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Venture capitalist Elaine Stead wants Australian Financial Review columnist Joe Aston to hand over documents connected to confidential sources, and says Aston can't rely on a journalist's privilege protecting the identity of informants.
Hotel booking aggregator Trivago has lost its challenge to a court ruling that it misled consumers over its ranking of travel accommodation, in what the consumer regulator hailed as a win for consumers and a warning to comparison sites.
The son of Banksia class action funder Mark Elliott, who has been accused of complicity in a fraudulent scheme to maximise the profits of the lawyers in the case, was young and inexperienced and didn't know his father's conduct was wrong, his barrister has told a court.
The NSW Court of Appeal has passed on the question of whether a judge can make a common fund order when a class action settles to ensure a certain return to litigation funders, but the issue is not going away, whatever the Federal Court's decision in a parallel case.
A routine practice by the funder behind the scandal-ridden Banksia class action of deleting emails, documented in a letter by his solicitors just days before his death, isn't consistent with the electronic record maintained in another class action in which he was involved, a court overseeing a trial in the case has heard.
Westpac has reached settlements in two separate US class actions over the bank's trading activity in the bank bill swap rate market and disclosures in relation to its compliance with Australia's anti-money laundering and counter-terrorism financing laws.
A judge has raised doubts about claims of loss and damage in a class action by members of superannuation funds operated by NAB units MLC and NULIS over alleged MySuper mismanagement, as he determines a challenge to whether the case was validly brought as a class action.
Facing an uphill battle to win approval for a $1.9 million settlement in a sham contracting class action against fundraiser Appco Group, a lawyer for the case has told a court there is no money left to pursue.
Federal Court Justices Jacqueline Gleeson and Simon Steward are safe and steady appointments to the High Court that are unlikely to disrupt the current culture of the bench and do nothing to assuage concerns about the opacity of the selection process.
The Morrison government has picked Federal Court Justices Simon Steward and Jacqueline Gleeson to fill the impending vacancies on the High Court.