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Former Arrium group treasurer rejects liquidators’ ‘infected’ insolvency case
The former group treasurer of collapsed steel giant Arrium has hit back at claims brought by the company's liquidators that it was trading while insolvent, arguing the case had been 'infected' by evidence from an expert who was also a plaintiff in the case.
ACCC to sink allegations Samsung had no reasonable grounds for waterproof claims
The Australian Competition & Consumer Commission has retreated from its claim Samsung Electronics allegedly made false, misleading and deceptive representations when marketing the water resistant capabilities of its Galaxy smartphones without reasonable grounds.
Apple doesn’t have to produce info on Australian users in Epic Games competition case
Tech giant Apple will not be forced to hand over documents about Australian users to Epic Games ahead of argument on Apple's application to shut down the game maker's competition case, a judge has ruled, likening Epic's imprecise notice to produce to the "cheerful pastime of drift netting".
Boston Scientific hit with pelvic mesh class action
Medical device giant Boston Scientific faces a class action on behalf of women who allege they suffered debilitating injuries from the company's pelvic mesh products.
David Leyonhjelm loses appeal of $120,000 defamation award to Sarah Hanson-Young  
Former senator David Leyonhjelm has lost his appeal of a ruling ordering him to pay $120,000 to Greens senator Sarah Hanson-Young for defaming her in a series of interviews in 2018.
Full Court to hear CUB dispute with ATO over 1,500 tax docs
Carlton United Breweries has appealed a ruling ordering it to hand over almost 1,500 documents to the Commissioner of Taxation relating to an audit of the beer giant.
Court won’t save Greensill from ‘catastrophic’ expiry of $4.6B insurance policy
Embattled financial services firm Greensill Capital has lost an emergency bid for a temporary mandatory injunction that would have forced its insurer to renew trade credit policies covering $4.6 billion in client loans as it fights to avoid collapse.
Clough Limited can’t claim $15M in taxes from cancellation of employee entitlements, court rules
Construction company Clough Limited cannot claim over $15 million paid to employees for cancellation of their shares and options as a tax deduction, with a judge dismissing the Perth-based company’s appeal of a decision from the Commissioner of Taxation.
Teens’ class action warns of ‘catastrophic harm’ if Whitehaven coal mine approved
Trial kicked off Tuesday in a landmark class action brought by teenagers seeking to halt the expansion of a Whitehaven coal mine in NSW, with the barrister for the teens arguing catastrophe was likely if the expansion was blessed by the Federal Minister for the Environment.
Herbert Smith Freehills warned Arrium of insolvent trading risk, court told
Doomed iron and steel giant Arrium attempted to stave off its inevitable $2.8 billion collapse and put off negotiating with its lenders until the last minute despite warnings from its legal and financial advisors, liquidators for the company told the court.