Harvey Norman says it should not be fined more than $24 million for running misleading ads touting interest-free financing, telling a court it should not be punished for “unattractive” remarks its founder made in the media about the legal system.
ASIC on Thursday pushed for penalties totalling $85 million against Harvey Norman and Latitude Finance, after an appeals court found the retailer’s ads touting interest-free financing were misleading.
MinterEllison has lured a leading corporate law partner away from King & Wood Mallesons to lead the firm’s private equity practice.
A judge has declined to order US-based animal genomics company Scidera to file a position statement in its bovine gene patent infringement suit and said she was “running out of patience” after unsuccessful strike-out and summary dismissal applications by the defendants.
The applicant in a class action against AMP wants to amend the case five years in and three months out from trial, but a judge has warned he will look dimly on any changes that disrupt the evidence planned for the hearing.
Alinta Energy has won an urgent injunction against former contractors working on the Wagerup power station in Western Australia, saying delays on the project have caused daily losses of $137,000 in revenue since mid-July.
ASX-traded Structural Monitoring Systems has been barred from sacking its CEO after he launched whistleblower proceedings against the aerospace company.
The receiver for Brazilian mining company Atlantic Nickel has prevailed in a second attempt to stay a case by Mining Services International, which brought a $1 billion claim over a terminated sale of a mine in Santa Rica.
Mining services company Golding Contractors claims Sanjeev Gupta’s Liberty Primary Metals owes $106 million for work performed for Whyalla Steelworks, and has filed winding up proceedings.
Animal drug company Zoetis has lost its bid for summary dismissal of claims that it infringed US-based animal genomics company Scidera’s bovine gene patent, with a judge saying its novel arguments were not so clear-cut and needed to be worked out at trial.