A Lloyd’s syndicate has hit back at a lawsuit by Moray & Agnew, saying it did not have to cover part of a $3.7 million settlement between the law firm and a Melbourne property developer because the amount agreed to was “excessive”.
Mining company TerraCom has lost a case seeking to shield a report by PricewaterhouseCoopers from the Australian Securities and Investments Commission, which is investigating claims current and former executives falsified coal quality results.
Lloyd’s has scored a win in a COVID-19 business interruption case, with a judge ruling the insurer can rely on a conformity clause in its insurance contract with a Snap Fitness franchisee to deny coverage.
A court has found that flying flags associated with the Eureka Rebellion or displaying material bearing union mottos and indicia at construction sites contravenes the Building Code.
Writer Clementine Ford is suing Fairfax Media and Tory Maguire, executive editor of The Age and Sydney Morning Herald newspapers, over a statement Maguire made referring to “vile and personal attacks” by Ford on journalists and editors at the mastheads, where she was previously a columnist.
The High Court has decided to weigh in on whether computer-implemented inventions are eligible for patent protection, granting special leave to Aristocrat Technologies to challenge a judgment that shot down four patents for its popular Lightning Link electronic poker machine.
Technology company Nuix has been hit with a third shareholder class action over its troubled $1.8 billion float on the ASX, setting up what is likely to be the first beauty parade in the Supreme Court of Victoria since the state allowed class action lawyers to seek a cut of any settlement or judgment.
The Federal Court won’t permit a Melbourne-based judge to travel to Sydney on the dime of the parties in a class action against wealth management group Colonial First State, but will foot the bill itself.
The law firm administering the $112 million Robodebt class action settlement has asked a court to sign off on a $2.2 million bill to cover the full projected costs of distributing the funds, a figure three times the estimate calculated by a costs referee.
Even after 30 years in action, the future of class actions in Australia remains uncertain. What is clear, however, is the impact class actions have had – for claimants, lawyers, litigation funders and for corporate Australia, writes Corrs Chambers Westgarth’s Chris Pagent, Brad Woodhouse, Alex Ji and Thomas Scott.
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