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ASIC brings action against Firstmac over alleged DDO breaches
In only the second case of its kind, ASIC has taken non-bank lender Firstmac to court over alleged breaches of design and distribution obligations in relation to its High Livez managed investment scheme.
Aristocrat wins $36M in patent infringement damages from pokies maker Konami
Gaming company Konami will cough up $35.9 million dollars to rival company Aristocrat Technologies next year, eight years after a judge found that it had violated Aristocrat’s patent for a slot machine with an improved jackpot feature.
High Court clarifies test for implied terms, says CoreLogic did not infringe photographer’s copyright
The High Court has found that property data analytics firm CoreLogic did not infringe a real estate photographer's copyright by uploading images from realestate.com.au to its platform, overturning a decision of the Full Federal Court.
Litigation privilege claim over Nine reporter’s emails denied in cavoodle defamation case
Nine has mostly lost its bid to shield documents produced under subpoena in a defamation case brought over A Current Affair's coverage of barrister Gina Edwards’ custody battle for famed social media pooch Oscar the cavoodle.
Courtenay House contractor pleads guilty over $180M Ponzi scheme
A former contractor of investment management fund Courtenay House who received over $670,000 in commissions from investors has pleaded guilty to two criminal charges after an ASIC investigation revealed the company duped 585 investors in a $180 million Ponzi scheme.
Dixon Advisory insurers lose bid to limit disclosure of plan details in class action
Two Dixon Advisory insurers have lost a bid to limit the details of insurance policies handed over to a class action purported to worth $463 million, after a judge’s ruled the collapsed wealth manager should disclose its insurance for liability in the case.
Court approves GCO in ‘junk’ insurance class action against Allianz
A judge has signed off on a group costs order in class action against Allianz over add-on car insurance that will give plaintiff law firms Johnson Winter & Slattery and Maurice Blackburn no more than 25 per cent of any resolution in the case.
Home builder admits to unfair clause banning bad reviews by customers
Property developer Fowler Homes has admitted that its standard contract included an unfair non-disparagement clause preventing customers from publishing negative reviews or other feedback without the company’s permission.
Barrister was scared to return to chambers after Nine’s ‘cavoodle caper’, court told
A Sydney barrister was embarrassed and afraid to return to chambers following Channel Nine’s allegedly defamatory coverage of her custody battle for famed social media pooch Oscar the cavoodle, a court has heard.
Cladding supplier fights to keep class action from accessing sales figures
The Australian supplier of alleged combustible cladding is opposing a class action applicant’s bid for information ahead of settlement talks on the quantity of cladding sold in the country between 2009 and 2019.