ASIC may end exemptions for law firms running class actions under conditional costs schemes from complying with registration and licensing requirements that were put in place as part of the federal government’s reforms targeting litigation funders.
Media companies seeking access to the ABC’s unredacted defence in a now-settled defamation case brought by Christian Porter told a judge the principle of open justice required that the pleading be made public, while the former attorney-general argued there was no “superior” public interest in airing the document.
Convenience store chain On The Run has filed a bid for law firm Adero Law to take down surveys published on its website allegedly aimed at collecting registration data from group members in an underpayment class action against the company.
A Sydney-based broker is facing a class action investigation on behalf of customers who bought binary options over a six-year period, after the Australian Securities and Investments Commission banned the risky derivatives earlier this year after finding they were likely to cause “significant detriment”.
Convenience store chain 7-Eleven has succeeded in having Seven Network’s ‘7NOW’ trade mark removed for non-use, with an IP Australia delegate finding links to services on the media company’s website did not amount to use.
A self-described “citizen journalist” who publishes “cynical and cranky” opinions about the Australian Stock Exchange on the Twitter account Stockswami cannot claim journalist privilege to protect his source, a judge has found.
Western Power was negligent in causing the January 2014 Perth Hills bushfire which destroyed 57 homes, an appeals court has found, putting the state-owned electricity company on the hook for the majority of the damage caused to members in the group action.
A Melbourne law firm has triumphed in a lawsuit by a former client that accused it of breaching its fiduciary duty in “hard-fought” litigation over a $24.5 million East Melbourne development.
Media giant Nine has paid more than $150,000 in fines and will repay subscribers and advertisers $450,000 for allegedly slapping them with excessive payment surcharges on credit card transactions.
Russian billionaire Roman Abramovich has hit publisher HarperCollins with a defamation lawsuit over a book which allegedly implied the businessman had a corrupt relationship with Russian President Vladimir Putin.