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Court tosses Clive Palmer’s suits against ex-ASIC chair James Shipton
A judge has thrown out Clive Palmer's lawsuits against former Australian Securities and Investments Commission chair James Shipton after finding the claims had no reasonable prospects of success.
‘Speculation’: Former ASIC chair takes aim at Clive Palmer lawsuit
Former ASIC chairJames Shipton wants to strike out claims brought against him by Clive Palmer, arguing the mining billionaire's pleading cannot support a claim for misfeasance in public office.
ASIC, Noumi privilege win gives comfort to companies mulling VDAs
A finding that Noumi's production of a PwC report to ASIC didn't constitute waiver of privilege provides clarity that voluntary disclosure agreements can protect confidential information, but care must still be taken, lawyers say.
ASIC, Noumi win appeal in privilege fight over PwC report
An appeals court has overturned a finding that food company Noumi waived privilege over a PwC report commissioned by Ashurst, which it produced to ASIC under voluntary disclosure.
ASIC slams ‘false’ premise of payday lender BSF’s appeal
ASIC has attacked an appeal argument by payday lenders BSF Solutions and Cigno that athough they offered short-term loans, the fees they charged had no link to the credit services.
Noumi privilege ruling could undermine ASIC investigations, Full Court told
ASIC wants the Full Court to overturn a finding that Noumi waived privilege over a PwC report produced under a voluntary disclosure regime, arguing the regime benefits the public in making investigations more efficient.
Judge approves settlement in Retail Food Group class action
A judge has signed off on a class action settlement that will see Retail Food Group pay nothing to the current and former franchisees of its Michel’s Patisserie chain.
Rugby Australia mulls cross-claim against Melbourne Rebels directors
Rugby Australia is considering an insolvent trading cross-claim against the directors of the Melbourne Rebels, in a suit by the failed team which was cut from next year’s Super Rugby Pacific competition.
Judge rejects franchisees’ ‘colourable’ cross-claims against United Petroleum
United Petroleum will not face cross-claims by franchisees, with a judge calling the bid “a very colourable application” to create overlap with a class action in the Supreme Court.
3A Composites’ cladding comparable to petrol, class action trial told
A class action trial has heard that allegedly flammable Alucobond panels provided by 3A Composites and supplier Halifax Vogel are comparable to petrol and could present an “insurmountable challenge” to containing a fire.