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Shareholder class action collapses may up litigation risk, dampen plaintiffs’ appetite
Analysis 2024-02-12 11:17 pm By Christine Caulfield

The recent dismissal of two shareholder class actions after hard-fought trials is expected to lead to a recalibration of litigation risk and may discourage plaintiff […]

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Block Earner needed financial services licence to offer crypto product, court says
Cryptocurrency 2024-02-09 11:57 pm By Christine Caulfield

Digital currency exchange Block Earner needed a licence to offer its crypto-backed Earner product, a court has found in one of the first decisions on […]

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Worley shareholder class action takes another trip to appeals court
Class Actions 2024-02-07 11:09 pm By Christine Caulfield

It’s a case of déjà vu in a class action against engineering services company Worley, with shareholders heading back to the appeals court after losing […]

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AMA Group drops poaching case against three former execs
Employment 2024-02-07 3:44 pm By Cindy Cameronne

Car repair giant AMA Group has resolved its case against three former executives that sought to block them from poaching staff and customers for competing […]

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The Agency Group loses trade mark fight with real estate rival
Intellectual Property 2024-01-24 3:03 pm By Cindy Cameronne

Sydney real estate group The Agency has lost an appeal in its trade mark case against a rival, with the Full Federal Court upholding a […]

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CBA class action judge may weigh impact of two failed shareholder cases
Securities 2024-01-22 11:10 pm By Cindy Cameronne

Awaiting judgment in Federal Court class actions by shareholders over its money laundering risk disclosures, the Commonwealth Bank will ask the court to reopen the […]

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The things that raised judges’ ire in 2023
Courts 2024-01-17 11:54 pm By Sam Matthews

Judges were not afraid to vent their spleen in 2023, but lawyers were not the only object of judicial scorn last year, as judges waded […]

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ASIC loses novel case against Zurich over claims handling
Insurance 2023-12-21 3:56 pm By Cindy Cameronne

In a victory for Zurich Australia, a judge has tossed the Australian Securities and Investments Commission’s first-ever civil penalty case alleging an insurer failed to […]

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In class action re-do, Worley shareholders establish breach but fail to prove loss
Class Actions 2023-12-19 9:44 am By Christine Caulfield

Worley contravened the Corporations Act a decade ago when it failed to correct 2014 earnings guidance for several months, but shareholders in a long-running class […]

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Noumi in talks with ASIC on penalty for continuous disclosure breaches
Securities 2023-12-01 1:38 pm By Cindy Cameronne

Food manufacturer Noumi is trying to reach agreement with the Australian Securities and Investments Commission on a penalty to propose to the court for violating […]

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