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Litigation funder Galactic should receive a $15 million commission for its work on two franchisee class actions against convenience store giant 7-Eleven, instead of the $25 million it has asked for, a court has heard.
Full Court ‘compelled’ to find class closure judgment ‘plainly wrong’
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The Full Federal Court has found that a landmark NSW Court of Appeal decision barring group members from being notified of future class closure orders at settlement was “plainly wrong” and that the court has the power to make the orders.
Macquarie a ‘knowing participant’ in Connective shareholder oppression, court says
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Two directors of mortgage aggregator Connective engaged in oppressive conduct towards a minority shareholder and Macquarie Bank was a “knowing participant” when it acquired $5 million worth of shares in the company, the NSW Supreme Court has found.
AG John Quigley to return to witness box in Clive Palmer defamation trial
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Hoping to correct “mistakes” in his testimony in the trial of Clive Palmer’s defamation case, Western Australia Attorney-General John Quigley will get the chance to amend his evidence as a witness for state premier Mark McGowan next month.
Novartis challenges loss of experts in spat with Pharmacor over generic Gilenya
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Novartis wants to appeal a ruling in its dispute with generic drug maker Pharmacor over patents for its multiple sclerosis drug Gilenya that tossed three of its four experts out of an upcoming so-called hot tub.
Anti-vax lawyer loses appeal of suspension for encouraging COVID-19 rule flouting
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A judge has upheld the Council of the NSW Law Society’s decision to ban a solicitor for making posts from his firm’s social media accounts representing that a judge condoned murder and rape, and encouraging people to flout mask and COVID-19 vaccine mandates.
‘No launch, no loss’: Judge questions damages claim in Uniden design patent feud
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A judge has questioned GME’s pursuit of additional damages in its intellectual property lawsuit against Japan’s Uniden that alleges the upcoming launch by the wireless communication giant of two new CB radio products amounts to infringement of its design patent.
JD Group wins stay of damages for couple ‘misled’ over $10M luxury digs
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Damages owed to a millionaire couple by JD Group over a “deliberately misleading” rendering of a $9.58 million apartment in South Yarra, Melbourne will be put on ice pending the outcome of the property developer’s appeal.
Griffin Coal charged with breaches of financial reporting, company officer obligations
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Embattled mining company Griffin Coal is facing criminal prosecution following a referral from the Australian Securities and Investments Commission over alleged failures to meet financial reporting and officeholder requirements.
PwC can’t claim privilege over all advice to JBS, judge finds
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A judge has rejected the Australian Taxation Office’s claim that legal professional privilege does not apply to any communications between PricewaterhouseCoopers and its client, meat processor JBS, but has found that many of the reviewed documents do not satisfy the test of privilege.