Keybridge Capital chief executive officer Nicholas Bolton has lost his appeal of a costs review panel decision that saddled him with a legal bill of $308,940 for work done by Atanaskovic Hartnell for his company in a dispute with Brookfield Multiplex.
In a contest to run a class action against International Capital Markets over risky derivative products, a proposed consolidated proceeding has taken aim at third-to-file Banton Group for allegedly copying its case.Ā
The liquidators of collapsed media company Big Un are pushing for a trial date in their two-year-old case against financier First Class Capital alleging a three million share purchase was part of a fraudulent design to inflate the collapsed company’s share price.
Convenience store chain On The Run has filed proceedings against public relations firm the Civic Partnership, claiming it is liable for misleading or deceptive conduct after an employee allegedly created a campaign aimed to damage the business for an unknown client.Ā
Petrol chain United Petroleum has sued competitor On The Run for allegedly wrongly claiming its ‘Quickstop’ and ‘Cigmart’ marks infringe On The Run’s trade marks.
Payday lenders Cigno and BSF Solutions have appealed a decision that found they provided credit without a licence, and rejected the claim that their loan model is analogous to buy now, pay later arrangements that donāt require a licence.
The lead applicant in a class action against former Commonwealth Bank of Australia subsidiary Count Financial has settled individual claims in the case, which alleges the financial advisory firm charged fees for no service.
A judge has warned two law firms competing to run a class action against IC Markets over risky contracts-for-difference that it will be held against them if they take a āholding positionā on their funding proposals and attempt to negotiate their bids down later.
The Australian Securities and Investments Commission has prevailed in its case against payday lenders Cigno and BSF Solutions alleging they provided credit without a licence, with a judge rejecting their argument that their loan model was analogous to buy now, pay later arrangements that donāt require a credit licence.
A judge has granted leave to law firm Levitt Robinson to challenge a ruling cutting $1.14 million of its fees from a settled class action against retirement home operator Aveo, finding the appeal was sufficiently arguable.