Jan Cameron, founder of Kathmandu and former director of baby food company Bellamy’s, has abandoned her lawsuit alleging a Caribbean Islands-based trust didn’t owe capital gains tax on the 2018 sale of 2.5 million Bellamy’s shares.
A judge has signed off on a $56.3 million settlement in a class action against wealth manager Colonial First State that will see Maurice Blackburn earn $14.5 million in costs, saying it was a good example of the class action regime in operation.
A judge has hit pause on the ATO’s application for summary judgment in proceedings launched by ex-Bellamy’s Australia director Jan Cameron seeking declarations that a Carribean-based trust does not owe capital gains tax for selling shares in the baby food maker.
A former solicitor at the Victorian state revenue office who was dismissed after alleged sexual harassment and “scandalous staring” has won his appeal in a defamation case against the Victorian government, with the case being sent to a judge for trial.
A barrister for CEO and founder of Euro Pacific Bank Peter Schiff has raised concerns that Nine has filed an unlawful defence in a defamation case over a 60 Minutes episode accusing the bank boss of tax evasion and helping figures in organised crime.
Insurer Bond & Credit Company has denied it owes damages over the collapse of the Greensill group, saying it issued a trade credit policy at the centre of four lawsuits because the supply chain financing firm concealed its risks and made fraudulent misrepresentations.
The High Court has granted special leave to a cosmetic company to challenge a judgment finding it infringed Botox maker Allergan’s trade marks by marketing its topical creams as Botox alternatives.
Bayer has dropped its appeal to a ruling that quashed an extension for its patent covering an oral contraceptive, after the Full Court dealt drug makers a blow in two separate cases on how patent term extensions should be calculated.
Two psychiatrists who administered the controversial deep sleep therapy at the Chelmsford Private Hospital in the 1970s have won a Full Federal Court appeal in their defamation cases against publisher HarperCollins, with one of the cases being sent back for a re-trial.
A judge has lashed the “unsatisfactory” lack of cooperation between British automotive distributor Inchcape and Chubb in a $2.3 million dispute over coverage for a cyber attack which caused over $4 million in loss.