Most Recent
Insurers dragged into PwC class action over $50M bond prospectus
Over three years into a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant has won the green light to add four insurers to the case. 
High Court challenge filed in class action against Ford over PowerShift transmissions
The High Court has been asked to hear another case dealing with how reduction in value damages should be calculated under the Australian Consumer Law, with Ford arguing its appeal should be heard alongside two appeals in a class action against Toyota which the High Court has already agreed to take up.
Finfluencer infringed rival’s ‘financial foreplay’ trade mark but no damages due, court finds
A judge has found finfluencer Canna Campbell infringed a rival’s 'financial foreplay' trade mark by promoting a podcast that contained the phrase, but declined to award damages, finding there was insufficient evidence that she profited from the infringement.
Linchpin Capital directors hit with $390,000 in penalties
Four current and former Linchpin Capital directors have been disqualified from heading up companies and hit with a combined $390,000 in penalties, after a judge found they improperly used their positions as directors to line their own pockets.
Judge rejects climate challenge to NSW logging agreement
An environmental group has lost its case alleging the federal government failed to take climate change into account when it renewed an agreement for logging in New South Wales, with a judge saying it was a ‘political’ issue rather than one for the courts.
Funders’ cut, legal fees to eat up half of $40M RCR Tomlinson class action settlement
The funders that bankrolled a securities class action against collapsed engineering firm RCR Tomlinson will ask the court to give them an $8 million cut of a $40 million settlement. A further $12 million in legal fees means shareholders will get 50 per cent of the settlement sum.
Fletcher Building says some NZ claims barred from shareholder class action
New Zealand construction giant Fletcher Building has hit back at a shareholder class action over allegedly misleading forecasts for the 2017 financial year, saying some of the claims under New Zealand law were brought out of time.
Australia Post unit wins injunction in passing off case against former biz partner
Australia Post unit StarTrack has won an injunction barring postal product manufacturer TMA Australia from using a website URL containing the words ‘StarTrack’, with the Full Court finding a judge wrongly held the case was ‘weak’.
NSW tries to duck exemplary damages in strip search class action
The New South Wales government wants to strike out class action claims that police conducted illegal strip searches at music festivals in the state 'as a matter of routine' and that it should face exemplary damages.
ASIC can’t undo stay of disciplinary case against iSignthis auditor
The Australian Securities and Investments Commission has lost its bid to pursue a disciplinary case against former Grant Thornton director Bradley Taylor over his 2018 audit of fintech firm iSignThis while criminal proceedings are ongoing.