Nine-owned Fairfax Media has been sent back to the drawing board to redo what a judge called a “very unhelpful” defence to a defamation lawsuit brought by venture capitalist Elaine Stead over articles that appeared in the Australian Financial Review about her role in the collapse of fund manager Blue Sky Alternative Investments.
Two shareholder class actions against failed electronics retailer Dick Smith will head to trial in March, after a failed attempt to resolve the long-running dispute in mediation.
Melbourne-based fintech ISignthis and its directors are facing a possible shareholder class action over a December profit downgrade.
An Australian law graduate and businessman who convinced tech billionaire Peter Thiel to fund a defamation lawsuit that ultimately bankrupted famed US gossip blog Gawker has filed a lawsuit seeking $2 million from a former business partner.
The Australian Competition and Consumer Commission’s case alleging STA Travel hit customers with $1 million in hidden fees and commissions through an add-on that purported to cover the cost of flight changes will go straight to a penalties hearing after the student travel agent made admissions.
Hotel booking aggregator Trivago misled consumers about its cheapest price promise by arranging its listings according to payments it received instead of the actual hotel room price, a court has found.
Lawyerly’s Litigation Firms of 2019 racked up multiple wins last year in high-stakes litigation against formidable opponents, including the country’s top regulators.
The lead plaintiffs in two shareholder class actions against Dick Smith can amend their case against accounting firm Deloitte, less than two months before a mammoth hearing is set to commence.
Elaine Stead, venture capitalist and former executive director of doomed fund manager Blue Sky Alternative Investments, has filed defamation proceedings against Nine-owned Fairfax over a series of articles criticising her role in the company’s collapse.
The property developers behind two Canberra apartment complexes have been dealt a partial loss in two class actions against them, with a judge finding the developers misled the lead applicants about the GST payable on their units but that only some of them were entitled to compensation or restitution.