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The Australian Securities and Investments Commission has prevailed in its case against payday lenders Cigno and BSF Solutions alleging they provided credit without a licence, with a judge rejecting their argument that their loan model was analogous to buy now, pay later arrangements that don’t require a credit licence.
Insurer Lloyd’s in not on the hook for losses arising from a cancelled 2019 music festival, with a judge finding the Black Summer bushfires did not render cancellation necessary as was required for coverage under the relevant insurance policy.
Sydney lawyer and wealth guru Dominique Grubisa is challenging a finding in an ACCC case that her seminars made misleading statements and has sought to pause the court action until her appeal is heard, a bid a judge has warned won't be “favourably received” by him.
The corporate regulator is appealing a judgment that tossed its landmark action against Austo & General Insurance, saying the judge erred in construing an unclear and disproportionate term in the insurer's house and contents policy.
In a win for the Australian Competition and Consumer Commission, a court has found Dominique Grubisa's DG Institute made misleading statements to students who paid up to $9,000 to enrol in her property investment and wealth management programs.
Sydney hospitality mogul Justin Hemmes has sued a Brisbane restaurant, Establishment 203, claiming it has breached its ‘Establishment’ trade mark and failed to carry out any searches before opening its business under the name.
A judge has dismissed the corporate regulator’s first-ever case over unfair insurance contracts terms, finding it was not unfair for an insurer to require customers to notify it if anything changed about their home or its contents.
Despite succeeding on a number of claims, the applicant in a tortuous shareholder class action against Worley must foot the engineering services company's bill for defending two trials.
An appeals court has ordered a third trial in a long-running copyright battle between Microsoft and a Melbourne computer retailer, saying the trial judge's findings were "greatly diminished" by her three-year-long delay in delivering judgment.
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 firms and funders from pursuing what might once have been considered slam dunk cases, experts say.