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A judge has ruled gaming giant Aristocrat Technologies cannot patent its Lightning Link electronic poker machine, after six High Court Justices split on whether the popular game was eligible for patent protection.
GEMI Capital may face class action by wealthy Sydney investors
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Sydney lender GEMI may face a class action for allegedly enticing wealthy individuals to make investments in products they were misled into believing were low risk.
ASIC wins case against payday lender Sunshine Loans over ‘wrongheaded’ fees
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In a win for the Australian Securities and Investments Commission, a judge has found that payday lender Sunshine Loans charged thousands of customers prohibited fees, issuing a scathing judgment condemning the company’s “wrongheaded” conduct.
Prosecutors drop criminal case against Meta over scam crypto ads
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A criminal case against Facebook owner Meta sparked by mining magnate Andrew Forrest over scam cryptocurrency ads has been dropped, while a similar case by the Australian Competition and Consumer Commission remains on foot.
Law firm will try to claim funder’s cut as damages in Murray Darling class action
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A class action against the Murray Darling Basin Authority over alleged negligent water management is seeking to claim a funder’s commission as damages after a judge refused the first-ever such bid in a separate group proceeding.
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.
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.
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.
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.
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.