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ASIC takes Macquarie to court after adviser’s $2.9M theft
The corporate regulator has filed court proceedings against Macquarie Bank alleging it failed to monitor third-party withdrawals, leading to a financial adviser's theft of $2.9 million in customer funds.
Nine pays $39,000 to settle defamation case by writer Clementine Ford
Nine-owned Fairfax Media and journalist Tory Maguire have settled a defamation lawsuit brought by feminist writer Clementine Ford over a statement Maguire made referring to “vile and personal attacks” by Ford.
Judge takes ‘wait and see’ approach to trial in Epic cases against Apple, Google
A judge has held off selecting from a "basket of imponderables" in determining how he will hear two competition lawsuits by Epic Games against Apple and Google over the removal of the popular multiplayer game Fortnite from the tech giants' online stores.
‘Bad luck’: Judge denies penniless Captain Cook College’s appeal delay bid
A judge has rejected an application by training provider Captain Cook College to postpone the hearing of its appeal in a case won by the ACCC, saying the company's inability to fund the appeal was “largely a problem of [its] own making.”
Ex-GC can’t access fintech’s financials ahead of mediation in discrimination case
The former general counsel of UK-based transit payment service provider Littlepay has lost her bid to access the firm's financial statements ahead of mediation in a lawsuit alleging she faced discrimination and bullying when she returned to work after the birth of twins.
ACCC drops investigation into Qantas’ Alliance stake
The ACCC has ended its three-year investigation into Qantas Airways' 19.9 per cent stake in 'fly in fly out' airline Alliance Aviation without enforcement action.
$98M 7-Eleven class action settlement approved but costs, commission hang in the balance
A judge has signed off on a $98 million settlement in two franchisee class actions against 7-Eleven, but has yet to reach a decision on $19.6 million in legal costs and a $25 million funding commission, which a court-appointed contradictor has urged him to reject.
Law firms accused of ‘fishing’ to expand class action against Treasury Wine Estates
Maurice Blackburn and Slater & Gordon are “fishing for a case” against Treasury Wine Estates, a court has heard during a discovery fight in a consolidated shareholder class action against the Penfolds wine maker.
Tokio Marine goes on the offensive, accuses Greensill of fraud
Collapsed supply chain finance company Greensill Capital has been accused of fraudulently obtaining policies from its largest insurer, Japan-based Tokio Marine, which has been dragged into four lawsuits over a trade credit policy issued in 2019.
Australian Grand Prix sued for $8.7M over cancelled 2020 Formula One concert
The Australian Grand Prix Corporation has been sued by a UK entertainment company alleging the COVID-19 related cancellation of the 2020 Melbourne Formula One led to $8.7 million in losses after a related a concert featuring superstar Robbie Williams was also scrapped.