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Adelaide lawyer Jason Karas has failed in recusal application but has secured a temporary stay of a ruling that he pay $36.5 million to his former business partner and law firm LK Law.
ASIC says payday lenders Cigno, BSF and their directors should pay $150 million in penalties, arguing a judge should not have found they were entitled to a reduced $7 million in penalties because they had relied on legal advice from Piper Alderman.
A judge has approved amendments to a shareholder class action against iSignthis and auditor Grant Thornton, over the opposition of the fintech firm, which argued the changes would amount to an abuse of process.
Despite its loss in a class action against Queensland power companies, which has put it on the hook for $32 million in costs, funder LCM has avoided calls for cash security in a representative proceeding over toll road charges.
Adelaide lawyer Jason Karas is challenging a ruling that he pay $41 million to his former business partner and law firm for what a court found was a secret plan to sell the firm’s Hong Kong-based entity.
Qantas has agreed to pay $105 million to settle a class action on behalf of hundreds of thousands of customers who allegedly never received refunds after their flights were cancelled during the COVID-19 pandemic.
A judge has approved a $13.5 million settlement in a class action against the director of collapsed sandalwood producer Quintis, but has reduced deductions sought by the plaintiff's lawyers and funder, and denied a payout to the funder of a competing case.
Service station chain United Petroleum has resolved its case alleging competitor On The Run made unjustified claims of infringement over trade marks for 'Quickstop' and 'Cigmart'.
Mercedes-Benz has hit back at a class action over alleged emissions cheating, denying its cars were fitted with defeat devices and arguing any engine features found to act as such devices were needed for safety.
A judge has ordered the lead applicant in a failed class action against Queensland utilities Stanwell and CS Energy, which was slated to be worth $1 billion, to pay $32.4 million in costs.