The NSW Police have commenced an investigation into Forum Finance and director Bill Papas, which have been accused by Westpac, French investment bank Societe Generale and Japanese bank SMBC of a $400 million fraud.
A firm created by solicitor Mark Elliott as a vehicle to launch shareholder class actions has been taken to court by Myer over an unpaid $1.4 million legal bill racked up in defending a class action that was thrown out as an abuse of process.
A dispute over redactions in books and records produced by defunct fund manager Blue Sky to a prospective class action applicant should be hashed out within the class action, a judge has found.
The number of new class actions has nosedived in the past six months, but experts say the drop does not signal a long-term trend but a recalibration by lawyers and funders, whose ingenuity is not to be underestimated.
A former Deutsche Bank executive named in a criminal cartel case over a $2.5 billion ANZ share placement says the charges against him are defective and should be quashed.
A settlement has been reached in a Murray Darling wine making family’s lawsuit accusing PricewaterhouseCoopers of providing bad unsolicited tax advice that caused them more than $200,000 in losses.
A shareholder class action against defunct fund manager Blue Sky Investments and others will be filed by the end of the year, Lawyerly has learned.
A Daily Mail editor sent an email to a journalist that said ‘Let’s rip into this sheila’ before publishing an article about sports presenter Erin Molan that’s at the centre of a defamation trial which kicked off Monday.
The Commissioner of Patents has appealed a landmark judgment that found artificial intelligence can be named an inventor on a patent application.
YouTube star Jordan Shanks has appealed a judgment that gutted his truth defence to defamation claims by NSW Deputy Premier John Barilaro, finding parliamentary privilege protected the politician in the face of a truth defence to some allegations.