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Law firm set to profit ‘handsomely’ from GCO in Crown class action, should pay up, court told
Crown Resorts is seeking $10 million in security for costs from the law firm running a shareholder class action accusing it of lax anti-money laundering compliance, arguing the sum is justified in light of the firm’s potential recovery under a tiered group costs order.
ASIC can’t temporarily block payday lenders from charging fees
The Australian Securities and Investments Commission has lost its bid to temporarily restrain payday lenders Cigno and BSF Solutions from enforcing loan fees against 7,000 customers, with a judge finding an injunction could destroy their businesses.
Qantas found guilty of COVID-19 workplace safety breach
Qantas has been found guilty of a safety violation for standing down a worker who raised concerns about unsafe work conditions during the early days of the coronavirus pandemic.
‘Harry is not Barry’: McDonald’s loses trade mark case against Hungry Jack’s
A judge has rejected McDonald's claim that Hungry Jack's Big Jack burger infringed its Big Mac trade mark, but found that Hungry Jack's misled consumers by boasting that its burger had 25 per cent more beef.
Santos barred from Barossa Gas pipeline works near Tiwi Islands
Energy company Santos can begin construction of a pipeline for its $5.6 billion Barossa Gas project but has been barred from any work within 70km of the Tiwi Islands.
Atanaskovic Hartnell accuses judge of ‘complete failure’ to discharge duty
The judge who awarded more than $320,000 to a former general manager of Atanaskovic Hartnell after finding she endured a "campaign of denigration" by the law firm's founder fundamentally failed to discharge his judicial function, an appeals court has heard.
‘You’ve got to learn to take yes for an answer’: Judge not inclined to seek Full Court’s view on solicitors CFO
The judge overseeing a class action against collapsed investment manager Blue Sky has said he would not be inclined to seek clarity from the Full Court on whether the court has the power to make a solicitors common fund order unless one of the defendants raised a challenge.
Gilbert + Tobin seals the deal to lead Jaguar class action
Gilbert + Tobin and the funder backing a class action against Jaguar Land Rover over allegedly defective diesel filters have given an undertaking that they won't seek more than 25 per cent of any settlement or judgment, sealing the deal to run the case after triumphing in a carriage contest.
‘Great distance’ between sides in AUSTRAC’s case against Star, court told
Star Entertainment has made admissions in AUSTRAC's action alleging non-compliance with anti-money laundering and counter-terrorism financing laws, but there are still substantial issues in dispute, a court has heard.
As cybersecurity risks rise, Clayton Utz bolsters data governance team
Warning that board directors need to "up the ante" in their company's cyber preparedness, Clayton Utz has appointed a Big Four partner to lead the firm's strengthened cyber and data governance practice.