Blue Sky’s founder and former managing director Mark Sowerby has won orders requiring a director of US hedge fund Glaucus to produce documents relating to claims the short-seller shared information with market participants before releasing a report which sent Blue Sky’s shares into a tailspin.
Group members in a class action against Nine over its coverage of litigation related to the 2004 Palm Island riots will receive between $2,000 to $5,200 as part of a settlement reached to resolve the case.
An Australian court will get a chance to weigh in on whether Apple and Google violated their dominant position in the app marketplace by requiring developers to use their payment systems or face a 30 per cent fee, when trial kicks off Monday in Fortnite game maker Epic Games’ case and two related class actions against the tech giants.
A judge preparing to deliver his decision in Bruce Lehrmann’s defamation case against Ten has sought clarity from the TV network on submissions addressing alleged inconsistencies in Brittany Higgins’ settlement deed with the Commonwealth, querying whether the alleged rape victim should be recalled to the stand.
A judge has refused to add 27 new plaintiffs to a quasi group proceeding against a Canberra developer brought in the ACT, where class actions are not permitted, saying the law firm running the case must first gets its “pleading house in order”.
Online florist Bloomex has been slapped with a $1 million penalty for “serious” misleading representations about its discounts and star ratings system.
Clayton Utz has snagged a big fish from Baker McKenzie, luring the head of the US firm’s restructuring and insolvency practice group.
Hall & Wilcox has recruited a mergers and acquisitions lawyer with cross-border expertise from EY to bolster its corporate practice in Sydney.
In a loss for the Australian Securities and Investments Commission, a judge has found that comparison website Finder did not need a financial services licence to sell its cryptocurrency product Finder Earn because it was not a financial product.
The Environmental Defenders Office has appointed a team of external lawyers, including Gilbert + Tobin and a senior barrister, to review its processes after a judge found aspects of its case over Santos’ Barossa pipeline were made up and “lacking in integrity”.
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