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Apple will take fight with Epic Games to the High Court
Apple plans to appeal the Full Federal Court's decision that Epic Games' misuse of market power lawsuit over it App Store terms should be heard in Australia because the case raises issues of "fundamental public interest".
$23.6M Vocation class action bill might have been ‘materially lower’, judge says
A judge has approved a $50 million settlement in a shareholder class action against failed training company Vocation and auditor PricewaterhouseCoopers, but questioned whether the $10.9 million commission and $12.75 million legal bill could have been "materially lower" had the case been run by one funder and firm instead of two.
Tradie briefs not the ‘Aussiest undies ever’ but made in China, rival says
The company that manufactures men's briefs under the brand name Tradie is being sued by a rival, alleging it misled consumers by claiming the underpants were the "Aussiest undies ever".
Instagoods takes trade mark fight with Instagram to Federal Court
Retail tech and dating start-up Instagoods has appealed a successful challenge of its Instadate trade mark registration by social media giant Instagram.
Forum Finance boss headed back to Australia to face $263M fraud claims, court hears
The director of Forum Finance, which has been accused by Westpac and Societe Generale of a $263 million fraud, is in Europe and will return to Australia over the weekend, although he has refused to tell his lawyer his exact location, a court has heard.
Second COVID-19 insurance test case to be decided by end of year
A COVID-19 business interruption test case that was filed in the Federal Court following a landmark loss for insurers in test case before the NSW Court of Appeal, will be determined along with any appeals by the end of the year, a judge has said.
Halifax auditor pleads guilty to criminal charges over auditing breaches
The auditor of stockbroker Halifax Investment Services, whose 2008 collapse left around $200 million in client funds trapped, has pleaded guilty to the first criminal charges brought over auditing services in Australia.
Arrium settlement was a ‘substantial compromise’, judge says
A settlement reached in a lawsuit by the liquidators of collapsed steel giant Arrium against 10 former company directors accused of insolvent trading has been approved by a judge, who noted that while the settlement amount was "substantial", the deal involved a "substantial compromise".
BHP asks High Court to weigh in on inclusion of foreign investors in class action
Global resources giant BHP Group is seeking special leave from the High Court to appeal a ruling that rejected its bid to exclude foreign investors from a shareholder class action over the 2015 Fundao dam disaster.
‘Maybe they should have thought about that before they kicked off a class action’: Judge baulks at Guvera proposal
A judge has rejected a request that he approve a settlement with the lead applicants in a class action by investors in failed music streaming platform Guvera that would dispense with the class action without notice being sent to group members.