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The corporate regulator has won its case against Bit Trade, the Australian provider of the Kraken crypto exchange, after a judge rejected the company’s argument that its product was not a credit facility.
CFMEU forcibly placed into administration
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The federal government has taken control of the construction division of the CFMEU and all of its state branches, in an extraordinary move expected to see the replacement of almost 270 elected office bearers.
Rex Airlines awarded more time to search for buyer
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Collapsed regional carrier Rex Airlines has won extra time before holding its second creditors meeting, as administrators continue their search for a buyer which would ensure a better deal for the airline’s tens of thousands of creditors.
Former MP Andrew Laming’s penalty doubled for breaching electoral laws with Facebook posts
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Former Liberal MP Andrew Laming has been hit with a $40,000 fine for failing to disclose that he was behind three politically motivated Facebook posts in 2018 and 2019.
Judge takes red pen to proposed 40% GCO in Ansell class action
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A judge has allowed a law firm running a shareholder class action against medical glove maker Ansell to earn a 40 per cent contingency fee, but slashed the rate for settlements or judgments over $50 million.
Monash IVF settles class action over embryo destruction for $56M
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A class action on behalf of 700 patients alleging assisted reproduction provider Monash IVF destroyed potentially viable embryos in a faulty genetic screening program has settled for $56 million.
Class action filed over ‘substandard’ public housing in WA
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A class action has been launched seeking “housing justice” for Aboriginal tenants living in alleged substandard public housing in Western Australia.
Judge assails ‘widespread’ practice of inappropriately broad suppression bids
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Publishing reasons for refusing an application by Super Retail Group to redact parts of its former chief legal officer’s case, a judge has called out the practice of “extensive” suppression applications despite the exhortations of courts that justice must be open.
‘Again and again’: Clive Palmer can’t relitigate challenge to ASIC examination, court told
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The CDPP has complained about being brought back to court “again and again” to deal with Clive Palmer’s complaints about a compulsory examination by ASIC, as the corporate regulator seeks to have his case challenging the lawfulness of the seven year-old examination thrown out as an abuse of process.
Citing courtroom ‘chemistry’, judge won’t allow remote evidence in Pesutto defamation case
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The former deputy leader of the Victorian Liberal Party will be required to give evidence in person in a defamation case against party leader John Pesutto by expelled party member Moira Deeming, with a judge noting the importance of cross-examination “chemistry” where credibility is at issue.