Trials
‘Worse than terrible’: Class action tells trial Nuix IPO should not have gone ahead
A shareholder class action against Nuix has argued that its IPO should never have gone ahead, taking the court to email exchanges about its history of disappointing results, which the tech company's former CFO called "worse than terrible".
Justice Patricia Matthews
‘Systemic overoptimism’ left $2B impairment off Arrium’s books, court told
A shareholder class action against KPMG and ex-Arrium directors says the company's accounts were infected by "chronic and systemic overoptimism", with the former operator of Whyalla Steelworks portraying as viable a business that was impaired up to $2.8 billion.
Trials
Sportsbet ‘promised’ punters ‘fast code’ system was legal, class action tells court
Sportsbet's 'fast code' betting system was not a genuine telephone betting service because customers had already transmitted information before making the call, according to a class action which argues punters would not have placed bets had they known the system was illegal.
Financial Services
Keystone’s Chiodo raised $1.5M in investor funds for lawyers’ fees: ASIC
Former Keystone Asset Management director and developer Paul Chiodo is accused of raising more than $1.5 million from unwitting investors for a purported property fund that was secretly used to cover his legal fees in ASIC's enforcement action.
Intellectual Property
Coles denies Jellycat knockoff claims over X-mas soft toys
Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Copyright Lawyerly Media 2026. Unauthorised reproduction, distribution or sharing of this article is prohibited. Contact us for a reprint licence. Coles has rejected Jellycat’s claims that it…
Class Actions
Class action to get less than half of $22.5M CommInsure settlement
Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Copyright Lawyerly Media 2026. Unauthorised reproduction, distribution or sharing of this article is prohibited. Contact us for a reprint licence. A judge will approve deductions that will leave…
Business of Law
Clayton Utz litigation partner jumps to Ashurst Perkins Coie
Ashurst Perkins Coie has brought on a recently promoted partner from Clayton Utz to grow its litigation practice.
Trials
Victorian Supreme Court set to hear record number of class action trials
As proof of its popularity as a class action jurisdiction, the Supreme Court of Victoria will hear opening submissions in three class action trials on Monday, an unprecedented number in a single day for the court.
Business of Law
Media mogul loses appeal in ‘bitter end’ to spat with Atanaskovic Hartnell
A court has upheld a panel’s determination of the fees payable by media mogul Bruce Gordon’s company Birketu to his former lawyers, following an eight-year dispute.
