Insurers have won a challenge to a declaration that engineering firm CIMIC could make claims under policies for costs arising from corruption cases, including a $32 million class action settlement.
An appeals court has found that a solicitor’s caveat over his bankrupt client’s property was valid, after the client agreed to mortgage his property as security for up to $100,000 in legal costs, saying it was the only binding costs agreement they had.
A Sydney concert promoter has lost his appeal against former Nine unit TEG Live, with an appeals court agreeing that his idea to promote a 2013 Australian tour by English-Irish boy band One Direction was not ‘unique’ enough to be confidential information.
A class action against Volkswagen over allegedly deadly Takata airbags has failed a second time after an appeals court found “a merely speculative” risk of rupture was not enough to find the vehicles unacceptable.
A private investment fund has won its claim as a secured creditor over $2 million in research and development tax refunds that a court previously found should go to employees in a fight over funds remaining following the collapse of fintech Spitfire Corporation.
An appeals court has dismissed a challenge in a lengthy legal drama between the children of one of Australia’s richest families, finding that a lawsuit over $200 million in Lendlease purchase options was not brought in good faith.
Insurer Bond & Credit Company has lost its appeal of a decision ordering it to indemnify an Australian non-bank lender that provided $8 million in trade finance to companies in Phoenix Group shortly before its collapse.
AMP Capital Investors has won a property spat with insurance broker Willis Australia, which a judge found was not entitled to withdraw a notice to take a lease of office space at Angel Place on Pitt Street in Sydney’s CBD.
Opposition leader Peter Dutton has dropped a High Court appeal seeking to overturn a Full Court judgment that found a tweet by refugee activist Shane Bazzi labeling him a “rape apologist” was not defamatory.
An appeals court has tossed an appeal in litigation between members of the embattled Binetter family, founders of Nudie Juice, over a $1 million loan given by Holocaust survivor Ida Wolff to her nephew Ronald Binetter.