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Mayfair 101’s James Mawhinney says he should not face penalty in ASIC case
The founder of embattled investment group Mayfair 101, James Mawhinney, will argue that he should not be ordered to pay any penalty after the company was found to have misled investors about its financial products.
Sumo Power fined $1.2M for misleading consumers
Victorian electric utility Sumo Power has been fined $1.2 million for luring customers with the promise of discounts and low rates only to jack up their prices months later.
Payday lender Cigno loses bid to overturn ASIC’s short-term credit lending ban
Payday lender Cigno has lost its appeal of a ruling which upheld ASIC’s first product intervention order banning the use of short-term lending models with “excessive” fees.
S&P class action applicant resists paying security for ratings agency’s costs
A fight is looming over a bid by S&P Global for a class action applicant to pay security for the legal costs of defending the litigation, with the applicant arguing it shouldn't have to fork over anything.
Ben Roberts-Smith defamation trial adjourned as COVID-19 flares in NSW
Trial in the defamation case by accused war criminal Ben Roberts-Smith has been adjourned for three weeks after COVID-19 restrictions prevented witnesses from travelling to Sydney and national security concerns were raised regarding Afghani witnesses set to give evidence.
Court finds Ford PowerShift cars defective, in victory for class action
In a win for a long-running class action against US auto giant Ford on behalf of owners of 70,000 vehicles, a judge has found that cars installed with PowerShift transmissions were defective.
ACCC loses competition case against NSW Ports over 50-year deal with state
The ACCC has lost its regulatory action against NSW Ports alleging a 50-year agreement with the state, signed when Port Botany and Port Kembla were privatised in 2013, was anti-competitive.
Liberal politician Andrew Laming sues ABC journo Louise Milligan over tweets
Liberal party politician Andrew Laming has hit ABC Four Corners journalist Louise Milligan with a defamation lawsuit over allegedly “sensational, accusatory and spiteful” tweets intended to “irrevocably damage” his reputation.
‘Trouble and harassment’: Appeals court won’t revive Palmer’s $263M suit against CITIC
Clive Palmer and his company Mineralogy have lost a challenge to a Western Australia Supreme Court decision staying a $263 million lawsuit against Hong Kong-based CITIC, with an appeals court finding the mining giant's decision to abandon and relitigate matters amounted to "unjustified trouble and harassment".
Pop star Katy Perry wins privilege spat in trade mark lawsuit against designer
US singer Katy Perry has won a ruling shielding communications with lawyers from 2009 in a trade mark dispute with Australian fashion designer Katie Perry.