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A judge has declined to set aside a travel ban against a former director of collapsed cryptocurrency platform Blockchain Global, noting that the company’s liquidators may have claims of up to $42.9 million against him.
McCullough Robertson has avoided a client’s bid for indemnity costs despite a judge’s finding the law firm waited an “inordinate” amount of time to withdraw a statutory demand for payment of a $237,000 legal bill.
On the eve of trial, rideshare giant Uber has agreed to pay $271.8 million to settle a five-year-old class action brought by taxi and hire car drivers in four states over the introduction of UberX.
A judge has chided the Transport Workers Union for announcing at the start of trial that it intends to seek lost union dues from Qantas, as a hearing kicked off over the amount of compensation the airline owes to ground crew, whose jobs were illegally outsourced at the peak of the COVID-19 pandemic.
A third law firm has filed a class action against International Capital Markets, after failing to reach an agreement on joining forces with two other firms that have agreed to consolidate their competing class actions against the Sydney broker over risky contracts for difference.
Law firm Gadens has strengthened its IP and defamation practice with the appointments of a partner and associate from rival Banki Haddock Fiora.
Blue Sky’s founder and former managing director Mark Sowerby has won orders requiring a director of US hedge fund Glaucus to produce documents relating to claims the short-seller shared information with market participants before releasing a report which sent Blue Sky’s shares into a tailspin.
Online florist Bloomex has been slapped with a $1 million penalty for "serious" misleading representations about its discounts and star ratings system.
Hall & Wilcox has recruited a mergers and acquisitions lawyer with cross-border expertise from EY to bolster its corporate practice in Sydney.
A shareholder class action against livestock exporter Wellard is seeking approval for a $23 million settlement which will see only $7.86 million go to group members, telling the court that the funder and law firm that ran the case have agreed to take a haircut on the deductions they're entitled to.