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Bourke Street cafe Barfly’s has agreed to hand over $646,250 to the court in trust in an ongoing spat over its legal bills with a law firm that negotiated a $2.4 million settlement for the cafe in a negligence case.
Designer drops ‘ill-advised’ lawsuit over bikini style trade mark
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Women’s fashion designer Pinnacle Runway has cut its losses and dropped its challenge to a ruling that found a rival’s use of the name ‘Delphine’ to describe a bikini style did not constitute trade mark infringement, after a judge hit the company with indemnity costs for pursuing the ‘ill-advised’ lawsuit.
APRA trims $250M additional capital requirement for Allianz
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Save (0) Please login to bookmark Close Username or Email Address Password Remember Me The prudential regulator has reduced a requirement that Allianz Australia hold an extra $250 million in capital by $100 million, noting steps the insurer had taken to improve its risk management. The Australian Prudential Regulation Authority imposed the additional capital requirement…
Clock’s ticking for Mayfair companies to obtain legal representation
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Embattled Mayfair Group director James Mawhinney is under pressure to secure legal representation to defend his companies against a misleading and deceptive conduct case brought by ASIC, but the Big Six firm he has in mind has yet to commit.
Judge finds ‘good reason’ for Linchpin examination docs to be used in class action
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A judge has allowed documents obtained from examination proceedings against directors of Linchpin Capital to be used in a class action against the failed financial services group.
Daughter of NRL legend wins $125,000 over false sex tape claim
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The daughter of NRL great Mark Geyer has been awarded $125,000 in a defamation case against the owner of an NRL Memes page over a post wrongfully claiming she was involved in the Tyrone May sex scandal.
‘I didn’t put two and two together’: Lawyer says he never caught on to misconduct in Banksia case
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Solicitor Alex Elliott has said it never clicked with him that members of the legal team running the Banksia class action were misleading an appeals court when his father — the mastermind behind the alleged deception — told him to sign cheques for lawyers that they could not cash.
ASIC won’t challenge loss in Tennis Australia case, but more claims may be coming
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ASIC will not appeal a Federal Court decision tossing the majority of its case against former Tennis Australia director Harold Mitchell and accusing the regulator of “confirmatory bias” in bringing the case, but has foreshadowed fresh claims related to allegedly inconsistent statements given during its investigation.
Opal Tower concrete manufacturer appeals loss to insurer over coverage of legal bills
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The prefab concrete specialist behind Sydney’s Opal Tower has appealed a ruling letting its insurers off the hook to pay costs in advance incurred in defending cross-claims in two lawsuits over the ill-fated tower.
NSW can’t shield docs in ACCC competition case over ports privatisation
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The NSW government cannot assert public immunity over cabinet documents sought in a case brought by the ACCC over an allegedly anti-competitive agreement for the privatisation of Port Botany and Port Kembla.