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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.
Corrs Chambers Westgarth is on a hiring spree, with the appointment of commercial litigation silk Charles Scerri QC and six corporate partners from MinterEllison.
According to close family and friends, Allens managing associate Kirsty Prinsloo’s argumentative nature destined her for a career in the law.
The founder of embattled investment group Mayfair 101, James Mawhinney, will argue that he should not be ordered to pay any penalty after the company was found to have misled investors about its financial products.