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ASIC hits pause on Humm’s buy now, pay later products
The Australian Securities and Investments Commission has hit fintech Humm Group with an interim stop order barring it from issuing buy now, pay later products to new customers.
Quorn’s patent application for vegan burger falls apart
Marlow Foods, maker of popular meat-replacement product Quorn, has lost an application to patent a vegan burger that contains a non-egg binding agent, with IP Australia saying the recipe lacked inventiveness.
Judgment day looms in Ben Roberts-Smith defamation case
The judge overseeing defamation cases brought by accused war criminal Ben Roberts-Smith will deliver his long-awaited findings next week, ruling on whether allegations of civilian murder in Afghanistan against the country’s most decorated living soldier are substantially true.
Sydney fraudster Melissa Caddick dead, coroner finds
The New South Wales deputy state coroner has concluded that accused conwoman Melissa Caddick is dead, but questions remain about the circumstances of her death.
Spain to revive immunity claims in latest suits to enforce $166.7M arbitration awards
Spain has foreshadowed a fresh High Court challenge claiming it is immune from proceedings brought by a renewable energy company and a Deutsche Bank subsidiary to enforce arbitration awards totalling $166.7 million related to changes to its renewable energy policies.
Greenwashing, ESG next target for class action firms, says Clayton Utz partner
Class action firms and funders will set their sights on claims related to environmental, social and governance investing, says Clayton Utz’s new litigation partner Matthew Spain, but whether the game is worth the candle remains to be seen.
Destec can use evidence from MinRes feud for possible case against ex-director
Mining engineering company Destec has won its bid to use evidence produced in a dispute with Mineral Resources in considering whether to bring a new case against its former director over a lucrative transportation system.
Insurers challenge CIMIC win on coverage for Iraq bribery cases
Appeals and cross-appeals are flying over a judge’s finding that engineering services firm CIMIC Group can pursue insurance claims for costs arising from allegations it engaged in corrupt practices, including a $32 million class action settlement.
High Court won’t hear Clive Palmer appeal in $26.6M dispute over unpaid gas bill
The High Court has declined to hear an appeal by Clive Palmer’s Queensland Nickel refinery over a decision ordering it pay $26.6 million for natural gas charges.
Online traders win discovery in class action over risky CFDs
Online trading company CMC Markets has succeeded in accessing advice given to class action members who are seeking to recover 10 years’ worth of “significant” losses incurred while trading risky financial products on its mobile and web-based platforms.