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Carnival looks to axe overseas passenger claims in Ruby Princess class action
A fight is brewing over whether US and UK passengers aboard the Ruby Princess should be part of a class action against cruise operators Carnival and Princess Cruise Lines over their handling of a deadly coronavirus outbreak on the ship that has been linked to at least 20 deaths.
Ripple Labs denies PayID is deceptively similar to trade mark of Aussie mobile banking system
US cryptocurrency maker Ripple Labs has hit back at an intellectual property lawsuit brought by the Australian company behind the ubiquitous PayID mobile banking system, saying its PayID trade mark is neither substantially identical nor deceptively similar to the Aussie mark.
Law firm investigating expanded Crown class action amid anti-money laundering probe
Maurice Blackburn is looking at potentially expanding its shareholder class action against Crown Resorts after it emerged at the NSW gaming authority inquiry that the casino giant may have breached anti-money laundering laws.
Worley prevails in rare judgment dismissing shareholder class action
A judge has sided with Worley in a ruling tossing a class action after a trial alleged the engineering company misled shareholders and breached disclosure rules by issuing an overly positive earnings guidance of $322 million for the 2014 financial year.
CBA fined $150,000 for increasing problem gambler’s credit card limit
The Commonwealth Bank of Australia has been fined $150,000 after a Federal Court judge found the bank had breached the law by increasing a problem gambler's credit card limit but that the conduct was "not systematic, deliberate or covert".
Clive Palmer’s $21M offer to drop 14 lawsuits rejected by Coolum villa owners as ‘insane’
An offer by billionaire Clive Palmer to pay $21 million for all remaining shares in villas at the Palmer Coolum Resort in Queensland and drop 14 lawsuits over resort ownership has been rejected by villa owners.
Judges unclear about Johnson & Johnson unit’s arguments in pelvic mesh appeal
A judge due to hear a high profile appeal by Johnson & Johnson unit Ethicon has expressed confusion about the grounds on which the medical device maker is challenging a landmark judgment putting it on the hook for potentially hundreds of million of dollars in damages over faulty pelvic mesh implants.
Ernst & Young can’t rely on privilege against self-incrimination in LM Investment lawsuit
A judge has found that auditor Ernst & Young cannot rely on the privilege against self-incrimination in a lawsuit brought over its audits of failed financial services firm LM Investment Management.
Mayfair’s Mawhinney can’t stop trial prep in ASIC cases
James Mawhinney, director of the besieged Mayfair Group, has lost his bid to slow down two proceedings filed by ASIC which he claims will have a "catastrophic" effect on his business, staff and investors.
‘Aussies Not Gonna Cop It’ birthed in pre-dawn session at bedside, Clive Palmer tells court
Billionaire Clive Palmer has claimed that he wrote the lyrics to 'Australia's Not Gonna Cop It' in the early hours of the morning while "deep in contemplation" at his bedside, telling the Federal Court that the song was inspired by the Peter Finch film 'Network' and not Twisted Sister's rock anthem.