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Deloitte has won its bid to keep confidential documents away from the funder backing a consolidated shareholder class against food company Noumi which alleges the auditor was complicit in misleading the market.
Receivers get court OK to sell Melissa Caddick’s Dover Heights mansion
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A judge has allowed receivers to sell the Dover Heights mansion of Sydney fraudster Melissa Caddick without any distribution of proceeds, saying the sale “should take place post-haste”.
Lane Cove tunnel operator can add claims to $300M case against builders
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A judge has granted a bid by the operator of Sydney’s billion-dollar Lane Cove tunnel to add a new claim in the five-year-old dispute alleging the concrete lining used in construction was defective.
ASIC can pursue defunct funeral insurer in case of ‘clear public interest’
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A judge has given ASIC the green light to continue proceedings against a defunct funeral insurer which allegedly misled Aboriginal customers about being Indigenous-owned and claims that its products were specifically beneficial for First Nations people.
Kmart settles Jellycat lawsuit over knockoff ‘Bashful Bunny’
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Kmart Australia has resolved a case brought by UK-based Jellycat that accused the retailer of selling knockoffs of the plush toy designer’s signature ‘Bashful Bunny’.
PwC partners knew of unlawful dividend payment to Cornerstone director, court told
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PwC partners are facing “very serious” allegations that they had actual knowledge that a $30 million dividend payment to the director of now defunct tertiary education provider Cornerstone was unlawful.
New competition class actions in the works against Apple, Google
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Another law firm is planning competition class actions against Apple and Google over their app stores, just over a month after Phi Finney McDonald filed group proceedings against the tech giants, setting up a beauty parade that adds a wrinkle to similar cases brought by Epic Games.
Class action filed over strip searches at NSW music festivals
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The state of NSW faces a class action over police strip searches at music festivals that is calling for aggravated and exemplary damages for the “invasive and unlawful” treatment of hundreds of festivalgoers.
ASIC loses bid for early punishment against Select AFSL
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A judge has shot down ASIC’s bid for declarations against life insurer Select AFSL before a penalty hearing after finding that the insurer acted unconscionably when selling insurance over the phone.
Pitcher Partners looks to shut down $128M Twigg family lawsuit
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Accounting firm Pitcher Partners wants to shut down a lawsuit brought by the Twigg family alleging it helped race car driver Max Twigg misappropriate $127.8 million in family trust money for himself.