Arnold Bloch Leibler

Elanor Funds Management's board on Friday unanimously recommended that securityholders reject the takeover offer and provided an expert independent report from Kroll Group that concluded the offer of $0.70 in cash per stapled security undervalued the fund.

Venture capital firm EVP has added 20 parties to a lawsuit seeking to recoup its $10.4 million investment in Strongroom AI, as a judge extended freezing orders against directors of the med-tech start-up.

CityLink has lost a bid to void toll roaming agreements with ConnectEast after it was ordered to repay $36 million in overcharged roaming fees, with a judge rejecting its arguments as contrary to City Link-specific legislation.

CBA-backed venture capital firm Wollemi has reached an agreement to resolve a trade mark dispute with the family office of Tesla chairwoman Robyn Denholm.

Eastlink operator ConnectEast has lost its bid for restitutionary interest after a judge found CityLink's operator overcharged tens of millions of dollars in toll roaming fees.

The shareholder leading a class action against failed fund manager Blue Sky Alternative Investments has lost a bid for a split trial it accepted was novel, despite arguing the usual course for trials in securities cases was "misconceived".

IC Markets has prevailed in a fight with the applicant in a class action against the brokerage firm, which sought to personalise a notice to group members advising them of the case.

Phoslock Environmental Technologies, which has produced hundreds of thousands of documents to federal police as part of an investigation of the company's China operations, must hand over the bundle to a class action.

A GFG subsidiary has lost its cross-claim in a battle with OneSteel's administrators over infrastructure assets at South Australia's Whyalla port, which is used to export the state's iron ore.

The liquidators of real estate investment company Global Capital Property Fund have expanded their suit alleging breaches of fiduciary duties in relation to a $50 million Queensland development, adding special purpose vehicles for several developments in Victoria.