Former Quantum Resources CEO and director Avrohom Kimelman faces up to 20 years in jail after pleading guilty to charges of insider trading and conspiring to manipulate the market in shares of the company, now known as Nova Minerals.
A fight is looming over a bid by S&P Global for a class action applicant to pay security for the legal costs of defending the litigation, with the applicant arguing it shouldn’t have to fork over anything.
The corporate regulator has secured a travel ban against the brother of former Nuix CFO Stephen Doyle as it pursues a criminal investigation of alleged insider trading by the executive and his family.
The High Court has rejected a bid by a group of insurers to weigh in on a test case against COVID-19 related claims in business interruption policies, following a high stakes loss in the NSW Court of Appeal, which found an infectious disease exclusion did not apply.
The High Court on Friday denied special leave to three unions representing Qantas workers that sought to challenge a Federal Court ruling for the airline in a dispute over the operation of last year’s COVID-19 JobKeeper wage subsidy.
The High Court has declined to hear a case that challenges the power of judges to make common fund orders at the close of litigation, a challenge the Federal Court had labelled “hypothetical”.
The dossier by the woman who accused former Attorney-General Christian Porter of rape has been made public in a case brought by the woman’s friend against his star defamation barrister.
The power to make common fund orders in class actions is a question before the High Court a second time, but the justices aren’t likely to quell the conflict simmering in the courts below, at least until they have a concrete order before them.
The âhustle and bustleâ of defending companies in complex litigation does not faze Colin Biggers & Paisleyâs Adrian Konstantinidis, so when the COVID-19 pandemic struck on the eve of one of the most complicated series of cases in Australia, he and his firm were ready.
The managing partner of HWL Ebsworth, who has been targeted in a lawsuit by a former equity partner over the law firm’s aborted IPO, is resisting efforts to be named as representative defendant in the case.