Embattled investment firm Linchpin Capital has sued auditors Grant Thornton and Moore Stephens for signing off on the compliance plan for a registered fund that allegedly used investor money to advance the company’s business interests and line its directors’ pockets.
The applicant in an investor class action against Virgin Australia plans to appeal a judgeās decision requiring litigation funder Balance Legal Capital UK to give the airline an indemnity in order to bring the proceedings, saying the indemnity āsubstantially changes the risk calculus” for group members.
Facebook and Google have flagged their intention to seek a stay or declassing order in a class action over a 2018 ban on cryptocurrency ads.
Facebook owner Meta has filed a bid to pause a case by the consumer regulator over scam cryptocurrency advertisements until the determination of a private criminal action brought by mining magnate Andrew Forrest.
A judge has called off a pre-trial hearing to determine whether the new serious harm element in Australia’s defamation laws is satisfied in a case brought by a weight lifting coach, citing an āunfortunate turn of events”.
A law firm whose principal has been barred from practicing has been restrained from obstructing a Thomson Geer partner appointed to manage it.
Facebook-owner Meta has lost its bid for broad non-publication orders in its battle with the ACCC over material it says could prejudice jury members in criminal proceedings by mining magnate Andrew Forrest.Ā
The Australian Competition and Consumer Commission has appealed a judgment that found its case alleging Retail Foods Group misled franchisees should be run using a sample of stores.
Puma has failed in its bid for leave to appeal a decision that found its āProcatā trade mark was deceptively similar to US machinery manufacturer Caterpillarās CAT marks.
Retail Food Group wants to shut down a class action brought on behalf of current and former franchisees of its Michel’s Patisserie chain who claim to have suffered losses stemming from changes to the franchise giant’s supply chain in 2015 and 2016.