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ASIC, Noumi win appeal in privilege fight over PwC report
Securities 2024-12-20 5:45 pm By Andy Sidler

An appeals court has overturned a finding that food company Noumi waived privilege over a PwC report commissioned by Ashurst, which it produced to ASIC under voluntary disclosure.

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CBA slams class actions’ ‘misguided’ theory on appeal
Class Actions 2024-11-19 11:03 pm By Sam Matthews

CBA has attacked two failed class actions’ “misguided” appeal, arguing that requiring companies to disclose incomplete information to shareholders would distort the market.

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Judgment in CBA class actions could affect insider trading cases, Full Court told
Class Actions 2024-11-19 11:42 pm By Sam Matthews

The Full Court has heard that a judge’s finding on materiality in two failed shareholder class actions against CBA could haveĀ ā€œtroublingā€ repercussions for insider trading cases and must be overturned.

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CBA class action judge used ‘far too onerous’ test, appeals court told
Class Actions 2024-11-18 11:38 pm By Cindy Cameronne

Two failed class actions against CBA claim a judge used a ā€œfar too onerous testā€ for materiality in deciding whether the bank should have told the market about deficiencies in its anti-money laundering systems.Ā 

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Noumi privilege ruling could undermine ASIC investigations, Full Court told
Appeals 2024-11-12 11:15 pm By Sam Matthews

ASIC wants the Full Court to overturn a finding that Noumi waived privilege over a PwC report produced under a voluntary disclosure regime, arguing the regime benefits the public in making investigations more efficient.

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Oracle can’t shut down court battle with ATO over software royalty taxes
Tax 2024-11-01 11:58 pm By Andy Sidler

A judge has refused to stay a fight between the tax office and software company Oracle over royalties, findingĀ  determination of the dispute will guide 15 other cases.

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AG can gatekeep insurance providers for NSW lawyers, appeals court finds
Business of Law 2024-08-21 11:26 pm By Andy Sidler

The NSW appeals court has clarified the operation of the Uniform Law in the state, finding that insurers offering professional indemnity insurance to legal practitioners must be approved by the state’s Attorney General.

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Losing law firm in Hino class action contest drops appeal, must pay costs
Class Actions 2024-08-13 11:08 pm By Christine Caulfield

A personal injury firm that lost out to a class action heavyweight in a contest to run a case against Toyota unit Hino has dropped its appeal and will wear the costs it incurred in bringing its case.

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High Court clarifies ‘dominant use’ in land tax exemption for animal farms
Appeals 2024-06-05 11:02 pm By Sam Matthews

Unanimously dismissing an appeal by thoroughbred breeding and horseracing giant Godolphin, the High Court has ruled on the proper construction of a tax exemption for rural land in NSW.

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X subject to Australian jurisdiction in Muslim group’s hate speech case, tribunal says
Human Rights 2024-05-27 11:14 pm By Christine Caulfield

The Queensland Civil and Administrative Tribunal has ruled that social media giant X must face a human rights complaint brought by a Muslim advocacy group over allegedly dehumanising material on the site.

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