A judge’s decision to halt questioning about ASIC emails in a class action trial over the 2008 collapse of finance group Octaviar didn’t shut the case down, the Public Trustee of Queensland has told the Full Federal Court, calling the appeal of the class action’s dismissal “completely misconceived”.
ASIC will soon have more ammunition to go after corporate wrongdoers, after the Senate passed legislation that arms the regulator to seek harsher civil and criminal sanctions against banks, their executives and others that breach the corporate and financial services law.
Motorola has accused rival Hytera Communications of a “deliberate strategy” of filing late affidavits to throw Motorola off in an already highly contentious patent and copyright case over digital radio devices.
US financial services giant State Street Global Advisers has brought legal action against Maurice Blackburn Lawyers, alleging the law firm’s plan to erect a copy of its Fearless Girl statue in Australia violates its trade mark and breaches consumer laws.
A product liability class action has been filed against the manufacturers of Alucobond PE cladding, the first of what’s expected to be several lawsuits over the combustible cladding, believed to be in the majority of buildings in Australia.
The Federal Government is proposing changes to right of entry rules that would require permits to be issued in photo ID format, in a bid to curb abuse by “militant” union officials.
Liberal Senator Michaelia Cash has denied she referred concerns about a $100,000 donation by the Australian Workers’ Union to the union watchdog to damage Labor leader Bill Shorten, telling a court Friday her referral was “in the public interest”.
GM Holden has lost most of its case for design infringement against a company that imported and distributed spare car parts used to “up-spec” lower range Holden models, in the court’s first test of the Designs Act’s repair defence.
A $5.8 million bill for four years’ work by the liquidators of SK Foods unit Cedenco has been criticised by a judge as “outside the band of reasonable remuneration” and will have to be recalculated.
Critical emails from ASIC regarding a $250 million loan facility to Octaviar Group before its 2008 collapse were not only overlooked by the Public Trustee of Queensland in its role overseeing the firm’s finances but were wrongly deemed irrelevant by the judge that heard the case, the Full Federal Court was told.
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