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In $36.5M row over alleged secret deal, LK Law founder files new appeal
Lawyer Jason Karas wants to challenge a judge's decision to issue a temporary stay of a ruling that he pay $36.5 million to his former business partner and law firm LK Law on the condition that he preserve his assets.
LK Law founder loses recusal bid, but wins stay of $36.5M judgment
Adelaide lawyer Jason Karas has failed in recusal application but has secured a temporary stay of a ruling that he pay $36.5 million to his former business partner and law firm LK Law.
Former LK Law founder must pay $41M in suit over secret sale
Adelaide lawyer Jason Karas must pay $41 million to his former business partner and law firm after he was found to have covertly negotiated to sell the firm’s Hong Kong-based entity while in the throes of ending the partnership.
ASIC loses appeal in crypto case against Finder
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. 
ASIC takes another company to court over cyber risk management
The Australian Securities and Investments Commission is taking a third swing at cyber enforcement proceedings, suing financial planner Fortnum Private Wealth after a breach saw the data of 9,000 clients published to the dark web. 
High Court finds Air Canada did not waive defence in passenger suit over turbulence
Air Canada did not waive a defence allowing it to cap damages at $240,000 in a claim by several passengers over alleged spinal and psychological injuries caused by turbulence on a 2019 flight, the High Court has ruled. 
Former Star CFO reaches settlement with ASIC
The former CFO of Star Entertainment has reached a settlement in ASIC's case accusing ten executives of breaching their duties in relation to the casino operator's lax money laundering compliance.
ASIC launches appeal in landmark case over Finder Wallet’s cryptocurrency
The Australian Securities and Investments Commission is challenging a decision that Finder Wallet did not need a financial services licence to sell its defunct cryptocurrency product.
In loss for ASIC, court finds AFSL not needed for Finder’s crypto product
In a loss for the Australian Securities and Investments Commission, a judge has found that comparison website Finder did not need a financial services licence to sell its cryptocurrency product Finder Earn because it was not a financial product.
Judge says settlement offers should operate as bulwark against costs in class actions
A judge has held that there could be favourable costs consequences for Carnival if its rejected $15 million settlement offer in the Ruby Princess class action turns out to be more generous than the ultimate damages award, departing from a previous ruling that so-called Calderbank offers do not operate in group proceedings.