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Over three years into a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant has won the green light to add four insurers to the case.
Gaming giant Aristocrat is suing its head of design for alleged intellectual property infringement and has secured orders restraining him from using or disclosing any of thousands of company files he is accused of copying.
The High Court has been asked to hear another case dealing with how reduction in value damages should be calculated under the Australian Consumer Law, with Ford arguing its appeal should be heard alongside two appeals in a class action against Toyota which the High Court has already agreed to take up.
A law firm is mulling a class action against Toyota over paint on certain Corolla models that allegedly peeled when exposed to sunlight or ultraviolet light, in alleged breach of the acceptable quality guarantees under the Australian Consumer Law.
Four current and former Linchpin Capital directors have been disqualified from heading up companies and hit with a combined $390,000 in penalties, after a judge found they improperly used their positions as directors to line their own pockets.
A Sanofi unit has lost its bid for more time to file a divisional application in relation to a hemophilia treatment, with an IP Australia delegate finding that a US lawyer's mistaken belief about Australian patent law did not explain the company’s failure to make the application in time.
An environmental group has lost its case alleging the federal government failed to take climate change into account when it renewed an agreement for logging in New South Wales, with a judge saying it was a ‘political’ issue rather than one for the courts.
The funders that bankrolled a securities class action against collapsed engineering firm RCR Tomlinson will ask the court to give them an $8 million cut of a $40 million settlement. A further $12 million in legal fees means shareholders will get 50 per cent of the settlement sum.
New Zealand construction giant Fletcher Building has hit back at a shareholder class action over allegedly misleading forecasts for the 2017 financial year, saying some of the claims under New Zealand law were brought out of time.
The Star is challenging a finding from the commissioner of taxation that the casino giant owes $5.3 million on payments made to junket operators, arguing the payments were not 'payments for operating or promoting a junket'.