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A class action against franchise giant Retail Food Group wants to head off any challenge to its funding agreement with a court order that the financing arrangement is exempt from controversial regulations requiring group proceedings to be run as managed investment schemes.
The litigation funder behind a scam to defraud members of a class action over the collapse of Banksia Securities has entered liquidation, and the funder's two surviving directors will be among potential targets of attempts to recover money to pay a $21.7 million court judgment.
A judge has rejected an art collector’s bid to enforce a settlement in litigation against the publisher of the Sunday Telegraph over an allegedly defamatory story concerning his purchase of a painting by Australian artist Del Kathryn Barton, finding he had lied about the story being false.
The federal Attorney General's Department has faced calls to reveal the constitutional heads of power behind the latest class action reform bill that aims to cap the amount of fees and commission lawyers and funders can earn.
The Australian Competition and Consumer Commission is working with the Australian Federal Police to combat price gouging over the sale of COVID-19 rapid antigen tests.
Compliance and legal specialist Sophie Grace has rejected allegations it was responsible for defunct forex trader Gallop International Group’s collapse after it allegedly loaned $15.4 million in investor funds to the company’s director in Hong Kong.
Oil company ExxonMobil has appealed decisions by the Australian Taxation Office to refuse deductions on profits from the sale of petrol from the largest oil field in Australia, claiming its taxable profits over four years should be reduced by $181.8 million.
Legislation being advanced by the Morrison government that would allow religious statements of belief to override laws that bar discrimination “waters down long-standing and hard-fought protections” and clashes with international human rights law, the country's peak legal body has said.
Telstra is liable for the “sickening” conduct of a former employee who accessed confidential contact information to launch a four-year campaign of sexual harassment against his next-door neighbours, a new lawsuit alleges.
Last year brought economic growth and success for law firms, but 2021 was not only marked with good news. A slew of law firms were dragged into litigation by disgruntled ex-clients, with some paying out millions of dollars to resolve lawsuits accusing them of giving bad advice.