Nicholas Bolton has lost his challenge to Keybridge Capital’s move to remove him from the board of confectionary group Yowie, after he was found to have been validly removed as the CEO of Keybridge in March.
The law firm behind a class action against Origin Energy wants a 35 per cent contingency fee, arguing that a string of defeats in shareholders cases has “accentuated the uncertainty and complexities” of proving loss.
Carnival has lost an appeal of a finding in a class action that it was negligent in preventing a COVID-19 outbreak aboard the Ruby Princess cruise ship, but an appeal by the applicant over damages has also failed.
A company owned by pub baron and former KPMG partner Jon Adgemis has lost its bid to set aside a $5 million default judgment over a 2020 loan agreement.
A defects class action against Ford, which has been on foot since 2016, might end up at the High Court for a second time, a court has heard.
Actor Rebel Wilson has been sued by a UK production company that co-produced her film The Deb, claiming she “deliberately undermined” the movie’s distribution.
A judge has ordered the sales proceeds of Western Sydney properties linked to former Dyldam director Sam Fayad to be paid into court, saying there was an arguable case that the sales were intended to defraud creditors.
The judge who tossed a class action by Quintis’ shareholders should have found a restatement of assets would have materially affected the sandalwood company’s share price “as a matter of common sense”, a court has been told.
A decision this week from the International Court of Justice holding countries have an obligation to protect the climate from greenhouse emissions will open the door to innovative climate litigation, experts told Lawyerly.
The Full Court has rejected ASIC’s appeal of a ruling that fintech Finder did not need a financial services licence to sell its defunct cryptocurrency product, saying the product did not involve a debt for money.