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Ex-Vocus chairman charged with insider trading
Former Vocus chairman Vaughan Bowen has been charged with two counts of insider trading for allegedly offloading 5.6 million company shares while in possession of knowledge that a private equity firm would pull its $3.3 billion takeover offer for the telco.
Katy Perry wants to withdraw ‘wrong’ admission in trade mark spat with designer
US singer Katy Perry is seeking to withdraw an admission that licensing her trade mark to Target and Myer constituted use, saying it was plainly “wrong” after the Full Federal Court held an owner who authorised use of a mark was not liable for direct infringement.
Cross-claims make new case an abuse of process, Isuzu tells court
Truck company Isuzu has asked a court to shut down an $18 million lawsuit by Directed Electronics alleging copyright infringement, arguing that its own cross-claims --which substantially overlap with allegations in a 2017 case that went to trial -- made it an abuse of process.
Brother of NBA star wins $550,000 in defamation damages against sister
The sister of NBA star Ben Simmons has been ordered to pay $550,000 in damages to half-brother Sean Tribe for a series of Tweets alleging Tribe sexually molested her as a child.
Class action probe results in redress scheme for women injured by disgraced doctor
Hundreds of women who suffered “chaos and devastation” at the hands of former surgeon Emil Gayed will be entitled to compensation after class action law firm Slater & Gordon negotiated with the state government to secure a redress scheme.
Judge slams government for lacking ‘common courtesy’ in Beetaloo climate change case
A judge has rebuked the Morrison government for approving a gas exploration contract with a subsidiary of Empire Energy in the Beetaloo basin without notifying the environmental organisation leading a climate change lawsuit over the project.
Judge rejects first ever bid for contingency fees in class action
Saying the interests of class action members "must be given primacy", a judge has rejected the first bid for a group costs order in a class action since contingency fee legislation passed in Victoria.
Judge says MIS regulation ‘doesn’t work’ with class action regime
A Federal Court judge has taken a swipe at new regulations that require class action funding arrangements to be registered as managed investment schemes, saying it was difficult to reconcile the new rules with the class action regime.
Hancock Prospecting loses bid for expanded trial in Rinehart family feud
Gina Rinehart's Hancock Prospecting has failed to persuade a court to hold an expanded separate trial on the alleged wrongdoing of the mining magnate in a spat over the Hope Downs iron ore mine, with a judge finding the proposal could extend the already ten-year legal battle.
NSW Police launch investigation into Forum Finance
The NSW Police have commenced an investigation into Forum Finance and director Bill Papas, which have been accused by Westpac, French investment bank Societe Generale and Japanese bank SMBC of a $400 million fraud.