The lead applicant in a shareholder class action against Dreamworld owner Ardent Leisure over a 2016 tragedy in which four people died following a ride malfunction is seeking access to the company’s insurance documents, amid fears the theme park operator lacks assets to meet the estimated $310 million lawsuit.
The lead applicant in a securities class action against the directors and auditors of laser technology firm Arasor has been hit with costs for its “completely unsatisfactory” conduct in its failed pursuit of over $508,000 in legal costs spent in disputes with the ATO and funder International Litigation Partners.
A court has issued an order restraining US blockchain company Ripple Labs from advertising its PayID system to Aussies, two days after the company agreed to geoblock its website within Australia.
Mining giant Glencore has won its appeal over access charges to Port of Newcastle shipping channels used to export coal from the Hunter Valley.
The Australian Securities and Investments Commission has brought legal proceedings against four directors of Linchpin Capital Group, the latest action over the financial services firm that allegedly funnelled $11 million of investor funds into unauthorized business and personal loans.
A judge has stepped aside from a patent lawsuit brought by tech firm Vehicle Monitoring Systems over a parking system used by the City of Melbourne after finding there may be a “genuine perception” that he could not approach the case with an open mind.
Business lobby association Ai Group is calling on federal crossbench senators to oppose a move by Labor to block litigation funding rules introduced by the Morrison government aimed at curbing class actions.
US industrial equipment manufacturer Illinois Tool Works has launched Federal Court patent infringement proceedings against an Australian producer of precast concrete products.
Coal miner Adani has lost its bid to search the home of a protester seeking to block its Carmichael Mine project in central Queensland, with a court ruling it had not cleared the bar for the “unusual and extraordinary” orders.
The son of controversial class action lawyer Mark Elliott has hired a big gun barrister to represent him in the Banksia class action proceedings and will be asking the judge overseeing the case against him to step aside.
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