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In a landmark recent decision, the Federal Court has confirmed that getting credits wrong or trying to contract your way out of giving them carries serious legal and commercial consequences, says Clayton Utz head of digital and intellectual property Timothy Webb and lawyer Chelsea Manansala.
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Collapsed developer FSM alleges Big Six firm Mallesons aided and abetted breaches of duty by its director, who allegedly entered into a refinancing agreement with Ray White Capital that included a 192 per cent interest rate.
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A judge has tossed a suit seeking to recover a $1 million deposit on a $20.7 million agreement to purchase the former John Adjemis-owned Hotel Diplomat in Potts Point, after the deal fell through over concerns about mold and water ingress.
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The owner of Darwin Port, Landbridge Group, has brought arbitration proceedings against the Australian government following threats that it will force the Chinese firm to sell the port.
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Making good on his threat to case manage the litigation with an "iron fist", a judge has set a trial date for early next year in four cases over the Port Botany Enfield Intermodal Logistics Centre.
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Granting a joinder bid in an unfair preferences case over the failure of carpentry firm Empryl, a judge has urged the Federal Court's rules committee to resolve a question hanging over liquidators seeking to bring proceedings against multiple defendants.
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As part of their global partnership promotions, Clifford Chance and Kennedys have elevated three Australian lawyers with expertise in real estate, infrastructure, and property insurance.
Mastercard's APAC head was "perfectly comfortable" with the threat of removal of discounted interchange rates to cut a deal with Coles to route transactions through its payment network, a court has heard.
In a fiery hours-long exchange with a top defamation barrister, Rebel Wilson has denied being a liar and denied any involvement in the creation of 'take down' websites targeting 'The Deb' producer Amanda Ghost.
Apple and Epic Games are back in court for a high-stakes fight over the orders a judge should make following his finding that the company engaged in anti-competitive conduct in the app marketplace.