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The Full Federal Court has tossed Tabcorp’s appeal of a finding that it is not entitled to a $1.49 billion tax deduction under rules governing the taxation of financial arrangements.
AMP says insurance class action pleading ‘not good enough’
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A class action against AMP over allegedly inflated insurance premiums has been ordered to better particularise its case, with a judge hearing the current pleading is “not good enough” for the wealth manager to put on a defence.
QSuper class action settlement costs, commission revealed
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The law firm and funder behind the settled class action against QSuper will seek almost $31 million in costs and commission at an upcoming hearing.
ACCC calls for stronger oversight as airports invest $1.5B in infrastructure
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The consumer watchdog has raised concerns about rising prices and unregulated airport charges amid significant infrastructure investment and record revenue at the nation’s busiest airports.
DPP not barred from recusal bid after judge’s criticism, court finds
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In the latest chapter of a bitter feud between NSW Director of Public Prosecutions and District Court Judge Penelope Wass, the state’s Court of Appeal has found parliamentary privilege doesn’t bar the top prosecutor from launching a recusal bid in a criminal trial.
Lawyer defeats case alleging duty to advise client litigation was doomed
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A Sydney lawyer has successfully defended a case alleging he should have advised an X-ray business and its director that their defences in proceedings against medical device maker Philips were hopeless.
Trial vacated in suit over $1.5M loan to John Pesutto
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An upcoming trial in a case over a Victorian Liberal Party-linked company’s decision to give former party leader John Pesutto a $1.5 million loan to help him avoid bankruptcy has been vacated.
Jetstar class action over COVID-19 cancellations worth $100M, court told
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A court has heard that a class action on behalf of hundreds of thousands of customers whose flights were cancelled during the COVID-19 pandemic is estimated to be worth over $100 million.
Senior lawyers must take responsibility for their own failings, judge says
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A judge has taken a Perth law firm to task after a junior solicitor was left to apologise for a failure to comply with court orders in proceedings against BP, saying one of the principals should have taken responsibility instead.
Toyota hits back at class action, denies vehicles had paint defect
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Facing a class action over the paint job on its Corollas, Toyota has denied the vehicles contained a defect that caused the paint to peel when exposed to sunlight.