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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.
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.
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.
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.
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.
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.
Qatar Airways passengers can’t sue airline over strip searches
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A judge has summarily dismissed a case by five passengers against Qatar Airways that alleged the airline was liable for invasive examinations conducted by Qatar police after a newborn baby was found in a bin at the Doha airport. But the case is allowed to continue against subsidiary MATAR.
MinterEllison loses head of climate group to advisory firm
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Investment and advisory firm Pollination Group has poached a leading climate lawyer who led MinterEllison’s global climate practice group to bolster its offering of cutting edge advice on the transition to net zero.
‘Disappointing’: Lawyers bemoan loss of right to challenge ACCC merger decisions in court
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Competition law experts have raised doubts about changes to Australia’s merger review regime announced Wednesday, calling the reforms a mixed bag for businesses and the reduced role of the Federal Court “disappointing”.
Dumpling chain fined $4M for ‘calculated scheme to rob employees’
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The collapsed companies behind dumpling chain Din Tai Fung have been hit with over $3.8 million in penalties after a judge found they engaged in a “a calculated scheme to rob employees of their hard-earned wages and deceive the authorities”.