Online investment platform eToro has won its bid to rely on late expert evidence in ASIC’s first-ever action alleging breach of obligations in designing and selling financial products over high-risk contracts for difference.
A landmark finding that Apple and Google misused their market power will boost competition claims — including class actions — against other dominant digital market players and could prompt the ACCC to consider action, experts told Lawyerly.
In a major loss for the Australian Taxation Office, a High Court majority has found an agreement between US soft drink giant PepsiCo and Schweppes Australia to sell brands such as Pepsi and Mountain Dew in Australia was not subject to a royalty withholding tax.
The High Court has halved a $40,000 fine received by former Liberal MP Andrew Laming over three Facebook posts that breached electoral rules, finding the penalty should reflect the number of publications rather than the number of views.
Seven Network has secured a suppression order over court documents ahead of mediation in a lawsuit lodged by a long-time producer, with a judge agreeing media access to the case may “imperil” the settlement talks.
The Port Authority of NSW has won its claim for public interest immunity over six cabinet documents in a suit by a defunct sand importer over a lease agreement for a mulit-user facility at Glebe Island, with a judge finding they had little forensic value.
A judge has declined to order security in developer Gilridge Investments’ payment claim fight with Diamond Builders over a $5.3 million apartment project, saying the builder failed to show the penniless developer would not be able to cover its costs after completing the troubled project.
In a major win for two class actions and Fortnite maker Epic Games, a judge has found that Apple and Google misused their market power in running app stores and in-app purchase systems.
A court has ordered a stay of proceedings in a Melbourne property dispute, saying whether it could hear the case “better” than VCAT, as alleged by builder Brocon, was not the point.
The directors of payday lenders Cigno and BSF have filed for special leave to appeal a decision that found them liable for unlicensed credit activity, saying the case raises fundamental questions about the scope of accessorial liability.