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Mortgage aggregator Connective Group has lost an appeal of a ruling that gave the greenlight to a shareholder's derivative lawsuit against company directors and Macquarie Bank over the sale of 25 percent of the business to the bank.
An international IP dispute between the Royal Australian Mint and its Canadian counterpart over a patent for printed commemorative coins has settled, three months after Australia revealed its "knockout claim" in the case.
The $92 million payout to two funders that financed the recently settled S&P Global class actions shows the need for continued scrutiny of litigation funding agreements, experts say, but whether it is a sign of windfalls to come or is a ghost of commission's past is another question.
A Federal Court judge on Monday held off on approving Westpac's $35 million settlement with the corporate watchdog over responsible lending law breaches, saying the amount seemed too high.
Mercy Hospital for Women in Melbourne can give a pregnant 17-year-old Jehovah's witness a blood transfusion if her life is at risk during or after childbirth, a judge has found, despite the girl's refusal to consent on religious grounds.
The litigation funder that unsuccessfully sought to block a shareholder from opposing a $64 million class action settlement over the collapse of Banksia Securities is not on the hook for indemnity costs despite bringing the injunction with an ulterior motive.
A judge has struck out part of a class action against the Commonwealth Bank of Australia that alleges it kept investors in the dark about deficiencies in its systems for monitoring money laundering and terrorism financing risks, saying it wasn't clear what the bank was expected to disclose.
A year after the Federal Court issued its important ruling on competing class actions and foreshadowed orders prohibiting duplicative legal fees, the company at the centre of the proceedings -- organic baby food maker Bellamy's -- has called on the court to make good on its promise about costs.
Cereal giant Sanitarium and retailer Rebel Sports are challenging a decision dismissing proceedings against a UK marketing company amid a contractual dispute over a recent joint promotional campaign.
ObjectiVision has presented a "limited" and "debatable" case that its source code for a glaucoma testing device was copied, the Federal Court heard Thursday as the trial in a four-year spat with the University of Sydney over IP rights came to a close.