Maurice Blackburn is investigating a possible class action after the share price of Corporate Travel Management plunged 27 percent on Wednesday, and will look at the role of VGI Partners in the sudden stock drop.
The founder of a fintech company suing Visa for allegedly abusing its market dominance is flying a Federal Court judge to the UK to preside over the examination of a key but reluctant witness in the case, former Visa boss Rupert Keeley.
A judge has approved a $2.5 million penalty against two hearing aid retailers in the consumer regulator’s case alleging the companies targeted vulnerable pensioners with misleading newspaper ads.
Private education provider Ashley Services may be close to settling a shareholder class action, according to a court order sending the parties in the case to a second mediation session before the end of the year.
Generic Health has shaved two percent off the $25 million damages awarded pharmaceutical giant Bayer in a patent infringement case over Bayer’s blockbuster oral contraceptive, Yasmin, but the discount is a far cry from the 15 percent it sought on appeal.
As judges grapple with fierce competition among litigation funders and law firms to lead class actions, Lawyerly asked two leading practitioners on opposing sides of the class action divide to give us their take on the issue.
The administrators of collapsed startup Unlockd have withdrawn the company’s case against Google alleging the search engine giant abused its dominance to keep it out of the digital ad market.
A month after successfully arguing for the recusal of a state Supreme Court justice from an upcoming trial over the collapse of Queensland Nickel, Clive Palmer is calling for the replacement judge to step down, alleging he too is biased against him.
The Australian Workers Union has called on the Federal Court to toss AstraZeneca’s challenge to a decision that workers are guaranteed 10 days’ sick leave regardless of how long their working day is.
The high-stakes contest to run a shareholder class action against BHP has begun, with lawyers for three competing cases all arguing in Federal Court Monday that there can be only one winner.