The former CEO of Advanced Energy Minerals, which specialises in mining high purity alumina to be used in high-demand products like lithium-ion batteries and LED lights, is planning to file a derivative lawsuit accusing the company of oppressive conduct.
Lockdown orders by the Victorian government and an international travel ban in place last year during the first wave of COVID-19 did not trigger a business interruption clause in an IAG policy at the centre of a test case brought by insurers, a judge heard Monday.
Accounting giant PricewaterhouseCoopers used one of its legally qualified partners as a “postbox” to provide a “cloak of privilege” to work conducted for meat processing company JBS, the Commissioner of Taxation has told the Federal Court.
An IOOF unit accused of failing to protect its clients against cybersecurity risks has slammed ASIC’s claims in the novel case, describing the regulator’s further amended statement of claim as “grossly unfair” and “completely incoherent”.
Shareholders of the collapsed Babcock & Brown have failed in their challenge to a ruling tossing their cases for damages for disclosure breaches during the global financial crisis, with an appeals court finding the investors had not shown the breaches caused any loss.
Dam operator Seqwater will find out this week if its decision not to settle with group members in a class action over the 2011 Queensland floods has paid off.
Men’s briefs manufacturer Tradie has resolved a case brought by a rival alleging it misled consumers by claiming its underpants were the ‘Aussiest undies ever’.
The makers of Finish dishwashing products has secured an injunction keeping rival Somat products branded with an allegedly infringing logo from supermarket shelves until the Federal Court decides a high-stakes trade mark battle.
A former senior executive of TechnologyOne wants the High Court to take up his unfair dismissal case after the software company won its challenge to his $5.2 million win.
The number of new class actions has nosedived in the past six months, but experts say the drop does not signal a long-term trend but a recalibration by lawyers and funders, whose ingenuity is not to be underestimated.
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