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Further attempts to settle a securities class action against last mile logistics software firm GetSwift would be like flogging a dead horse, a judge has heard as the matter works its way towards a final hearing.
Law firm can’t delay appeal over unpaid bill because QC won’t fly without vaccine
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Law firm Atanaskovic Hartnell has failed to postpone its appeal of a ruling over unpaid legal fees until after its senior counsel — who is stuck in London — can get a COVID-19 vaccine and return to Australia.
High Court to weigh whether judges should socialise with barristers during a case
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The High Court will consider whether judges should steer clear of barristers outside the court room, after a husband appealed a ruling by a judge who socialised with his wife’s lawyer during their two-year divorce trial.
Government continues class action blitz with permanent change to continuous disclosure laws
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The Morrison government will reportedly make permanent changes to the continuous disclosure laws that were introduced at the height of the COVID-19 pandemic, as part of a wider effort to crack down on class action litigation.
‘Flawed’ bill to abolish stand-alone Family Court set to pass in Senate
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A bill to merge the Family Court with the Federal Circuit Court is expected to pass after independent senator Rex Patrick gave his backing on Tuesday, even as opposition to the controversial legislation mounts.
CBA cops to misleading customers on more than 12,000 occasions
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Commonwealth Bank of Australia could be on the hook for a large penalty after the court found the bank engaged in misleading and deceptive conduct and violated its financial services obligations on more than 12,000 occasions by overcharging customers more than $2.2 million in interest.
Tax adviser hit with record $22.7M fine over R&D tax scheme
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A tax agent and accountant who conducted multiple tax exploitation schemes between 2011 and 2015 has been hit with a $22.7 million penalty, the largest ever against a tax promotor.
PwC takes swipe at class action over $50M bond prospectus
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PricewaterhouseCoopers is looking to shut down a class action by irate bondholders of collapsed asset finance lender Axsesstoday Limited over alleged misrepresentations in a $50 million bond offer.
Full Court hears government’s $325M fight with Sanofi over ban on Plavix generic
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Pharmaceutical companies Sanofi and Bristol-Myers Squibb are liable for losses to the federal government for excess subsidies it allegedly paid for the blood-thinner Plavix after an unjustified court injunction prevented the release of a generic version of the top-selling drug, an appeals court has heard.
Ponzi schemer who pretended to be a barrister wins resentencing
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A fraudster who robbed victims of $7.6 million by pretending to be a financial investor and barrister has had his jail sentence reduced from 16 years to 12, after a court of appeal heard his original sentence was “crushing” and did not reflect his guilty plea or lack of criminal record.