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Forum Finance director to get $1.25M for legal funds, despite ‘Byzantine’ financials
Bill Papas' business partner Vince Tesoriero has won the release of $1.25 million to pay for his legal fees in Westpac’s fraud case against him, despite a judge’s finding that disclosure concerning his true financial position was “less than ideal” and included “staggering” discrepancies.
Redbubble found liable again for infringing Hells Angels trade marks
T-shirts and face masks sold on Redbubble violate Hells Angels' trademarks, a judge has found, banning the online marketplace from further sales of infringing products and awarding damages to the motorcycle group.
Ben Roberts-Smith witnesses had ‘powerful motive to lie’, Fairfax says
Soldiers who took the stand for Ben Roberts-Smith in his defamation case against Fairfax colluded on the evidence they gave of key events, counsel for Fairfax has told a judge as a long-running trial comes to a close.
Forum Finance director failed to disclose $150,000 in assets to court
Forum Finance director Vince Tesoriero has been caught out for failing to declare over $150,000 to the court, as he took the stand to defend evidence given about his financial position in Westpac’s fraud case against him.
Izuzu targeted in class action investigation over allegedly defective utes
The law firm whose probe into allegedly defective diesel particulate filters in Toyota cars has led to a verdict worth as much as $2 billion against the car maker has launched a class action investigation into diesel particulate filter issues with two models of Isuzu utes.
Barrister cites finding that PwC used ‘postbox’ lawyer in Noumi class action privilege spat
A fight over a global privilege claim by Noumi has been foreshadowed in a consolidated shareholder class action against the food company, formerly Freedom Foods.
Climate change class action urgent given ‘what is at stake’, judge says
A judge has put a climate change class action on behalf of Torres Strait Islanders on a tight timetable and committed herself to handing down judgment soon after trial, saying the case was one of "considerable urgency".
‘We can make a really strong case’: ANZ hopeful of ACCC approval for $4.9B Suncorp buy
ANZ is optimistic its proposed $4.9 billion acquisition of insurer Suncorp's banking unit will be cleared by the competition regulator, and is counting on the public benefits of the merger to win approval.
Uber appeals ‘overbroad’ ruling in fight over privileged documents
Uber is challenging a ruling that found many email exchanges with its lawyers were made in furtherance of offences and were not protected by legal professional privilege, saying it would be forced to hand over to a class action "bog standard" legal advice.
ClearLoans settles ASIC’s first COVID-19 case against lender
The sole director of personal lender ClearLoans has agreed to settle the first case the Australian Securities and Investments Commission brought related to the COVID-19 pandemic.