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Country Care fails in appeal of jury directions ruling in criminal cartel case
Country Care and two employees have lost an appeal of a first-of-its kind Federal Court ruling on jury directions in a criminal cartel case against the mobile equipment provider.
Icon can’t block Opal Tower developer from calling on $3.9M guarantee
The builder behind the ill-fated Opal Tower has lost its opposition in the NSW Supreme Court to a $3.9 million guarantee requested by the property's developer, after a judge found it had not proved compliance with its contractual obligations.
ASX admits telling ISignthis it would consult with ASIC before lifting suspension
The Australian Stock Exchange has denied claims by ISignthis that it suspended the fintech company's shares without warning and at the direction of ASIC, but has admitted that it told the company it would consult with the securities regulator before lifting the ongoing suspension.
Liquidators want $6M from directors of failed Gold Coast asset manager
Two former directors of defunct Gold Coast asset manager Avestra are facing a lawsuit from the company's liquidators seeking to recover $6 million in alleged losses by three of the company's managed investment schemes.
ASIC wins case over options trader’s ‘deliberate deception’
ASIC has chalked up a victory in a long-running case against a Marshall Islands-based binary options trader, with a judge finding the trader engaged in the "deliberate deception of vulnerable people".
ISignthis may face shareholder class action over profit downgrade
Melbourne-based fintech ISignthis and its directors are facing a possible shareholder class action over a December profit downgrade.
The top 5 litigation firms of 2019
Lawyerly's Litigation Firms of 2019 racked up multiple wins last year in high-stakes litigation against formidable opponents, including the country's top regulators.
From angry clients to angrier ex-partners: law firms felt the sting of litigation in 2019
Running a law firm is not without risk, chief among them staring down a lawsuit by a client, an ex-partner or employee, even a rival firm. Last year, Australian firms faced numerous actions alleging everything from sex discrimination to negligence.
Liquidators of failed broker Berndale Capital want to grill former execs
The liquidators of Melbourne-based forex trader Berndale Capital have filed examination proceedings in the Federal Court seeking to question the company's former CEO and its other directors.
Canberra property developers suffer partial loss in GST class actions
The property developers behind two Canberra apartment complexes have been dealt a partial loss in two class actions against them, with a judge finding the developers misled the lead applicants about the GST payable on their units but that only some of them were entitled to compensation or restitution.