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A new ban on unfair trading practices could significantly broaden the scope of consumer class actions, with experts predicting plaintiff firms will use the reforms to pursue claims over conduct that has until now fallen outside the reach of misleading or deceptive conduct laws.
Three Keybridge Capital directors have rejected claims that board minutes documenting a $4.75 million bonus to former CEO Nicholas Bolton were a post-hoc "concoction”, saying they accurately reflected an agreement reached during a nine-minute meeting in 2023.
Cor Cordis has lost its bid to strike out claims by the former chair of the insolvency firm that it "confected" reductions in work in progress to avoid paying his full retirement entitlements.
The corporate regulator is seeking penalty and disqualification orders against a financial adviser whose businesses allegedly earned $37 million for spruiking the collapsed First Guardian fund, a court has heard.
Viral plush toy maker Jellycat has fired off an IP suit against Coles, claiming the supermarket sold poorer quality, copycat versions of its popular anthropomorphic Christmas tree and wreath soft toys.
Former One Nation politician Mark Latham wants the High Court to overturn a ruling that found he defamed independent Sydney MP Alex Greenwich in a homophobic tweet and owes $140,000 in damages, saying the Full Court erred in construing the threshold for serious harm.
A judge has questioned counsel for a class action over public housing in the Northern Territory, grilling the barrister as to why the legal team had no contingency plan following the death of the lead applicant.
Construction PRO
A judge has dismissed a case brought by a sand importer against the Port Authority of NSW seeking to recoup alleged lost profits and reliance damages falling from a lease agreement for a multi-user facility in the Sydney harbour.
Construction PRO
A HWL Ebsworth major projects partner has been fined $10,000 for unsatisfactory professional conduct after sending angry text messages to a builder over work on his home, including one message that threatened to "bite" him.
Construction PRO
Gilbert + Tobin has launched a dedicated multidisciplinary real assets team to advise pension funds, sovereign wealth funds and others on real estate and infrastructure investments, saying the line between the investment classes has "all but disappeared".