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WA saddled with $2M legal bill from ‘futile’ defamation fight with Clive Palmer
Article 2022-12-23 4:11 pm By Cat Fredenburgh

The state of Western Australia has been left with a $2 million legal bill for defending a defamation action  by billionaire Clive Palmer and advancing cross-claims on behalf of premier Mark McGowan, which a judge blasted as “a futile exercise”.

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Murdoch names Private Media bosses in expanded defamation case over Crikey article
Defamation 2022-12-22 3:32 pm By Christine Caulfield

The decision by Crikey to republish an article at the centre of a defamation case by Fox News CEO Lachlan Murdoch is the focus of the media mogul’s proposed new pleadings and its application to join Private Media chairman Eric Beecher and CEO Will Hayward.

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‘Spurious’ arguments cost James Mawhinney in successful appeal of 20-year ban
Appeals 2022-12-22 11:10 pm By Christine Caulfield

The founder of investment group Mayfair 101 must foot half his costs of a successful appeal of a 20-year ban on fund raising because of the many “spurious” grounds of appeal he pressed.

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Pokemon wins injunction against augmented reality game, NFTs
Intellectual Property 2022-12-22 5:34 pm By Cat Fredenburgh

A judge has granted the Pokemon Company’s request for a temporary injunction restraining an Australian business from developing an augmented reality game featuring its popular Pokemon characters and selling related NFTs. 

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Judge sprays Shine’s ‘left field’ bid to kick rival off Blue Sky, EY class action
Class Actions 2022-12-21 4:24 pm By Sam Matthews

A judge has rejected Shine Lawyers’ second bid to challenge a court order that it join forces with rival Banton Group in an investor class action Blue Sky Alternative Investments and auditor EY, saying the firm’s funder LCM was trying to “take the bat and ball and go home.” Federal Court Justice Michael Lee rejected…

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Insurer Bond & Credit Company fires cross-claims at Greensill
Insurance 2022-12-20 2:58 pm By Cindy Cameronne

Insurer Bond & Credit Company is seeking to join Greensill Group to three lawsuits over the financing firm’s $1.7 billion collapse in March 2020, while Greensill has foreshadowed its own cross-claims against Insurance Australia Group.

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‘Disastrous’ GetSwift class action settlement revised down to $1M
Class Actions 2022-12-20 4:47 pm By Cat Fredenburgh

A $1.5 million class action settlement against failed logistics provider GetSwift, which a judge termed a “disaster”, has been revised down to $1 million and may face a liquidators’ challenge that could see a group members recover nothing.

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‘ASX Wolf’ trader’s Instagram account was unlicensed financial services biz, court rules
Financial Services 2022-12-20 4:51 pm By Sam Matthews

Gold Coast ‘finfluencer’ Tyson Scholz provided illegal financial services by giving tips on his Instagram account and to customers who paid for access to his seminars and ‘Black Wolf Pit’ chat room, a judge has found.

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‘Predatory and flagrant’: Debt collector A&M Group to pay $800,000 in ASIC case
Financial Services 2022-12-20 3:00 pm By Cindy Cameronne

A judge has ordered debt collection agency A&M Group to pay $800,000 after it allegedly harassed and coerced debtors by repeatedly contacting family, friends and employers and claiming they could face imprisonment.

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Class action by NSW local councils against insurer JLT dismissed by court
Insurance 2022-12-19 4:58 pm By Cindy Cameronne

A judge has thrown out a long-running class action on behalf of 20 local councils in NSW alleging insurer JLT Risk Solutions charged them hundreds of millions of dollars in excessive premiums over nine years.

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