An appeals court has tossed a challenge to the dismissal of an investor class action against the Public Trustee of Queensland over a failure to predict the 2008 collapse of Gold Coast-based finance group Octaviar, finding that the class had run a case based on allegations outside of its claims.
One of the top Australian executives of Herbert Smith Freehills has advocated for a UK-style quartile pay transparency system Down Under, calling on law firms to air their “dirty laundry” when it comes to the gender pay gap.
Lawyers for Radio Rentals are trying to take back hundreds of potentially privileged documents in a consumer class action over the company’s ‘Rent, Try, $1 Buy’ program, after they were accidentally disclosed as a result of an IT redaction error.
A developer of what’s now being called the “Infamous Mod” for video game Grand Theft Auto, which gives players extra powers, is confident he can defend the copyright case brought against him by Take-Two Interactive and its subsidiary Rockstar Games.
JustKapital has defeated a bid by funder Litman Holdings to keep $2.2 million remaining from its cut of a $44.25 million settlement in two class actions against the trustees of failed debenture issuer Provident Capital locked down in court until the resolution of a separate dispute between the two funders.
Shareholders of troubled sandalwood producer Quintis who are eligible group members in two consolidated class actions against the company can bet on which of the two cases will give them the best returns, if any, and the Federal Court has appointed an independent lawyer to help them make the choice.
US-based Trident Seafoods has lost a Federal Court fight with an Australian-based Asian food company over three trade marks for the word ‘Trident’.
Gilbert + Tobin has lured the former global head of antitrust at Swiss pharmaceutical giant Novartis to its competition group.
Failed winemaker David James has launched a fresh bid to overturn a $14 million judgment for ANZ against him, telling a court he is still pursuing the bank after six years because the dispute has “taken his life’s work”.
The approval of a settlement between the liquidators of failed fund manager Equititrust and auditor KPMG has been postponed to allow time to notify creditors and unitholders that they won’t see a cent, an outcome the judge called “a long way from litigation in any traditional sense”.
For information on rights and reprints, contact subscriptions@lawyerly.com.au
