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Court asked to find Retail Food Group class action exempt from MIS rules
Class Actions 2022-01-18 3:13 pm By Christine Caulfield

A class action against franchise giant Retail Food Group wants to head off any challenge to its funding agreement with a court order that the […]

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Banksia funder to be wound up, liquidators to probe potential claims against directors
Class Actions 2022-01-18 1:23 pm By Christine Caulfield

The litigation funder behind a scam to defraud members of a class action over the collapse of Banksia Securities has entered liquidation, and the funder’s […]

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AG pressed on constitutional validity of unpopular class action bill
Class Actions 2022-01-17 11:55 pm By Christine Caulfield

The federal Attorney General’s Department has faced calls to reveal the constitutional heads of power behind the latest class action reform bill that aims to […]

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Djokovic to leave Australia after losing court battle over cancelled visa
COVID-19 2022-01-14 10:46 pm By Christine Caulfield

Last update – Sunday, January 16 Tennis star Novak Djokovic’s challenge to the Immigration Minister’s decision revoking his visa was unanimously dismissed Sunday, clearing the […]

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The class action settlements that came under fire in 2021
Class Actions 2022-01-12 6:04 pm By Christine Caulfield

If evidence were needed that courts are not rubber stamping class action settlements, the scrutiny of multi-million dollar agreements in 2021 is proof positive that […]

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Mylan Australia challenges ATO decision over $1.2B Alphapharm deal
Corporate 2022-01-11 2:54 pm By Christine Caulfield

Mylan’s Australia unit is appealing decisions by the tax office to refuse deductions on interest paid under loans taken out by the pharmaceutical giant to […]

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Crown fined $1M by gaming regulator for flouting junket rules
Gaming 2021-12-23 10:19 pm By Christine Caulfield

Crown Melbourne has been hit with a $1 million fine by the Victorian gaming regulator — the second this year — for failing to comply […]

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Under ACCC scrutiny, IVF provider Virtus drops $45M Adora acquisition
Corporate 2021-12-17 3:52 pm By Christine Caulfield

IVF company Virtus Health has withdrawn its offer to acquire rival Adora Fertility from Healius, citing the competition regulator’s opposition to the takeover. Weighing the […]

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Class action claims EML Payments misled shareholders over money laundering concerns
Class Actions 2021-12-16 6:41 pm By Christine Caulfield

Payments processing company EML has been hit with a class action over its alleged failure to notify shareholders of concerns by Ireland’s central bank relating […]

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CBRE can’t dodge Trilogy Funds case over $34.8M valuation
Real Estate 2021-12-15 9:33 pm By Christine Caulfield

Commercial real estate giant CBRE Group has lost its bid to toss proceedings brought by fund manager Trilogy claiming the company negligently valued a Queensland […]

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