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New class action against S&P faces delay over investor feud with funder
A new class action against S&P Global is facing potential delays as the two lead applicants -- one embroiled in a battle over its funding agreement -- ready for a fight over when to serve the lawsuit on the global ratings agency.
CBA hit with class action over grandfathered commissions
A class action has been filed against the Commonwealth Bank of Australia over commissions grandfathered by the Future of Financial Advice reforms.
Equititrust lawsuit on shaky ground after judge rejects Vannin’s choice of security
The receivers for funds manager Equititrust, who are suing the name partners of law firm Tucker & Cowen, have failed in their bid to have further security for costs paid in the form of deeds of indemnity, despite telling the court that funder Vannin might withdraw its support for the litigation.
Judge slams Mayfair director’s misleading comments to investors
A judge has criticised "inflammatory" and misleading comments Mayfair 101's director made to investors regarding attempts to wind up firms associated with the IPO Wealth investment scheme.
Judge criticises lawyers’ ‘inflammatory’ correspondence in $27M trust dispute
A judge has slammed the lawyers in a $27 million trust dispute between a Chinese machinery company and law firm Clyde & Co for engaging in "inflammatory" correspondence instead of properly conferring before bringing their case to court.
Global agreement will boost ACCC investigations into Google, Facebook
The Australian Competition and Consumer Commission has signed an information sharing agreement with four competition regulators around the globe that will boost its current and future investigations into Google and Facebook.
Major beef: McDonald’s sues Hungry Jack’s over ‘Big Jack’ burger
In what is shaping up to be a big bun fight, McDonald’s is taking long time rival Hungry Jack's to court for trade mark infringement, accusing it of violating its legendary ‘Big Mac’ mark.
Banksia judge appeared to take ‘very dim view’ of lawyer Alex Elliott, court told
The judge overseeing professional misconduct claims against lawyers in the Banksia class action appeared to express “a very dim view” of Alex Elliott, the son of class action lawyer Mark Elliott, and should not hear the case against him, a court has heard.
iSignthis now wants $464M in share suspension suit against ASX
Fintech company iSignthis has upped its demand for damages in a lawsuit against ASX for a second time, filing documents with the Federal Court that claim the market operator's decision to suspend its shares has cost it almost half a billion dollars.
Shine investigating union case against McDonald’s over unpaid drink breaks
Shine Lawyers and the union backing Australia's fast food workers are investigating claims against McDonald's after the Federal Court ruled against a "reckless" franchisee who threatened to bar employees from toilet breaks.