A breakdown in the relationship of two high-flying friends — former senior ANZ executive David Carr and Barclays top banker Ivan Ritossa — was not a reason to order the winding up of the pair’s property investment trust, a court has found.
CBA-backed climate venture capital firm Wollemi says that Tesla CEO Robyn Denholm did not use āWollemiā and āWollemi Capitalā as trade marks āat any point in timeā, as it seeks to defeat Denholmās appeal of a decision which rejected her family officeās opposition to registration of the marks.
The Australian Grand Prix Corporation will pay $2.84 million in damages for losses incurred by concert organisers for the cancellation of the 2020 Melbourne Formula One cup and a related Robbie Williams concert during the COVID-19 pandemic.
ASIC has won its bid to appoint receivers to a managed investment scheme run by Keystone Asset Management after expressing “grave concerns” that investor funds were used to pay sports stars and buy a $4.3 million home for its former director.
The High Court has been asked to overturn a Full Court decision finding lawyers can take a cut from a class action settlement under a solicitorsā common fund order and to finally settle the question of whether the court has the power to issue common fund orders at all.
Two judges have declined to award carriage of a class action against International Capital Markets over risky derivative products to a firm accused of plagiarising its rivals’ pleading.
AFL player Cyril Rioli has launched legal action in the Federal Court against Hawthorn, accusing his former club of race discrimination in breach of the Australian Human Rights Act.
Investment manager Merricks Capital has resolved its case against a former managing director and two employees, who left the firm for a boutique run by financial commentator Peter Switzer and his son, Marty.
Lawyers are allowed to take a cut from a class action settlement or judgment under a so-called solicitorsā common fund order, the Full Federal Court has ruled, saying they are a permissive use of the courtās power.
Fashion retailer Mosaic Brands has denied claims by the consumer cop that it failed to deliver hundreds of thousands of products to customers within advertised time frames, saying the delays were reasonable given COVID-19 and the failures of logistics and delivery partners, including Australia Post.Ā