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The NSW Government is facing a class action alleging it fraudulently acquired land for the construction of the WestConnex tunnel and caused loss and damage to 3,000 land holders along the route.
Feud over app notice in $7M CBA case could shift balance towards higher penalties
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A judge weighing a dispute between ASIC and the Commonwealth Bank over whether notice of a $7 million penalty should be sent out through the bank’s Commbank app has questioned the usefulness of adverse publicity notices and whether they should be ditched for higher pecuniary penalties in the future.
Culture Kings steps out of the ring, resolves Mike Tyson suit over ‘misleading’ T-shirts
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Streetwear retailer Culture Kings has resolved a lawsuit brought by former world boxing champion Mike Tyson alleging the company misled consumers by using his image on its T-shirts.
It’s the insurers, not class actions, driving D&O liability insurance premiums
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Brick by brick, the claim that funded class actions are the primary driver of rising directors’ liability insurance premiums is being dismantled. Even more precarious is the claim that the Commonwealth government’s continuous disclosure reforms are the answer and will result in enormous savings for Australian business, says Omni Bridgeway managing director and CEO Andrew Saker.
In win for Abbey Labs, Elanco’s animal drug patent thrown out for lack of invention
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IP Australia has refused to register a patent acquired by Elanco Australasia from Bayer covering a lice treatment, after amendments failed to address findings that the patent lacked an inventive step.
Complaints against Christian Porter’s lawyers filed with legal watchdog
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A friend of Christian Porter’s accuser has lodged complaints with the NSW legal watchdog against silk Sue Chrysanthou and Porter’s solicitor, Rebekah Giles, for their conduct in representing the former Attorney-General in his defamation case against the ABC.
Rex eyes legal action against Qantas for alleged anti-competitive conduct
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Regional Express is weighing court action against Qantas, alleging Australia’s biggest airline engaged in anti-competitive behaviour in the form of capacity dumping and predatory practices.
ASIC wins declarations against Sargon Capital unit over super fund promotion
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The Australian Securities and Investments Commission has secured declarations in its case against a Sargon Capital subsidiary, which partnered with a superfund promoter accused of misleading customers in marketing calls.
Forum founder Bill Papas ‘needs money’ to return to Australia, lawyer tells court
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Forum Group director Bill Papas intends to return to Australia to face $400 million fraud allegations but doesn’t have the funds for a flight home, his lawyer told the Federal Court Wednesday.
Judge urged to shut down ‘pseudo’ class action over climate change disclosures
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A green activist who filed a group proceeding alleging the government failed to disclose the impacts of climate change to investors in sovereign bonds does not have a common interest with group members and should have her lawsuit declassed, a court has heard.