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Inquiry called by Melissa Caddick’s parents ‘hanging over receivers like a threat’, court told
Restructuring & Insolvency 2023-04-28 3:39 pm By Cindy Cameronne

The parents of Sydney fraudster Melissa Caddick will seek an inquiry into whether receivers of her property have acted faithfully in managing the assets.

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Singer Katy Perry loses trade mark stoush with Aussie designer
Intellectual Property 2023-04-27 2:44 pm By Cindy Cameronne

In what a judge has dubbed a “tale of two women, two teenage dreams and one name”, US pop star Katy Perry has lost her bid to cancel the “Katie Perry” trade mark owned by an Australian designer and has been barred her from using her stage name to market clothing merchandise. 

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Hog’s Breath Cafe franchisees mull declassing bid in own class action
Class Actions 2023-04-26 2:38 pm By Christine Caulfield

The lead applicant in a franchisee class action against the Hog’s Breath Cafe restaurant chain is considering an application to declass the case it brought after losing a challenge to a $1.23 million security for costs order.

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On ‘third birthday’ of PwC class action, judge rails against slow progress
Class Actions 2023-03-21 8:33 pm By Cindy Cameronne

A judge has blasted the lack of progress in an investor class action against accounting firm PricewaterhouseCoopers and asset finance lender Axsesstoday over an allegedly misleading $50 million prospectus.

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Former JPMorgan head trader Mark McCabe charged with fraud
White Collar 2023-03-17 3:54 pm By Cindy Cameronne

A former JPMorgan executive has been charged with eight counts of fraud for allegedly misappropriating $940,350 from clients of his defunct companies, Guevara Capital and Online Trading Capital. 

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Broker loses appeal of 2014 banning order, again
Appeals 2023-02-21 3:11 pm By Cindy Cameronne

A mortgage broker has lost his challenge to a tribunal’s decision to uphold a lifelong ban by the Australian Securities and Investments Commission.

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NAB defeats unconscionable conduct case by vehicle finance brokerage
Financial Services 2022-10-14 9:40 pm By Sam Matthews

A judge has tossed a broker’s lawsuit against NAB and its former subsidiary FAST, finding the bank was entitled to terminate its accreditation over the use of a banned broker’s trail book.

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Franchisees in class action against Hog’s Breath Cafe lose appeal of $1.2M security order
Class Actions 2022-09-26 11:39 pm By Christine Caulfield

A potentially stultifying order for $1.23 million in security for costs in a class action against the Hog’s Breath Cafe restaurant chain has survived a challenge by the franchisees.

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Onus on franchisor to prove $1.2M security would not kill class action, Full Court told
Class Actions 2022-08-22 11:57 pm By Christine Caulfield

Fighting what they say is a stultifying $1.23 million order for security for defence costs in a class action, franchisees of Hog’s Breath Cafe have argued it is up to the restaurant chain to prove group members can pony up the dough.

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Nimble Money wins appeal in shareholder’s bid to peek at books
Financial Services 2022-08-08 11:03 pm By Cindy Cameronne

The largest shareholder in payday lender Nimble has lost its challenge to a decision blocking it from accessing company documents about an impending debt refinance, with an appeals court finding the investor’s concerns had “an air of commercial unreality”.

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