A second class action has been filed against the Australian Football League and four clubs on behalf of former players who allegedly suffered brain injuries after sustaining repeated concussions during games.
A law firm and several peak bodies for professionals in the corporate sphere have criticised the Australian Securities and Investments Commission’s enforcement track record, saying the regulator is inefficient and fails to properly address misconduct.
A liquidator for two related NSW printing companies has launched a High Court challenge to overturn a judgment finding a joint right to sue another business for $330,000 could not be combined in a pooling order.
A judge overseeing a class action against Colonial First State Investments has raised concerns about a $655 million dividend to CBA, questioning whether group members’ recovery could be in danger.
A former JPMorgan executive has been charged with eight counts of fraud for allegedly misappropriating $940,350 from clients of his defunct companies, Guevara Capital and Online Trading Capital.
A judge has approved a $300 million settlement in two pelvic mesh class actions against Johnson & Johnson and unit Ethicon — the largest settlement in the history of Australian product liability group proceedings — but a $100 million deduction for legal costs has yet to get the greenlight.
Boston Scientific’s $105 million settlement of a class action over its pelvic mesh devices has secured court approval, but the costs billed by the law firm running the case will face further scrutiny.
A senior barrister acting for a class action over the use of allegedly toxic firefighting foam on military bases has slammed an upcoming mediation as a “solemn farce”, as the federal government has said it will not be ready to commit to a settlement.
Former Liberal staffer Bruce Lehrmann has faced cross-examination over text messages to his girlfriend in which he said he received legal advice that he could get “millions” if he filed a defamation case against Network Ten over its airing of Brittany Higgins’ rape allegations, a court has heard.
A judge has ordered online bookmaker Entain and the Australian Hotels Association to hand over legal advice concerning their agreement to advertise digital wagering products in NSW pubs so that Tabcorp can decide whether to bring a case.