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The ACCC has appealed a judge's dismissal of its case against mail-order catalogue business Magnamail after finding representations that customers could win major prizes if they ordered from its catalogues were true.
Class action firms reaping the benefits of contingency fees should brace for more high-dollar security for costs applications, on top of the reputational risks of having their finances aired in court, defence lawyers told Lawyerly.
Potentia Capital co-founder Tim Reed has told the Federal Court settlement negotiations with former partner Andrew Joyce were in "flux" and never finalised, in a case by Joyce seeking to enforce the terms of the agreement.
Former NSW One Nation leader Mark Latham has avoided a referral for contempt after he griped on social media in response to a tribunal decision in favour of Sydney MP Alex Greenwich.
Sequoia Financial subsidiary Interprac has won access to internal AFCA documents, as it pursues action against the financial complaints watchdog over determinations linked to the defunct Shield and First Guardian investment funds.
Last year saw the lowest number of class action filings since 2016, but approved settlements reached the second-highest total ever, according to a recent law firm report.
The corporate cop is challenging a decision that tossed its breach of duty claims against three Regional Express board members over the company's continuous disclosure failures.
A class action over the government's 2011 live exports ban will go to a referee for determining how the 88,000 cattle that would have been exported should be allocated, despite the class action's claim this was part of the government's plan to declass the proceeding.
On his fourth day giving evidence in a shareholder class action trial, Arrium’s former CEO has denied that the company relied on overly optimistic assumptions when making forecasts about its business, despite a history of missed targets.
A judge has taken the "draconian step" of dismissing long-running tax cases by the members of the Obeid family, on the eve of a hearing over a $30 million freezing order against the family.