Ripple blocked from advertising to Australians in PayID trade mark dispute

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A court has issued an order restraining US blockchain company Ripple Labs from advertising its PayID system to Aussies, two days after the company agreed to geoblock its website within Australia.

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ASIC takes Linchpin Capital directors to court over mismanaged investment funds

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The Australian Securities and Investments Commission has brought legal proceedings against four directors of Linchpin Capital Group, the latest action over the financial services firm that allegedly funnelled $11 million of investor funds into unauthorized business and personal loans.

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Judge recuses himself from patent spat over Melbourne parking detector

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A  judge has stepped aside from a patent lawsuit brought by tech firm Vehicle Monitoring Systems over a parking system used by the City of Melbourne after finding there may be a “genuine perception” that he could not approach the case with an open mind.

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Biz lobby group urges senators not to block litigation funding rules

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Business lobby association Ai Group is calling on federal crossbench senators to oppose a move by Labor to block litigation funding rules introduced by the Morrison government aimed at curbing class actions.

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US industrial giant Illinois Tool Works sues Aussie concrete company for patent infringement

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US industrial equipment manufacturer Illinois Tool Works has launched Federal Court patent infringement proceedings against an Australian producer of precast concrete products.

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Adani loses bid for ‘extraordinary’ orders to search home of Carmichael mine activist

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Coal miner Adani has lost its bid to search the home of a protester seeking to block its Carmichael Mine project in central Queensland, with a court ruling it had not cleared the bar for the “unusual and extraordinary” orders.

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Lawyer Alex Elliott seeks recusal of judge in Banksia class action proceedings

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The son of controversial class action lawyer Mark Elliott has hired a big gun barrister to represent him in the Banksia class action proceedings and will be asking the judge overseeing the case against him to step aside.

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Thomson Geer completes fourth raid in pursuit of big firm status

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Just weeks after raids on DLA Piper and Macpherson Kelley, Thomson Geer has announced its fourth acquisition of the year, poaching a specialist tech law team from Russell Kennedy, as the firm pushes forward with plans to become one of the country’s top firms.

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ASIC won’t take action against Commonwealth Bank over AUSTRAC matter

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The Australian Securities and Investment Commission will not take action against the Commonwealth Bank of Australia or any of its directors of officers in relation to AUSTRAC proceedings the bank agreed to settle for $700 million in 2018.

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