Most Recent
Mayne can advance damages case against Cosette over $672M merger debacle
US-based drug maker Cosette has lost its bid to stay proceedings alleging it induced the treasurer to reject its $672 million tie-up with Mayne Pharma, with a judge finding Mayne has a right to prosecute its case and would be prejudiced by the delay. 
Wisetech’s Richard White sued by former Kyckr CEO
The ex-CEO of Richard White's anti-money laundering software company Kyckr has accused the Wisetech chair of misleading and deceptive conduct, but a judge has told her to go back to the drawing board and replead her claims.
Binance fined $10M for offering ‘risky’ crypto products to retail customers
A judge has slapped defunct crypto firm Binance with a $10 million penalty for misclassifying around 500 retail customers as eligible to invest in risky derivatives intended for sophisticated investors. 
WA appeals court upholds toss of defamation suit over lack of concerns notice
The WA Court of Appeal has upheld the dismissal of a defamation case after the plaintiff failed to issue a concerns noting before bringing proceedings, resolving a novel question about the application of NSW law in the state.
Qteq chair hit with record $1M penalty for attempted cartel conduct
A judge has fined Queensland mining equipment company Qteq $5 million and chair Simon Ashton a record $1 million for attempting to engage in cartel conduct.
Judge OKs Colonial’s $140M settlement but chops funder’s cut
A judge has declined a funder’s bid for a $43 million payout in a class action accusing Colonial First State of charging excessive premiums, saying it was entitled to a 27.5 per cent commission but not $4.5 million for after-the-event insurance. 
Court OKs $37M settlement in EML shareholder class action
A judge has approved a $37.35 million settlement in a class action alleging fintech EML Payments failed to promptly disclose anti-money laundering and counter terrorism compliance concerns.
Court OKs $50M ANZ class action settlement, slashes ATE insurance payout
A judge has approved a $50 million settlement in a class action against ANZ and superannuation trustee OnePath, but has slashed by half a proposed $1.76 million deduction for the plaintiff firm's after-the-event insurance.
Medibank can’t appeal Deloitte report ruling in data breach class action
The Full Court has rejected Medibank's bid to appeal a finding that legal professional privilege did not attach to a Deloitte report commissioned in the wake of a massive data breach.
Construction PRO
Rivermakers can’t bump appeal in light of criminal case
A judge has refused to adjourn an appeal over a development application for a new lifestyle precinct in east Brisbane in light of a criminal case over the alleged unlawful use of the same land, opting instead for “careful” case management.