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The Federal Court has issued an arrest warrant for Forum Finance founder Bill Papas for contempt of court for allegedly transferring $720,000 out of one of his companies in breach of a freezing order.
Social media surgeon seeks urgent injunction ahead of Four Corners episode
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A Sydney-based plastic surgeon with more than 5 million followers on TikTok has taken the ABC to court to block an upcoming episode of Four Corners about him from running.
AMP, Willis Towers Watson locked in multimillion-dollar Sydney CBD rental dispute
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AMP has taken the insurance arm of Willis Towers Watson to court to try to force it to stick to an alleged promise to rent two floors in a central Sydney commercial block that was made just before the start of the COVID-19 pandemic.
CIMIC spars with insurers over coverage for Iraq bribery cases
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Engineering services firm CIMIC Group has launched proceedings against ten insurers seeking indemnity for costs arising from allegations the company engaged in corrupt practices, including bribing government officials in Iraq.
Judge rejects bid to shut down Guvera class action
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A judge has rejected a request to discontinue a class action on behalf of investors in failed music streaming platform Guvera, saying it was “difficult to understand” why the applicants had launched the case as a class action in the first place.
Crane maker NQCranes loses bid to strike out ACCC’s cartel case
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Queensland crane company NQCranes has lost its bid to strike out the bulk of the ACCC’s amended case alleging it engaged in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.
‘Elephant in the room’: Judge questions conduct of some lawyers for Banksia legal team
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Last week’s judgment denouncing the scandalous behaviour of the legal team running the Banksia Securities class action cast a spotlight on the conduct of lawyers for some of the defendants, asking whether “untenable” defences were maintained beyond an acceptable point in the case.
Class action filed by Michel’s Patisserie franchisees against Retail Food Group
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Franchise giant Retail Food Group has been hit with a class action on behalf of current and former franchisees of the company’s Michel’s Patisserie brand.
Mercedes-Benz hit with $650M lawsuit over dealer model change
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German luxury car maker Mercedes-Benz has been hit with a $650 million lawsuit by Australian dealers over the company’s decision to change to a fixed-price agency model.
Colonial First State ordered to pay $20M for misleading 13,000 MySuper members
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The Federal Court has slugged wealth management firm Colonial First State Investments with a $20 million penalty for misleading almost 13,000 superannuation members about their MySuper entitlements through a “concerted campaign” that lasted two years.