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ISignthis has come up short in its courtroom bid to block publication of the Australian Stock Exchange’s “damaging” reasons for suspending its shares.
ASIC actions lead to jump in criminal charges, millions in fines
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Investigations by ASIC led to prosecutors laying 279 criminal charges in the last six months of 2019, an increase of 300 percent on the previous six months, the corporate watchdog’s latest report reveals.
Developer fights to reopen GST class action hearing on damages for lost opportunity
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A property developer facing a class action over a residential complex in Canberra has asked a court to reopen a hearing that resulted in a finding that it misled the lead applicant about the GST payable on her unit and awarded her $23,400 in compensation.
Herbert Smith Freehills lawyer applauded for ‘masterclass’ in advocacy in unfair dismissal case
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The Fair Work Commission has lavished praise on a Herbert Smith Freehills lawyer for his persuasive advocacy skills in representing transport company Greyhound in unfair dismissal proceedings.
Queensland says state should pay just 1% of flood class action damages
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The Queensland government is seeking court orders that put dam operators Seqwater and Sunwater on the hook for the vast majority of damages after a class action judgment found negligence in the lead up to the state’s 2011 floods that destroyed 2,000 homes.
Courts should be flexible on laws in COVID-19 pandemic, says Virgin Australia judge
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The COVID-19 pandemic and government social distancing restrictions were reasons to be flexible in applying and adapting the law, the judge overseeing the administration of Virgin Australia has said in exempting administrators from liability for unpaid leases and allowing Thursday’s meeting of the airlines’ creditors to be held by teleconference.
Domino’s Pizza delivered date to strike out class action claims
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A date has been set in Domino’s bid to strike out parts of the statement of claim in a class action alleging franchisees underpaid thousands of workers across Australia for five years.
Privacy bigwig to look at Federal Court data breach over asylum seeker names
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A former privacy regulator will investigate a data breach by the Federal Court that exposed the real names of hundreds of asylum seekers on its website.
Global law firm may face breach of trust claim over $27M award
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A law firm with a global footprint is facing a possible breach of trust lawsuit in relation to $27 million it held as security for costs in an international arbitration.
Government loses case claiming $325M over generic Plavix delay
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A court has dismissed a claim by the Australian Government for $325 million against pharmaceutical companies Sanofi and Bristol-Myers Squibb allegedly owed for excess subsidies it paid for blood-thinner Plavix as a result of an interlocutory injunction blocking a generic version of the blockbuster drug.