A law firm is challenging an order that it pay $5.4 million in a class action against Macquarie Leasing as security for the lender’s costs, saying concerns about its borrowing capacity were “theoretical and speculative.”
A judge has rejected a shareholder’s bid to wind up investment firm Keybridge Capital, but allowed it to bring a derivative suit over a $4.75 million advance used for a director to purchase a Lake Como property.
A judge has ordered self-styled real estate mogul Sasha Hopkins to pay a $1.25 million penalty for luring investors to put their life savings into risky property developments.
A former Herbert Smith Freehills financial services expert has made the jump to MinterEllison, the eighth lawyer to join in a single month.
Two High Court cases weighing key issues for class action practitioners will likely push the trial in a shareholder proceeding against the collapsed Blue Sky Alternative Investments and auditor EY to early 2026.
International currency exchange company Travelex has won its opposition to three trade marks by blockchain travel company Travelx.
A former NAB employee has taken the bank to court alleging her employment offer was rescinded after her boss discovered she was pregnant.
A judge has approved the discontinuance of a class action against a Westpac subsidiary after the funder bowed out.
A banned financial advisor has landed himself in court after allegedly taking secret commissions from clients.
CBA has attacked two failed class actions’ “misguided” appeal, arguing that requiring companies to disclose incomplete information to shareholders would distort the market.