US bank Wells Fargo and Florida-based aviation leasing company Willis Lease Finance will have to pay $500,000 for the relocation of leased aircraft engines to Virgin after losing a High Court bid to have the airline foot the bill.
A bid by the liquidators of collapsed engineering company Hastie Group for Lendlease to pay back funds it withdrew under bank guarantees is āuntenableā and āmisconceivedā, a court has heard in a $68 million case that also targets Multiplex, Grocon and John Holland.
A judge hearing a superannuation class action against NAB unit NULIS Nominees will not determine the correct approach for calculating damages at an initial trial scheduled for later this year.
The Full Federal Court has overturned a historic judgment that found the federal minister for the environment owed a duty of care to Australians under 18 to protect them from ‘catastrophic’ harm caused by the approval of the Vickery coal mine expansion.
A judge has questioned the $55,000 penalty jointly proposed by the parties in ASICās case against fintech company Squirrel Super over misleading statements about returns on property statements, saying it āmight be a bit light on.ā
Viterra has lost its battle to maintain freezing orders against two Australian business as it seeks to enforce an $18.7 million arbitration award against a related but separate Chinese company.
Doral Mineral Sands has successfully blocked a pre-action discovery bid by an irate shareholder over losses stemming from the $32 million Keysbrook mine sale, with the Western Australia Supreme Court finding that any case against Doral was “mere assertion, conjecture or suspicion”
The son of infamous Kings Cross personality John Ibrahim is challenging a recent judgment clearing publisher Nationwide News and reporter Brenden Hills of defamation over a āsensationalist and voyeuristicā Sunday Telegraph story.
Facebook has filed an application with the High Court seeking to overturn a judgment that found it can be sued in Australia for alleged privacy violations over the Cambridge Analytica scandal.
Nine Network has hit back at a defamation lawsuit filed by the CEO and founder of Euro Pacific Bank, Peter Schiff, arguing that he knowingly endorsed tax evasion and attracted criminals by situating the bank in “notorious” locations with lax reporting requirements.