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Liquidators of failed broker Berndale Capital want to grill former execs
The liquidators of Melbourne-based forex trader Berndale Capital have filed examination proceedings in the Federal Court seeking to question the company's former CEO and its other directors.
Judge OKs $29M settlement in Radio Rentals class action
A judge has given his seal of approval to a $29 million settlement that resolves a class action over Radio Rentals' Rent, Try, $1 Buy scheme alleging customers were kept in the dark about the true cost of their rentals.
High Court to weigh in on patent exhaustion in Seiko ink cartridge spat
The High Court has granted special leave to cartridge reseller Calidad after the company lost an intellectual property dispute with printer giant Seiko Epson and was hit with a general injunction barring it from further patent infringement.
Law firms open wallets, clear pro bono schedules in response to bushfires
Australia's law firms are stepping up in response to the bushfire crisis across the country, pledging money, pro bono work -- even P2 masks -- to support those hardest hit.
Leyonhjelm hires new lawyer as he appeals $120,000 defamation award to Sarah Hanson-Young
Former senator David Leyonhjelm is appealing a ruling that socked him with a $120,000 damages bill in a defamation case brought by Greens Senator Sarah Hanson-Young, and has hired a new solicitor to bring the challenge.
Dover can seek access to ASIC files in bid to prove ‘Orwellian’ client protection policy harmed no one
Defunct Dover Financial, which faces a penalty hearing next year after it was found to have misled customers with an inaptly titled ‘client protection policy’, can bring an application for evidence from the corporate regulator that the policy did not harm anyone.
ASIC takes Volkswagen to court for alleged car loan breaches
Not bowed by its defeat against Westpac in a case over alleged responsible lending breaches, the Australian Securities and Investments Commission has brought action against Volkswagen alleging similar violations of the credit laws in relation to almost 50,000 car loans over three years.
Reports of death of common fund orders greatly exaggerated
Common fund orders in federal class actions could live to see another day, the Federal Court has indicated in new guidance to be released Friday, which swiftly responds to a recent judgment by the High Court that appeared to spell their doom.
Judge OKs $190M stolen wages class action settlement, says funder’s cut fair
Calling it the largest human rights case in Australia's history, a judge has signed off on a $190 million settlement in a class action against the State of Queensland and approved the funder's 20 per cent cut of the proceeds.
Funder of stolen wages class action fights to keep common fund order alive
Arguing it shouldn't be the victim of an "accident of timing", the funder that bankrolled the landmark stolen wages class action is fighting to save a common fund order granting it 20 per cent of a $190 million settlement in the case, despite a recent High Court judgment shooting down the orders.