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A judge has rejected an amended copyright case against US-based analytics company CoreLogic, expressing his displeasure at the use of imprecise phrases like ‘including’ and “such as’ in the revised pleading.
Firm with lowest contingency fee wins praise in Star class action beauty parade
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As the knives come out in a contest between four law firms battling to run an $80 million class action against Star Entertainment, a court-appointed barrister has named his favourites – one of which has proposed a contingency fee of just 14 per cent.
Monster Energy’s costs estimate in patent case ‘monstrous’, court told
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An inventor who claims Monster Energy infringed his patent for laser etched pull tabs is fighting the beverage giant’s bid for $150,000 in security for costs, saying its estimates were “monstrous”.
Recession fears loom large for small and mid-size law firms: report
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The risk of a recession-fueled slowdown is the biggest worry for small and mid-size law firms this year, according to a new report, as more than 35 per cent of firms expect revenues to remain flat or decline.
Clive Palmer’s Mineralogy suffers loss in $4B spat with CITIC
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Mining magnate Clive Palmer and his company Mineralogy have lost a bid to amend one of two cases that claim losses totalling $4 billion against CITIC after a judge found the amended claims would be “unfairly general”.
NIB wins unpaid loans from Whitecoat developer after $42.5M sale to CBA
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The developer of healthcare directory app Whitecoat must pay health insurer and joint venture partner NIB $1.6 million for loans that were never repaid following the app’s sale to the Commonwealth Bank for $42.5 million in 2021.
Lawyer shielded by advocate’s immunity for omission of claim against builder: appeals court
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An appeals court has held that a Sydney solicitor can’t be sued for negligence for a failure to include a breach of contract claim in a building dispute, saying the lawyer was protected by advocate’s immunity because his decision was “intimately connected” with the litigation.
No win, no fee model bashed in four-way fight to run Star class action
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Three firms fighting for carriage of a $80 million class action against Star Entertainment say a group costs order would guard against ‘costs blowouts’ in the case and have urged a judge to ditch a no win, no fee proposal brought by fourth-to-file firm Shine Lawyers.
Viterra loses appeal of Cargill’s $300M win over Joe White sale
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In a decade-old dispute, Viterra has lost an appeal of a judgment holding it liable to pay Cargill Australia $293 million for misrepresentations about the performance of its malt producer Joe White, which it sold to Cargill for $420 million in 2013.
Medibank’s capital requirement lifted to $250M after data breach
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The Australian Prudential Regulation Authority has raised Medibank’s capital adequacy requirement by $250 million, following last year’s cyber attack against the private health insurer, which exposed the personal details of 10 million customers.