Former Linchpin Capital director Peter Eugene Daly has come up short in his second bid to stay his appeal of a ruling that banned him from providing financial services for five years in light of separate proceedings brought by ASIC.
The litigation funder behind a fraudulent scheme in a class action over Banksia Securities has entered administration with negligible assets to its name.
The former chief financial officer of beleaguered Forum Group has been dragged into a lawsuit by Westpac seeking to recoup $294 million in funds paid into an alleged fraudulent scheme.
Indian generics giant Dr Reddyâs Laboratories must give Bristol-Myers Squib unit Celgene Corporation three monthsâ notice before deciding to sell generic versions of blockbuster cancer drug Revlimid in Australia.
A Federal Circuit Court judge has hit back at accusations he conducted âthe grossest parody of a court hearingâ when he unlawfully imprisoned a Queensland man for contempt of court, telling a trial âhe is a human being [who] made a mistakeâ.
More than 18 months after a split emerged among the courts, the Full Federal Court will weigh in on whether judges have power to shut out unregistered group members from a class action. But given the breadth of the question for the appeals court, the issue is unlikely to be resolved there.
A judge has said if he sides with a former ANZ trader in a privilege dispute with the bank over file notes from 2014 meetings over ASIC’s bank bill swap rate investigations it would create a “whole world of pain” for solicitors claiming privilege over their notes in other cases.
A judge has ruled he will not consider a separate question on whether Acciona is barred from setting off any damages payable to Lendlease in a lawsuit over the $160 million sale of its engineering business.
A Melbourne solicitor has been banned from legal practice until 2035 after a tribunal found him guilty of eight charges of professional misconduct and unsatisfactory professional conduct for allegedly misleading a court about his entitlement to practice.
An alternative therapies clinic in Victoria has been hit with $3 million in penalties for allegedly promoting âpseudo-scientificâ treatments to vulnerable people with chronic illnesses in posts on social media and its website.