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Vector Corrosion not entitled to concrete treatment patent, judge finds
Concrete repair company Vector Corrosion Technologies has lost its bid for ownership of a concrete treatment patent held by three former employees who jumped ship, with a court finding the trio invented the technology after leaving Vector.
‘Intimate’ encounter with student no cause for ANU professor’s dismissal, FWC says
A Fair Work commissioner who previously slammed vaccine mandates as "medical apartheid" has found that an Australian National University professor was unfairly fired over a 30-minute "intimate" beach encounter with a student.
Lloyd’s wins docs to probe basis for Moray & Agnew’s $3.7M settlement
Lloyd's has won access to letters between Moray & Agnew and an insurer to test its claims that a $3.7 million settlement the law firm agreed to over the sale of apartments at a $105 million South Yarra complex developed by millionaire Harry Stamoulis was excessive and made to protect the firm's reputation.
Virgin scores High Court win in spat with Wells Fargo over leased engines
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.
Hastie’s claim against Lendlease in $68M suit ‘untenable’, court hears
A bid by the liquidators of collapsed engineering company Hastie Group for Lendlease to pay back funds it withdrew under bank guarantees is “untenable” and “misconceived”, a court has heard in a $68 million case that also targets Multiplex, Grocon and John Holland.
Judge shoots down damages questions for initial trial in NAB super class action
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.
No duty of care owed to kids by environment minister, Full Court rules
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.
ASIC’s penalty against Squirrel Super ‘might be a bit light on’, court says
A judge has questioned the $55,000 penalty jointly proposed by the parties in ASIC’s case against fintech company Squirrel Super over misleading statements about returns on property statements, saying it “might be a bit light on.”
Viterra loses bid for ‘drastic’ freezing orders to safekeep $18m arbitration award
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 defeats ‘speculative’ pre-action discovery bid over $32M Keysbrook mine sale
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"