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The applicant in an investor class action against Virgin Australia plans to appeal a judge’s decision requiring litigation funder Balance Legal Capital UK to give the airline an indemnity in order to bring the proceedings, saying the indemnity “substantially changes the risk calculus" for group members.
A judge has struck out claims accusing Corelogic of unauthorised scraping of confidential information from building information provider BCI Media’s copyright-protected leads platform, finding the case was “defective and deficient in many respects”.
Westpac has criticized the lead applicant in a class action filed in the wake of AUSTRAC proceedings for the "disorderly" conduct of the lagging proceedings, with discovery yet to be finalized as the case nears its third anniversary.
An appeals court has refused a bid by Bianca Rinehart and John Hancock to block an arbitrator from deciding a long-running dispute over valuable mining assets, despite his wife having acted for Gina Rinehart in related proceedings.
A judge has ruled that a litigation funder for an investor class action against Virgin must give the airline an indemnity to bring proceedings despite finding a deed of company arrangement requiring the pay-out “didn’t make sense”.
Westpac and the lead applicant in a class action filed in the wake of AUSTRAC proceedings are still battling it out over discovery of evidence three years into the case. And the applicant claims the bank's discovery protocol fails the new test set by the Full Federal Court earlier this year.
Law firms Shine Lawyers and Phi Finney McDonald have won a contest to jointly run a class action against embattled tech company Nuix, with rival Banton Group losing out on its “opaque” funding agreement.
Gaming giant Aristocrat Technologies has lost its legal challenge to a decision that rejected a patent for its popular Lightning Link electronic poker machine, after six High Court Justices were equally split on whether it could be patented.
A Globaltech patent for mining survey tools is facing another test, with rival technology company Reflex Technologies lodging an appeal after its invalidity challenge flopped.
The largest shareholder in payday lender Nimble has lost its challenge to a decision blocking it from accessing company documents about an impending debt refinance, with an appeals court finding the investor’s concerns had “an air of commercial unreality”.