Most Recent
MLC ordered to pay $10M penalty for ‘serious failure’
A judge has ordered MLC to pay $10 million for its “serious failure” to pay life insurance benefits to customers undergoing rehabilitation, in an ASIC case that also alleged the insurer failed to promptly update medical terms in policies.
‘Not motivated by access to justice’: Funder hit with indemnity costs in copyright case
A judge has ordered a litigation funder that bankrolled a photographer’s unsuccessful copyright claim against CoreLogic to pay indemnity costs to the property data analytics company, saying the funder was not “motivated by any concerns for access to justice”.
Linchpin class action concerned about ‘authenticity’ of evidence for trial
The applicant in an investor class action over the collapse of advisory firm Linchpin Capital and Endeavour Securities has raised concerns about the authenticity of Linchpin's business records, which it wants to put into evidence at trial in two months.
Tech exec subjected to DXC’s ‘unreasonable’ 7-year restraint clause wins appeal
An appeals court has found a seven-year non-competition clause in US tech giant DXC Eclipse's agreement with the former director of Melbourne software firm Sable37, which it acquired in 2018, was unreasonable.
With no funder, Colonial class action members better off by up to $12M, court finds
Customers of wealth manager Colonial First State were $10 million to $12 million better off without a litigation funder in a class action over the slow transfer of accounts to low cost MySuper funds, a judge has found.
UFG to pay $5M for misleading gym franchisees about ‘near valueless’ businesses
The company behind the Ultimate Fighting Championship gym franchise has been ordered to pay $5 million to three franchisees after a judge found it misled them about businesses which were “near valueless” and unlikely to make profit. 
‘Silly case’ between class action applicant, funder settles
A clash between a class action applicant and a litigation funder over $1.2 million in claimed expenses has settled, after a judge ordered the sides to personally attend mediation.
Ex-commando slams ABC’s ‘nonsensical’ argument against damages in defamation case
Former Army major Heston Russell has panned the ABC’s argument that it is not liable to pay damages in his defamation case because he identified himself and was given an opportunity to respond to stories that suggested he was involved in murdering an Afghan prisoner.
More law firms ready class actions over Downer’s $40M earnings overstatement
More class action law firms have pounced on Downer EDI's "accounting irregularities" that led to the company overstating profits by up to $40 million.
Directed Electronics wins $3.27M in Hanhwa trade secrets case, with damages still to come
Automotive electronics company Directed Electronics is set to claw back $3.27 million in commission payments made to a former manager through a secret side agreement with South Korean giant Hanhwa, with a ruling on damages still to come in the five-year case.