Owners of Sydney’s Mascot Towers are facing a “parlous situation” as they file an urgent court bid to sell the two buildings after $16 million was spent to repair structural cracks that made the apartments unliveable.
In a significant victory for litigation funders, the Full Federal Court has found that funded class actions are not managed investment schemes subject to regulatory oversight, gutting the legal basis for reforms enacted by the Morrison government in 2020.
A victor remains to be crowned following a heated beauty parade between competing class actions against tech company Nuix, with two law firms facing criticism for their “cumbrous” consolidation proposal and a third firm copping flak for its “opaque” financials.
The ACCC has raised concerns that Canada-based Dye & Durham’s proposed $2.9 billion acquisition of technology services provider Link could harm competition in the market for digital conveyancing services.
A judge has hit pause on the ATO’s application for summary judgment in proceedings launched by ex-Bellamy’s Australia director Jan Cameron seeking declarations that a Carribean-based trust does not owe capital gains tax for selling shares in the baby food maker.
The Scotch Whisky Association has sued an Australian food and drink importer for “flagrant” copyright infringement after it allegedly sold regular whisky with the trade organisation’s ‘scotch whisky’ certification trade mark.
A litigation funder for two franchisee class actions against 7-Eleven has asked a court for a $16.6 million payout to cover its costs before a judge rules on how much it can pocket from a $98 million settlement.
Network Ten has moved to strike out claims that it’s Canberra bureau, led by high profile political reporter Peter van Onselen and executive editor Anthony Murdoch “was a workplace that was hostile to women.”
A former manager has sued building giant James Hardie, alleging she was denied pay and mistreated after she made complaints about safety issues and the conduct of senior leadership.
Insurer Allianz has pleaded guilty to six charges of making false or misleading statements online about the scope of cover under its travel insurance.