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Class action over risky CFDs wins access to customer screening data
Class Actions 2025-05-12 11:06 pm By Andy Sidler

A class action against CMC Markets has won access to data thought to reveal that approximately 2,500 customers who failed screening tests for risky financial products were nevertheless permitted to trade. 

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Court orders HCF to pay $750K for misleading life insurance term
Insurance 2025-05-08 11:44 pm By Julia Kanapathippillai

HCF Life insurance has been hit with a $750,000 penalty for including a pre-existing condition term in a life insurance policy, which a judge found was likely to mislead.

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Sky News loses appeal in case of ‘wholesale copying’ by media monitor Isentia
Intellectual Property 2025-04-16 11:33 am By Christine Caulfield

An appeals court has dismissed Sky News’ challenge to a ruling that media monitor Isentia was not liable for copyright infringement despite “wholesale copying” of content for government clients.

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Construction PRO
Special Gold liquidator can advance claims against Dyldam
Construction 2025-04-16 11:42 pm By Cat Fredenburgh

A judge has ruled the liquidator of Special Gold can advance claims against Dyldam Developments, which the collapsed Sydney developer has called “hopeless”.

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Construction PRO
Dyldam says Special Gold liquidator’s claims ‘hopeless’
Restructuring & Insolvency 2025-04-02 11:44 pm By Andy Sidler

Collapsed Sydney developer Dyldam has told a court that a liquidator’s claim for breach of directors’ duties is “hopeless” as the company was under a deed of company arrangement at the relevant time.

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High Court asked to find India can’t dodge $111.3M arbitral award
Arbitration 2025-02-28 11:00 pm By Andy Sidler

The High Court has been asked to overturn a ruling that found India was immune from a suit seeking to enforce a $111.3 million arbitral award because it did not involve a ‘commercial’ matter.

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Class action fends off Clydesdale Estate liquidator’s bid to ‘destroy’ claim
Class Actions 2025-02-19 11:18 pm By Cindy Cameronne

A class action on behalf of people who purchased off-the-plan homes in the Clydesdale Estate in north-west Sydney has won a dispute with the liquidator for the collapsed developer.

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TerraCom directors to claim penalty privilege in novel ASIC case
ASIC 2025-02-18 2:14 pm By Julia Kanapathippillai

Four directors of coal producer TerraCom have flagged they will not show their hand in the corporate regulator’s first-ever case alleging breaches of whistleblower protections.

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Non-bank lender Firstmac hit with $8M penalty for DDO breaches
Financial Services 2025-01-24 10:23 pm By Andy Sidler

The Federal Court has slapped non-bank lender Firstmac with an $8 million penalty, the second doled out in ASIC proceedings for violations of the new design and distribution obligations.

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Virbac loses bid to block generic animal drug
Intellectual Property 2025-01-07 12:50 pm By Cindy Cameronne

Animal health company Virbac has lost its interlocutory bid to block a generic version of its animal drug Cydectin Platinum by rival Abbey Laboratories. 

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