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Ex-Nuix CEO appeals loss in $180M case over options agreement
Former Nuix CEO Edward Sheehy is challenging his loss in a lawsuit claiming he's owed $183 million in options under a 2008 agreement with the technology company.
Court won’t allow suit over $200M in Lendlease purchase options
An appeals court has dismissed a challenge in a lengthy legal drama between the children of one of Australia’s richest families, finding that a lawsuit over $200 million in Lendlease purchase options was not brought in good faith.
Inpex loses bid for split trial in spat with insurers over Ichthys LNG defects
Japanese oil company Inpex has lost its bid for a split trial in a dispute with insurers AIG Australia and Mitsui Sumitomo over coverage for litigation related to defects at the $45 billion Ichthys liquified natural gas project in the Northern Territory.
Judge doubts Scenic Tours’ de-classing bid in cruise class action
A judge has questioned a bid by cruise operator Scenic Tours to water down a class action brought over a series of European cruises that went ahead in 2018 despite a record-breaking drought that saw river levels drop so low they became impassable.
United Petroleum franchisees can’t stay lawsuits in light of class action
A judge has declined a bid by former United Petroleum franchisees to stay two Federal Court proceedings in light of a class action against the petrol giant over the introduction of loss-making Pie Face stores, finding the suits have little in common.
‘Court is not a place for their sport’: Judge slams stoush between funder, class action applicant
A judge has ordered a litigation funder and the lead applicant in a settled class action to personally mediate a stoush over expenses, saying he doubted the applicant's $1.2 million claim and said the court is "not a place for their sport”.
Sparke Helmore wins reversal of $285,000 negligence judgment
An appeals court has thrown out a $285,000 negligence judgment against Sparke Helmore over two sales contracts worth $1.5 million and rejected a NSW developer’s attempts to squeeze the law firm for a heftier damages bill.
BCC loses appeal over $8M trade credit policy to Phoenix financier
Insurer Bond & Credit Company has lost its appeal of a decision ordering it to indemnify an Australian non-bank lender that provided $8 million in trade finance to companies in Phoenix Group shortly before its collapse.
Vannin Capital wins $44.5M judgment against Clive Palmer companies
Clive Palmer's Queensland Nickel and three other Palmer-related entities have been ordered to pay $44.5 million (US$30.8 million) to litigation funder Vannin Capital for defaulting on a loan for a private jet.
Nuix ex-CEO loses $180M case over options agreement
Nuix has defeated a lawsuit by ex-CEO Edward Sheehy alleging he was owed $183 million in options under a 2008 agreement, with a judge finding the options could only be exercised if the company was sold.