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A judge has lashed out at the legal team behind a class action against S&P over allegedly misleading credit ratings for filing hearsay evidence in support of an application to serve the ratings giant overseas, saying that "nobody who is a first year law student" would say the evidence was admissible.
Logistics software company GetSwift has tried to assure the Federal Court that an attempt to relocate to Canada is not for the purpose of avoiding pecuniary penalties and damages in civil proceedings brought by ASIC and a $50 million shareholder class action.
The states of Victoria and Queensland have joined two class actions over allegedly combustible cladding as group members, with the claims in the proceedings now exceeding $500 million.
Telstra is facing the second highest penalty ever imposed under consumer law for signing up Indigenous customers to post-paid mobile plans, with the ACCC alleging the telco exploited social and cultural vulnerabilities and caused "severe" financial hardship and distress, with one customer scared they would be incarcerated for not paying up.
The CEO of fintech company iSignthis turned down an offer by the Australian Financial Review to pay $30,000 and retract portions of an article he claimed falsely linked him to a money laundering scheme, but his defamation case against publisher Fairfax might not proceed to trial if the judge overseeing the case can help it.
A Sydney-based solicitor has hit News Corp with a defamation lawsuit over two Daily Telegraph articles relating to his divorce with artist Agnes Bruck that allegedly implied he was "ravaged by age and deafness" and thus unfit to practice law.
The lead applicant in a class action against Bayer over allegedly defective Essure contraceptive devices will ask the court to discontinue its claims against two makers of the controversial medical implants.
Property developer Grocon has "reluctantly" put its construction business into administration, blaming the NSW government's handling of the Central Barangaroo development project which has sparked a $270 million lawsuit in the NSW Supreme Court.
A judge has set aside a subpoena issued by venture capitalist Elaine Stead in her defamation lawsuit against Fairfax, saying subpoenas could not just be issued "willy nilly" to identify a journalist's confidential sources.
A Victoria Supreme Court judge hearing two competing class actions against Allianz Australia over "junk" insurance has asked the parties for feedback on what she should consider at a hearing on a request for a group costs order, which would allow the plaintiff lawyers to earn a cut of any settlement or judgment, the first such request made since Victoria legalised contingency fees.