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Law firm set to profit ‘handsomely’ from GCO in Crown class action, should pay up, court told
Crown Resorts is seeking $10 million in security for costs from the law firm running a shareholder class action accusing it of lax anti-money laundering compliance, arguing the sum is justified in light of the firm’s potential recovery under a tiered group costs order.
‘Harry is not Barry’: McDonald’s loses trade mark case against Hungry Jack’s
A judge has rejected McDonald's claim that Hungry Jack's Big Jack burger infringed its Big Mac trade mark, but found that Hungry Jack's misled consumers by boasting that its burger had 25 per cent more beef.
Mamamia founders win client file from lawyer in negligence case over $16M Sydney mansion
The founders of news website Mamamia have secured access to their client file from a former HWL Ebsworth partner, who is accused of professional negligence in his handling of a dispute with the landlord of the couple's $16 million Bellevue Hill mansion.
Unfunded class action by Sydney townhouse owners dodges security for costs
A judge overseeing a class action by the owners of lots in a townhouse development in the Sydney suburb of Alexandria has rejected an application for security for costs, noting the case has been brought by individuals who stand to lose their properties if they fail to pay costs.
ASIC can’t temporarily block payday lenders from charging fees
The Australian Securities and Investments Commission has lost its bid to temporarily restrain payday lenders Cigno and BSF Solutions from enforcing loan fees against 7,000 customers, with a judge finding an injunction could destroy their businesses.
‘You’ve got to learn to take yes for an answer’: Judge not inclined to seek Full Court’s view on solicitors CFO
The judge overseeing a class action against collapsed investment manager Blue Sky has said he would not be inclined to seek clarity from the Full Court on whether the court has the power to make a solicitors common fund order unless one of the defendants raised a challenge.
‘Great distance’ between sides in AUSTRAC’s case against Star, court told
Star Entertainment has made admissions in AUSTRAC's action alleging non-compliance with anti-money laundering and counter-terrorism financing laws, but there are still substantial issues in dispute, a court has heard.
Santos barred from Barossa Gas pipeline works near Tiwi Islands
Energy company Santos can begin construction of a pipeline for its $5.6 billion Barossa Gas project but has been barred from any work within 70km of the Tiwi Islands.
Gilbert + Tobin seals the deal to lead Jaguar class action
Gilbert + Tobin and the funder backing a class action against Jaguar Land Rover over allegedly defective diesel filters have given an undertaking that they won't seek more than 25 per cent of any settlement or judgment, sealing the deal to run the case after triumphing in a carriage contest.
Ford scores partial win in class action appeal over defective PowerShift transmissions
US car giant Ford has partially succeeded in its challenge to a judgment that found it owed more than $6,800 to the lead applicant in a class action over defective PowerShift transmissions, but the High Court may ultimately decide how damages should be calculated under the Australian Consumer Law for reduction in value.