The judge overseeing professional misconduct claims against lawyers in the Banksia class action appeared to express “a very dim view” of Alex Elliott, the son of class action lawyer Mark Elliott, and should not hear the case against him, a court has heard.
Fintech company iSignthis has upped its demand for damages in a lawsuit against ASX for a second time, filing documents with the Federal Court that claim the market operator’s decision to suspend its shares has cost it almost half a billion dollars.
Shine Lawyers and the union backing Australia’s fast food workers are investigating claims against McDonald’s after the Federal Court ruled against a “reckless” franchisee who threatened to bar employees from toilet breaks.
Maurice Blackburn is pushing back against an appeal by Treasury Wine Estates, which accuses the law firm and a barrister of breaching their obligations by using evidence discovered in a settled class action to launch a second case against the wine maker.
A judge has signed off on a $95 million settlement in a shareholder class action against Spotless after a heated exchange saw the funders backing the lawsuit drop their bid for $1.5 million in costs above their commission.
A self-represented James Mawhinney, the director of troubled Mayfair 101 director, has accused ASIC in court of misleading the judge in an ex-parte application brought in August that saw provisional liquidators appointed to the investment firm and Mawhinney banned from transferring assets out of Australia.
Race car driver and former owner of the famous Byron Bay Hotel, Max Twigg, misappropriated around $100 million in family trust money, taking steps to conceal the transfer of funds from his mother, a court has found.
A former executive of BlueScope Steel has pleaded guilty to obstructing an Australian Competition and Consumer Commission price fixing investigation, in the first criminal charges ever brought against an individual in relation to an ACCC probe.
Slater and Gordon has brought proceedings against a sacked principal lawyer who led the firm’s largest practice in its Penrith, NSW office, seeking injunctions to prevent her from poaching clients allegedly worth over $1.3 million in billing revenue.
Fintech firm iSignthis has revealed that it has spent over $1 million in legal costs pursuing its $264 million lawsuit over misleading and deceptive conduct against the Australian Stock Exchange.