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The ASX-listed Shine Lawyers has earned marks for improvement in a review by ASIC of its disclosures relating to interest on litigation funding loans, the corporate regulator said Thursday.
Graincorp hits back at class action over noisy, foul-smelling factory
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Agricultural giant Graincorp has hit back at a class action filed by rural Victorians who allege that a loud and foul-smelling oilseed factory run by the “high-handed” company has reduced the value of their homes and affected their health.
Fairfax loses strike-out bid in defamation suit over Facebook comments
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A judge has denied Fairfax’s bid to strike out allegations by a Western Australian businessman that it was the publisher of allegedly defamatory comments that appeared on one of its Facebook pages.
Build-to-rent next big thing in commercial real estate, says Baker McKenzie partner
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Commercial real estate practitioners can expect a rise in work for the build-to-rent sector amid Australia’s continuing housing crisis, says Baker McKenzie’s new partner, Emily Peverill, who joins the firm after 17 years at Herbert Smith Freehills.
Crypto is ‘not money’: Finder Wallet fights ASIC case
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Finder Wallet has argued it did not need a financial services licence to sell its crypto product Finder Earn because it was not money, but instead allowed customers to purchase an asset and acted as a marketing tool to funnel users to its app.
High Court asked to revive Volkswagen airbags class action
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A failed class action against Volkswagen over Takata airbags is seeking special leave from the High Court, arguing an appeals court was wrong to find a reasonable consumer would be comfortable with an airbag that posed a potential risk of rupture.
AMP agrees to talks in BOLR class action despite appeal
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AMP and a group of financial advisers in a class action over changes to the firm’s buyer of last resort policy have agreed to another round of mediation, even as the wealth manager appeals a judge’s liability finding.
Ex-Greenwoods partner asks High Court to weigh in on whistleblower protections
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A former Greenwoods & Herbert Smith Freehills partner who claims he was sacked for complaining about Lendlease’s attempts to avoid tax liability has asked the High Court to overrule a judgment finding recent changes to whistleblower protections do not apply retrospectively to cover his claims.
Law firm dropped from Sydney light rail class action
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The law firm on record for a class action over the Sydney Light Rail has been dropped by the lead plaintiffs and replaced by class action boutique Banton Group after the firms’ relationship broke down while running the case together.
United Petroleum says class action firm can’t ‘veto’ chats with group members
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United Petroleum, which is facing a franchisee class action over allegedly loss-making Pie Face stores, is resisting a plaintiff law firm’s bid for “a right of veto” over the petrol giant’s communications with group members, even those not represented by the firm.