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Judge calls out ‘ego and hubris’ in Murdoch defamation case
The judge overseeing a defamation action brought by Fox News CEO Lachlan Murdoch over a Crikey article that allegedly linked him to the January 6 riot on the US Capital has questioned the “scorched earth policy" taken by both sides.
ASIC brings first case over unfair insurance contract terms
The Australian Securities and Investments Commission has brought its first-ever case concerning unfair insurance contract terms, targeting Auto & General Insurance Company's standard form home and contents insurance agreement.
Downer EDI hit with shareholder class action over ‘accounting irregularities’
Infrastructure services company Downer EDI has been hit with a class action after revealing "accounting irregularities" that sent its share price tumbling.
ASIC wins case against Linchpin Capital directors over $17M in client funds
The Australian Securities and Investments Commission has won its case against four Linchpin Capital directors after a judge found they duped their clients into lining the directors’ pockets and benefitting the parent company.
ACCC casts doubt over claimed benefits of ANZ’s $4.9B Suncorp acquisition
The competition regulator has cast doubt on the public interest argument for the proposed $4.9 billion ANZ, Suncorp tie-up, saying Tuesday the nature, likelihood and extent of the touted benefits had not been substantiated.
Banksia class action silk’s wife offers $1.25M settlement
Companies linked to the wife of the disgraced Banksia Securities class action silk Norman O'Bryan have offered $1.25 million to settle proceedings seeking to recover a $21.5 million judgment for defrauded investors.
Bellamy’s says ex-CEO sacked for poor performance, not discrimination
Baby food producer Bellamy’s has hit back at a $400,000 lawsuit by its former chief executive officer, saying she was sacked because of “poor financial performance” and not because she complained about sex discrimination. 
Barry Nilsson poaches six from Norton Rose to boost insurance practice
Boutique law firm Barry Nilsson has snagged a Norton Rose Fulbright disputes partner who specialises in healthcare product liability class actions and his five-member team to join its Sydney office. 
Philips class action discontinuance shines light on ‘gap in access to justice’, judge says
A bid to drop a class action against Philips Electronics over recalled sleep apnea machines showed a gap in access to justice that was “very hard to fill” given the high cost of bringing large scale litigation, a judge has said.
Fraud charges against ailing Octaviar director dropped
Prosecutors have dropped its fraud case against the former chief financial officer of a unit of collapsed Gold Coast finance company Octaviar Investments, citing his poor health.