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Court rejects lead applicant’s $508k bill in $19.25M Arasor class action settlement
The lead applicant in a shareholder class action against laser technology company Arasor will walk away with a fraction of the approximately $508,000 in legal and other bills it has racked up in disputes with the ATO and funder International Litigation Partners following the approval of a $19.25 million class action settlement more than two years ago.
High Court’s common fund ruling ‘no great disaster’, federal judge says
The High Court's recent ruling putting a stop to the practice of judges issuing common fund orders at the early stages of class action proceedings, while "not a good development", wasn't the end of the class action regime as we know it, a Federal Court judge has said.
Rokt parries blows from Full Court as it looks to save software patent
A landmark ruling granting fintech Rokt's application for a software patent has come under attack before the Full Federal Court, with the judges expressing skepticism about the invention's patentability.
Lawyer wins $750,000 in defamation case over negative Google reviews
An Adelaide lawyer has been awarded $750,000 in damages after suing a woman who gave him bad reviews on Google that sent 80 per cent of his clients packing.
Bitter dispute ends in cancellation of ‘Urban Ale’ trade mark
A Melbourne-based craft brewery has had its 'Urban Ale' trade mark cancelled, with a judge finding other beer makers might want to use the words to describe their products and that cancelling the mark would be in the public interest.
ACCC slammed for ‘opaque’ demands in misuse of market power case against TasPorts
A lawyer for Tasmanian state government owned ports company TasPorts has criticised the ACCC's first-of-its kind case that alleges it is misusing its market power to stymie competition, saying it isn't clear what the regulator wants the court to do.
Channel Seven must pay $280,000 to lawyer branded a ‘Centrelink cheat’ on Today Tonight
Television network Channel Seven has been ordered to pay $280,000 in damages to a lawyer after an appeals court ruled a Today Tonight segment labelling her a "Centrelink cheat" was defamatory.
Ex-Atrum Coal boss ordered to repay $6M to Hong Kong finance group
A former director of Atrum Coal has been ordered to pay over $6 million owed to a unit of Hong Kong finance giant Argonaut Group after a prior default saw the former executive lose $12 million worth of shares in the company.
Chinese investors can offload property, recoup losses from failed investment scheme
A Gold Coast development property procured through a settlement with a Sydney-based financial advisory firm facing two separate class actions can be sold to recoup losses by investors who sank over $14 million into a property investment scheme, a court has found.
Sydney light rail case ‘wholly unsuitable’ as a class action, Transport for NSW tells court
The NSW government has flagged a possible challenge to a class action over Sydney's $3 billion delayed light rail project as the four-week trial scheduled for June is pushed back another year to allow time for more discovery.