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ASIC has won approval to bring claims against troubled regional airline Rex and four of its directors for allegedly misleading investors about the company's financial position.
Class action settlements leaped in value last year, with three settlements topping the $200 million mark.
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The owners of luxury fashion department store Harrolds are facing a $10 million lawsuit over alleged unpaid rent on the business' flagship Collins Street store in Melbourne.
Graincorp may face new allegations in a class action that the use of n-Hexane at an oilseed factory in rural Victoria had an impact on the health of local residents.
A judge has approved a $57.5 million settlement in a class action against ANZ over credit card interest, including allowing the funder to recoup $1.2 million in after-the-event insurance costs.
A NSW Supreme Court judge has hinted there may be changes to a new practice note on the use AI in court proceedings, following complaints about how it applies to discovery and expert evidence.
UK currency exchange Wise has lost its challenge to a crypto asset management firm's ‘Bitwise’ trade mark, with IP Australia finding it could not monopolise the word ‘wise’.
Hoping for a discounted penalty, fintech iSignthis has won its bid to adduce evidence of without prejudice offers it made to reach a resolution with ASIC before the regulator took it to court.
Bayer has filed a High Court challenge to a decision that invalidated its patents for blockbuster blood thinner Xarelto, saying it would adversely affect drug research and development.
The federal government spent more than $600 million on private law firms in 2022-23, and Clayton Utz was the firm the government turned to the most.