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Octaviar class action appeal ‘completely misconceived’, Full Court hears
A judge's decision to halt questioning about ASIC emails in a class action trial over the 2008 collapse of finance group Octaviar didn't shut the case down, the Public Trustee of Queensland has told the Full Federal Court, calling the appeal of the class action's dismissal "completely misconceived".
Motorola slams Hytera for ‘unprofessional’ 11th-hour affidavits in long-running IP suit
Motorola has accused rival Hytera Communications of a "deliberate strategy" of filing late affidavits to throw Motorola off in an already highly contentious patent and copyright case over digital radio devices.
Halted questioning about ASIC emails warrants Octaviar class action re-trial, court hears
Critical emails from ASIC regarding a $250 million loan facility to Octaviar Group before its 2008 collapse were not only overlooked by the Public Trustee of Queensland in its role overseeing the firm's finances but were wrongly deemed irrelevant by the judge that heard the case, the Full Federal Court was told.
Visa settles competition lawsuit over currency conversion ban
Visa has resolved a lawsuit by a fintech founder alleging it misused its market power by banning the use of dynamic currency conversion services in several countries, including Australia and the US.
Ford to face unconscionable conduct claim at marathon PowerShift trial
Car giant Ford will face a claim of unconsionable conduct in a trial of a class action over its defective PowerShift transmission that is now scheduled to run twice as long as originally thought, but claims on behalf of second-hand Ford vehicle owners are out.
Deep Investments’ case over $10M in share trading losses shut down
An appeals court has shut down a case brought by investment adviser Deep Investments against a solicitor and six others over $10 million in alleged share trading losses, saying the proceedings were an abuse of process.
Activist suing super fund REST over climate change plan can’t cap adverse costs
An ecological landscaper suing the Retail Employees Superannuation Trust fund for an undeveloped climate change policy has lost an application for a maximum costs order in the public-interest case.
Judge was wrong to halt cross-examination in Octaviar class action, court hears
A judge that dismissed an investor class action against the Public Trustee of Queensland over the failure of investment firm Octaviar Group improperly intervened in the cross-examination of one of the class' witnesses, one of the judges that will hear an appeal of the dismissal was told.
Clipsal copycat seller gets more time to pay contempt fine in trade mark case
A man charged with contempt of court for failing to hand over infringing products in a trade mark case won by electrical goods manufacturer Clipsal Australia gets six more months to pay his outstanding fine, or he goes to jail.
Octaviar investors, class action funder dodge indemnity costs
The investor behind a failed class action against the Public Trustee of Queensland over the collapse of Octaviar Group has escaped a bid by the Trustee for maximum costs, with a judge ruling the case was not a "nakedly speculative venture" by the funder.