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Facing Deloitte cross-claims, Dick Smith execs drag other directors into class action
Class Actions 2019-10-03 10:22 pm By Cat Fredenburgh

Former Dick Smith executives Nick Abboud and Michael Potts have pointed the finger at the defunct electronics retailer’s other directors in response to cross claims by auditor Deloitte, which is named in two shareholder class actions over the company’s collapse.

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Judge dismisses Ashurst partner’s dispute with ex-judge neighbour as ‘bordering on irrational’
Corporate 2019-10-03 9:05 pm By Amelia Birnie

A partner at Big Six firm Ashurst has lost his bid to stop liquidators taking control of his Point Piper home in a long-running dispute with his ex-judge neighbour, after parts of his case were dismissed as ā€œbordering on irrationalā€.

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Interpharma won’t challenge Precedex patent validity ruling
Intellectual Property 2019-10-03 8:54 pm By Cat Fredenburgh

Australian drug maker InterPharma will not appeal a ruling that dismissed its challenge to the validity of global pharmaceutical giant Pfizer’s patent for sedative drug Precedex.

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ASIC can use PwC partner’s evidence in case against Rio Tinto
ASIC 2019-10-03 8:20 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has won its bid to use evidence from US proceedings in its case against Rio Tinto alleging the mining giant misled shareholders about a Mozambique mining company purchased for US$4.2 billion.

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Appeals court finds ‘Diamond Joe’ Gutnick family’s $1 mining deal void
Restructuring & Insolvency 2019-10-03 4:45 pm By Miklos Bolza

An appeals court has upheld a ruling that found two firms previously run by Joseph “Diamond Joe” Gutnik and his family were insolvent, ending a long-running battle over hundreds of millions of dollars in mining assets.

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NAB to face $1.2M unconscionable conduct claim by Victorian property developer
Financial Services 2019-10-03 11:46 am By Miklos Bolza

A court has thrown out a breach of contract claim brought by two subsidiaries of property developer Minster Group against National Australia Bank, but found the bank must face a $1.2 million unconscionability claim over allegedly excessive fees.

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Ex-Norton Rose partner wants to appeal leave to appeal in long-running dispute
Employment 2019-10-02 10:27 pm By Amelia Birnie

Lawyers for Norton Rose Fulbright have flagged their ā€œvery real concernsā€ about further delays to a long-running dispute with a former partner, who has indicated the will try to appeal a ruling partially granting him leave to appeal a discovery decision in the case.

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Sydney private school caretaker wins $3.1M after catastrophic gas explosion
Employment 2019-10-02 4:19 pm By Amelia Birnie

At caretaker at a Sydney private school has been awarded $3.1 million in damages after he was seriously injured in a workplace gas explosion, with five defendants including building contractors, certifiers and gas suppliers all found to be equally liable.

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Battle ahead as Hanwha seeks to ‘strengthen’ solar patent after suing rivals for infringement
Intellectual Property 2019-10-02 4:15 pm By Miklos Bolza

Global solar panel manufacturer Hanwha Q CELLS wants to amend the patent behind its solar technology, more than six months after launching infringement proceedings against three rivals.

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University of Sydney wins IP rights case against ObjectiVision
Intellectual Property 2019-10-02 3:34 pm By Miklos Bolza

The University of Sydney has emerged triumphant in its long running battle over the intellectual property rights of a glaucoma testing device, with the Federal Court ruling against opthalmic diagnostic tool manufacturer ObjectiVision.

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