The lead applicant in a class action against Bayer over its allegedly defective Essure contraceptive devices has won court approval to drop her consumer law claims against the German drug maker, with a judge agreeing that the plaintiff’s defect and negligence claims had a better chance of succeeding.
Racing NSW CEO Peter V’landys AM has lost his defamation case against the ABC, with a judge rejected allegations a 7.30 segment, which revealed racehorses were being slaughtered in violation of industry rules, was defamatory.
The Australian Securities and Investments Commission has launched court proceedings seeking to wind up investment manager PE Capital Funds Management, whose trustee Endeavour Securities has connections to collapsed financial services company Linchpin Capital, as well as four of its unregistered managed investment schemes.
A judge has denied ASIC’s request that the court hear its case against RI Advice in November, giving the IOOF unit more time to respond to the 800-page expert report filed by the regulator in support of its case that the company lacked adequate cybersecurity systems.
The Australian Securities and Investments Commission has banned the former managing director of collapsed financial services provider Theta Asset Management from providing financial services for four years, after a court hit the company with a $2 million penalty for issuing defective product disclosure statements for a property investment scheme targeting retirees.
A judge has temporarily adjourned former attorney-general Christian Porter’s defamation lawsuit against the ABC over its coverage of historic rape allegations pending the outcome of a separate legal challenge over whether barrister Sue Chrysanthou SC can represent him in the case.
Telstra has been fined $50 million for using unconscionable tactics to sign up more than 100 Indigenous customers with post-paid mobile plans they didn’t understand and could not afford, the second highest penalty ever imposed for consumer law violations.
The director of building company Modscape has lost his bid to access Gadens’ advice concerning an allegedly false and malicious letter sent to the Victorian Building Authority that questioned his financial probity.
Crown Resorts has struck a deal with the NSW Independent Liquor and Gaming Authority to make all gaming in its casinos cashless to combat money laundering, with the regulator saying its Barangaroo casino in Sydney may open its doors by the end of this year.
The woman bringing court action seeking to stop Christian Porter’s senior barrister from acting for the former attorney-general in his defamation case against the ABC has attacked suggestions that she strategically delayed bringing the conflict of interest challenge.