The Morrison Government will ease responsible lending laws requiring banks to verify information from credit-seeking consumers, after the corporate regulator’s failed “wagyu and shiraz” case attacking Westpac’s lending practices.
Nationwide News and journalist Miranda Devine have agreed to pay a “substantial” sum to settle a defamation lawsuit brought by nine-year old Quaden Bayles over Devine’s retweets of conspiracy theories suggesting a video of Bayles posted on social media following a bullying incident were fake.
The Federal Court has provided clarification as to how the Morrison government’s JobKeeper scheme operates, in a ruling against Qantas Airways that found the airline had incorrectly applied the scheme and underpaid its staff.
A judge has ordered the Victorian government to hand over legal documents it weighed before implementing its COVID-19 curfew, in a suit brought by a Liberal Party member that says the curfew was unlawful.
The need to properly prepare a large commercial class action is not reason enough to relieve lawyers of COVID-19 restrictions aimed at protecting the health and safety of Victorians, the Federal Court’s chief judge has said in explaining why he denied a bid by the Melbourne-based legal team behind the Crown Resorts class action to have the case declared a priority.
Pharmaceutical company Boehringer Ingelheim has failed in its Federal Court challenge to a patent application for an injectable anti-parasite drug for livestock by a subsidiary of competitor Merck Sharp & Dohme.
Westpac has agreed to pay a whopping $1.3 billion civil penalty to resolve AUSTRAC enforcement action over the bank’s 23 million breaches of money laundering and counter-terrorism laws.
An appeals court has set aside an order requiring Alex Elliott, the son of the funder behind the Banksia securities class action, to give a “full and frank” explanation of his role in an alleged fraudulent scheme to inflate legal fees in the case.
The Queensland Supreme Court has shot down an “entirely speculative” bid by two Clive Palmer-owned companies to access information held by two law firms and a litigation funder, as the mining magnate mulls a lawsuit for potential breaches of a settlement reached in the Queensland Nickel liquidation proceedings.
The funder backing a shareholder class action against the directors of pharmaceutical firm QRxPharma will not seek to profit from a $7 million settlement in order to bring about a better return for group members, a judge has been told.