The High Court of Australia will tackle the question of whether injured plaintiffs in tort cases are entitled to damages for the future loss of superannuation and the age pension.
It might be in the glare of a government inquiry, but business is booming for Australian litigation backer IMF Bentham, which values its current caseload at $4.7 billion.
The Australian Securities and Investments Commission has banned a financial adviser for five years for failing to act in his clients’ best interests, the second action taken by the corporate regulator through a project that uses data to target bad life insurance advisers.
Westpac was responsible for the conduct of its in-house financial planner, who allegedly overcharged the bank’s own customers with excess premiums on life insurance, class action lawyers have told a court.
A former financial adviser for Charter Financial Planning has been permanently barred from providing financial advice by Australia’s corporate regulator after it found he deducted almost $67,000 in fees for advice he never gave.
A judge overseeing a class action brought by investors in a sports betting scheme has shot down a lawyer’s mid-trial bid that he recuse himself.
IP Australia has denied Google’s application for approval of a patent covering advertising price discounting, saying it was not a manner of manufacture and therefore not patentable.
A bitter court battle over the firing of a Norton Rose Fulbright employment partner in which the firm admitted it retroactively signed and dated a court document will soon head to mediation.
The Australian Patent Office has shot down a patent application covering throat lozenges by consumer goods giant Reckitt-Benckiser on a challenge by rival Sanofi-Aventis.
Squire Patton Boggs has brought a shareholder class action worth potentially $300 million against logistics software company GetSwift and its director, former AFL player Joel MacDonald, for providing inadequate disclosures and misleading investors with “overhyped” announcements about business contracts.