A two-day hearing has been scheduled in the Westpac life insurance class action over a proposed funding arrangement that would give litigation backer JustKapital 30 per cent of any recovery, in addition to costs outlaid by lawyers for the class.
AMP says it will “vigorously defend” two class actions by shareholders in the wake of scandalous revelations at the Royal Commission that led to a $2 billion market cap drop.
A Federal Court judge has permanently barred a woman who claims she owns the intellectual property for an Infa-Secure seat belt device from telling retailers that she is the rightful owner of the device’s IP.
The Federal Government’s $26 million cut to ASIC’s budget has been blasted by experts and the opposition for undermining the corporate regulator, already facing the heat of the Banking Royal Commission.
A Fairfax Media article over the death of a criminal figure during nose surgery had destroyed the practice of a prominent cosmetic doctor, a court was told Thursday.
A “secret” side agreement between the lead applicant in a shareholder class action and a litigation funder is at the centre of a dispute in the Federal Court that is delaying distribution of a $19 million settlement in the case.
An appeal has been filed by financial software company Encompass Corp. after a Federal Court judge found two of its patents for computer software failed the method of manufacture test and were invalid.
Taronga Conservation Society Australia and Sydney Zoo have agreed to settle their legal battle over the use of the name “Sydney Zoo”.
A shareholder class action against mining company Iluka Resources has received funding, the company said Thursday.
Former AFL player Joe Wilkinson is preparing the sue the AFL, top clubs, coaches and players after allegedly facing racial abuse and sexual harassment throughout his career.
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