An investor class action against failed advisory firm Linchpin Capital and its former directors has won its bid to claim its losses against a $10 million insurance policy from AIG.
On appeal of a $6 million judgment for misleading statements, Dominique Grubisa and her wealth education company DG Institute have argued her advice was based on faulty knowledge, not ill intentions.
A judge has found that former Orix CEO John Carter is not entitled to make claims under a D&O policy, saying he fraudulently failed to disclose to Chubb the payment of alleged secret bribes.
Australian Clinical Labs may seek to strike out part of the OAIC’s case over a 2022 data breach, arguing it would unfairly allow the watchdog to allege both single and multiple contraventions of privacy law.
Australian Clinical Labs, which is facing regulatory action over a 2022 data breach, is fighting the information commissioner’s claim that it breached privacy laws 21.5 million times.
The liquidator of failed global financial services firm Babcock & Brown is seeking to permanently stay a shareholder suit it says is an abuse of process, nearly five years after three other cases against the liquidator were thrown out.
Super Retail Group’s former chief legal officer Rebecca Farrell says the company damaged her professional standing as a senior solicitor and exposed her to the risk of regulatory investigation and enforcement action.
A judge has temporarily suppressed details of a lawsuit by Super Retail Group’s former top lawyer, but he warned the retailer it would face a high bar if it sought to persuade him to keep the claims under wraps after a first case management hearing.
A judge has declined to order costs against basketball coach Shane Heal in his failed Fair Work case against the Sydney Flames, saying Heal’s claims were not “advanced without any factual or legal basis”.
A judge is considering the extraordinary step of ordering costs against basketball coach Shane Heal in his failed Fair Work case against the Sydney Flames, saying the case was “very much on the margin” of constituting an exception to the no-costs rule.