Maggie Beer faces court challenge over earnout on $40M acquisition

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ASX-listed gourmet food company Maggie Beer has been dragged to court by the founders of Hampers & Gifts Australia over a $10 million earnout that was part of a $40 million agreement to acquire the e-commerce company in 2021. 

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Settlement reached in class action against NSW law firm

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A class action seeking to hold a regional NSW law firm liable for the actions of a former employee who was sentenced to a term of imprisonment for fraud offences in 2021 has reached a settlement. 

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Even an entirely discredited Bruce Lehrmann could win his defamation case

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Attacks at trial on the credibility of Bruce Lehrmann hit their target, but it’s still his case to lose on Monday morning, when judgment is delivered on his defamation claims against Ten. Throughout the case the network has borne the burden of proving Brittany Higgins’ rape allegation was true, and it is the very seriousness of that allegation that made the task harder.

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Noumi can’t keep lid on PwC report in ASIC case

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A former director of Noumi has won his challenge to the food manufacturer’s claim for legal professional privilege over a PricewaterhouseCoopers report commissioned by its lawyers at Ashurst, with a judge finding the company waived privilege by disclosing it to Australian Securities and Investments Commission. 

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Judge approves GCO in James Hardie class action, says funded cases ‘more expensive’

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A judge has approved a group costs order in a shareholder class action against building materials giant James Hardie Industries, giving firm Echo Law a 27.5 per cent cut of any proceeds from the case.

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Invisalign wins appeal against penniless SmileDirectClub over teeth straightener claims

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Dental aligner maker Invisalign has won an appeal of a decision rejecting its case accusing SmileDirectClub of misleading consumers, but the appeals court noted that the prospect of a new trial was “remote” after its competitor went under.

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Postgrads class action faces knockout bid as UTS flags novel fight

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An underpayments class action brought by postgraduate research candidates at the University of Sydney is facing another summary dismissal bid from the federal government, as the university foreshadows a novel argument that the group members are not employees.

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Advisory firm Lanterne cops $1.25M penalty for ‘effectively ignoring’ AFSL obligations

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Advisory firm Lanterne Fund, which operated as a ‘licensee for hire’, has been hit with a $1.25 million penalty for breaching its obligations as a financial services licence holder.

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ASIC launches appeal in landmark case over Finder Wallet’s cryptocurrency

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The Australian Securities and Investments Commission is challenging a decision that Finder Wallet did not need a financial services licence to sell its defunct cryptocurrency product.

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Indigenous fishing rights class action against NSW could cover 15,000 people, court told

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A class action against the New South Wales government alleging it discriminated against Indigenous communities on the south coast for engaging in cultural fishing practices will include up to 15,000 people, a court has heard.

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