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Full Court decision could ensnare buy now, pay later schemes, High Court told
Payday lenders Cigno and BHF have filed High Court challenges to a judgment which found they could not bypass lender obligations contained in the Credit Code, warning the judgment could subject buy now, pay later schemes to the Code.
UGL drops challenge after unions agree not to fund class action
In the wake of a landmark judgment that held class actions are not managed investment schemes, engineering giant UGL has given up its case against two unions that sought to block them from funding an underpayments class action.
William Inglis & Son waived privilege over Norton Rose Fulbright emails in land spat
Australia’s oldest thoroughbred auctioneer William Inglis & Son waived legal professional privilege over advice from its solicitor Norton Rose Fulbright over contamination of land it bought in 2009, a judge has found.
ASIC triumphs in appeal against payday lenders Cigno, BHF
ASIC has won an appeal of a judge’s decision that found Gold Coast-based payday lenders Cigno and BHF did not need a licence to issue loans to hundreds of thousands of consumers.
Judge signs off on 40% cut for law firm in Arrium class action
A judge has approved a 40 per cent group costs order for the law firm that's running a class action against KPMG and former directors of collapsed mining company Arrium, the highest approved since the state began allowing lawyers to earn a cut of class action awards.
Funder may walk if 40% group costs order rejected in Arrium class action
A funder that's helping foot the bill in a class action against Arrium's former directors and KPMG may withdraw support if the law firm that's running it is not granted an order awarding it 40 per cent of any award or settlement.
Google can’t shut down Epic Games’ misuse of market power case
Google has failed in its bid to stay a competition lawsuit brought by Epic Games, after failing to show that the Fortnite game maker would not be disadvantaged if the case were heard in California instead.
Arrium class action plaintiffs can’t delay hearing on group costs order
The Victorian Supreme Court will push ahead with a hearing for a group costs order in a class action by Arrium shareholders despite requests by the applicants that it be put off until after judgment is issued on the second-ever group costs order request.
Google says its bid to stay Epic Games lawsuit not the same as Apple’s
Google has urged a court to stay a competition lawsuit brought by Epic Games, saying new evidence showed the Fortnite game maker would not be disadvantaged if the case was heard in California, as the Full Court found it would in a similar challenge by Apple.
Halifax investors file Full Court appeal to boost recovery
Approximately 1,000 investors of collapsed stockbroker Halifax Investment Services have challenged a court decision concerning the date of the realisation of their investments which decreased the amounts they could recoup from the company's liquidation.