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Sandalwood producer Quintis has agreed to settle two class actions by shareholders, but the claims against company founder Frank Wilson and auditor EY will proceed for now.
WA-based land developer Tina Bazzo and her partner Allen Caratti have failed in their challenge to a ruling that liquidators' examinations should not be held in private despite a large scale ongoing criminal investigation of the pair.
Lamenting that he now has less flexibility to manage commission rates, a judge has called for legislative intervention to give courts authority to regulate funding arrangements at the outset of class actions, a power stripped from them by the High Court late last year.
A fair trial cannot be conducted in a virtual courtroom, the judge overseeing the criminal case against former NSW Labor ministers Eddie Obeid and Ian Macdonald has said in adjourning their hearing for five months.
Fashion designer Victoria Beckham has lost her opposition to two trade marks owned by Sydney-based skincare company VB Skinlab, despite IP Australia finding the former Spice Girl's VB marks have a reputation in Australia.
Herbert Smith Freehills is reducing partner profit distributions as part of cost-cutting measures in the face of uncertainty wrought by the coronavirus pandemic, and staff salary reviews have been postponed by six months.
Two gynaecologists have lost their bid to dismiss a negligence lawsuit brought by a patient implanted with a Johnson & Johnson pelvic mesh device found by a judge overseeing a related class action to have been defective.
Event promoter TEG Live will refund $5 million to more than 5,000 sports fans who bought 20,000 tickets to see the Boomers play USA and Canada last year, after admitting it made misleading claims about seating at the basketball games.
Bracing for a slowdown in work as a result of the coronavirus pandemic and calling on its staff to "face this situation together", Norton Rose Fulbright is reducing pay and hours by up to 20 per cent for the majority of its 1000 lawyers and support staff in Australia.
The Australian Securities and Investments Commission has launched proceedings against investment firm Mayfair 101 Group and Mayfair Platinum accusing them of misleading advertising.