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Melissa Caddick’s parents, receivers strike deal over Edgecliff property
The parents and receivers for accused Sydney fraudster Melissa Caddick have reached a deal over a multi-million dollar property in Sydney’s East, but the compromise remains to be blessed by out-of-pocket investors.
Medibank defence says data breach class action ‘hopeless’
Private health insurer Medibank has hit back at a class action over a data breach that affected close to 10 million customers, describing the claims as “hopeless.”
Inquiry called by Melissa Caddick’s parents ‘hanging over receivers like a threat’, court told
The parents of Sydney fraudster Melissa Caddick will seek an inquiry into whether receivers of her property have acted faithfully in managing the assets.
Mecca’s distribution agreement with lux cosmetics brand not unlawful, court finds
Beauty giant Mecca has succeeded in fending off a luxury cosmetics brand's appeal of a decision that found a term of an exclusive distribution agreement between them was not an unlawful restraint of trade.
Medibank hit with shareholder class action over cyberattack
Australia's largest private health insurer Medibank has been hit with a shareholder class action in the wake of a massive cyberattack that left the data of 10 million customers exposed.
Class action firm’s potential profit from Arrium case not relevant to security sum: judge
A judge overseeing a security dispute in a shareholder class action against KPMG and former directors of Arrium has found that potential profits to the plaintiff law firm running the case under a group costs order is not relevant to determining the quantum of security for costs.
TikTok loses trade mark battle with mortgage tech startup Tic:Toc
The owner of Chinese social media giant TikTok has lost its challenge to the registration of a trade mark for home loan tech startup Tic:Toc.
Advanta Seeds wins more time to renew patent after law firm slip-up
Agricultural giant Nufarm has lost its appeal of a decision giving rival Advanta Seeds extra time to pay a renewal fee for its patent for a hybrid plant cell, after an error by its lawyers caused the renewal to fall through the cracks.
Medibank foreshadows stay bid as second class action looms
Australia's largest private health insurer Medibank has flagged an application to stay a landmark data breach class action filed in the Federal Court, as another law firm mulls a class action over the massive breach.
GetSwift hit with $15M penalty in ASIC action over misleading announcements
GetSwift has been hit with a $15M penalty and several of its directors have been slapped with substantial penalties after the company was found to have misled shareholders in breach of the Corporations Act.