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Shareholders in collapsed financial services firm Babcock & Brown have lost their bid to stay costs orders after losing a ten-year-old dispute.
Law firm can’t dodge $5.4M security in Macquarie class action
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Maurice Blackburn is stuck paying $5.4 million in security in a flex commissions class action against Macquarie, with a judge saying it represents a “business risk willingly undertaken”.
Pfizer faces class action investigation into Depo-Provera
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US drug maker Pfizer is facing a class action investigation into the possible link between its injectable contraceptive Depo-Provera and brain tumors.
‘Truly lamentable’: Solicitors score partial win in tax appeal
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Two Queensland solicitors have scored partial wins in their decades-long disputes with the tax office because of the Administrative Appeals Tribunal’s “wholesale failure” to give proper reasons.
IP firm loses challenge to Apple’s authentication patent
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An intellectual property firm has lost its legal challenge to Apple’s bid to patent its method of authentication on electronic devices, including smartphones.
ASIC can bring case against Rex Airlines, directors
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ASIC has won approval to bring claims against troubled regional airline Rex and four of its directors for allegedly misleading investors about the company’s financial position.
Quest Dockland residents sue over COVID-19 rent relief
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Commercial tenants of Quest Dockland’s Bourke Street apartment complex have filed proceedings against 45 landlords, claiming their requests for rent relief during the COVID-19 pandemic were ignored.
Top 10 class action settlements of 2024
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Class action settlements leaped in value last year, with three settlements topping the $200 million mark.
High Court asked to weigh in on Katy Perry trade mark stoush
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An Australian fashion designer has asked the High Court to overturn a Full Court win for singer Katy Perry in a long-running trade mark dispute, saying the court’s findings “wrongly privilege the powerful and famous over ordinary traders”.
Toyota unit Hino to pay $87M to settle emissions cheating class action
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Hino Motors has agreed to pay $87 million to settle a consumer class action alleging it misrepresented that its vehicles met Australian emissions and road standards over a 20-year period.