coal producer failed to abide by its side of the deal, a class action funded by mining investor Nathan Tinkler has alleged on the first day of trial.

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Judge rejects NABā€™s bid for class closure in Walton class action
Class Actions 2024-09-03 1:43 pm By Sam Matthews

The judge overseeing an $100 million class action against NAB over the collapse of Walton Construction has rejected the bankā€™s bid for soft class closure ahead of mediation.

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Pakistan to oppose India’s latest bid for ‘Basmati’ trade mark
Intellectual Property 2024-09-03 11:42 pm By Andy Sidler

The Pakistani government’s opposition to India’s attempt to register a composite ‘Basmati’ trade mark will go on despite filing delays, with a delegate finding it was in the public interest to allow the opposition.

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IP network startup wins injunction against employee who joined rival
Employment 2024-09-03 4:23 pm By Andy Sidler

A former employee of internet service provider Broadband Solutions has been slapped with an injunction restraining his use of company materials and engagement with competitors, with a judge finding it is likely he breached confidentiality clauses.

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Second class action against Quintis wants settlement half to cover legal costs
Class Actions 2024-09-02 11:02 pm By Christine Caulfield

Citing the significant time and costs invested in the litigation, the applicant in the second filed class action over the collapse of Quintis wants his half of a $4.37 million settlement with the sandalwood producer to fund ongoing costs in what remains of the case.

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Lawyer, as well as paid agent, can represent party in workplace dispute, FWC says
Employment 2024-09-02 11:25 pm By Sam Matthews

A full bench of the Fair Work Commission has found that a party may be granted leave to be represented by both a paid agent and a lawyer, rejecting an appeal by the CFMEU in a dispute with BMD Group.

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Tesla CEO Robyn Denholm did not use ā€˜Wollemiā€™ trade marks, court told
Intellectual Property 2024-09-02 11:04 pm By Sam Matthews

CBA-backed climate venture capital firm Wollemi says that Tesla CEO Robyn Denholm did not use ā€˜Wollemiā€™ and ā€˜Wollemi Capitalā€™ as trade marks ā€œat any point in timeā€, as it seeks to defeat Denholmā€™s appeal of a decision which rejected her family officeā€™s opposition to registration of the marks.

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Spain loses appeal over security after refusing to pay $200M judgment
Scott Robertson 2024-09-02 2:01 pm By Cindy Cameronne

The Kingdom of Spain must pay $56,000 in security to bring its challenge in a long-running dispute over whether it must pay a $200 million arbitral award to two renewable energy investors.Ā 

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Hyundai, Kia must produce docs to class action, can’t get by with ‘sample set’
Class Actions 2024-09-02 2:18 pm By Sam Matthews

Hyundai and Kia have been ordered to produce further documents to allow a class action to investigate the nature and extent of alleged engine defects, with a judge rejecting the car makersā€™ bid to produce only a sample set of documents.

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