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Top barrister retained interest in Mark Elliott’s funding co. after wife sold shares, court told
Court documents sought to be kept confidential in a case alleging professional misconduct against barrister Norman O'Bryan SC in his role as counsel for a class action over the collapse of Banksia Securities accuse the top silk of continuing to have an interest in the funder that bankrolled the proceedings after his wife was said to have sold her shares.
The house wins: Aristocrat beats out IP Australia in fight over slot machine patents
Gaming giant Aristocrat Technologies has succeeded in its appeal of an IP Australia decision rejecting four of its gaming patents, with a judge finding they were "not a mere scheme" but an actual manner of manufacture.
Judge approves $212.5M toxic foam class action settlement
A judge has given his blessing to a landmark $212.5 million settlement of three class actions over the use of allegedly toxic firefighting foam at government military bases despite a “large number” of objections.
ASIC, ANZ gear up for battle over Ashurst advice in bank fees case
ASIC has launched a bid to gain access to legal advice provided by Ashurst to Australia and New Zealand Banking Group in the regulator's case over $35 million in allegedly illegal bank fees.
CBA hit with $5M penalty for overcharging customers
A judge has approved a $5 million penalty against the Commonwealth Bank of Australia for overcharging customers $8 million in fees and interest on its agricultural products, despite previously expressing concerns that the penalty was "on the light side".
Judge slams ‘deficient’ explanation behind $2.9M penalty in ACCC, HealthEngine case
A penalty hearing in the ACCC's case against health booking company HealthEngine over misleading online reviews has been adjourned after a judge criticised the parties' joint submissions as "deficient" for failing to explain how a proposed $2.9 million penalty had been arrived at.
Ex-Ferrari CEO tried to convince employee to have abortion, court papers show
The former CEO of Ferrari Australasia allegedly tried to talk an employee with whom he was having an affair into terminating her pregnancy, according to his lawsuit alleging he was unfairly sacked for engaging in what was "routine" behaviour among the upper ranks at the prestige car maker.
Toxic foam class action settlement hearing runs to second day, with ‘unusual’ number of objections
The settlement of three class actions brought against the Commonwealth of Australia over its alleged use of toxic firefighting foam on government military bases is facing an unusually high number of objections, pushing an approval hearing into a second day as dissenters voice their concerns in court.
Robodebt recipients won’t be asked to waive class action claims
Centrelink recipients eligible for a share of $721 million in refunds on debts paid as part of the controversial Robodebt scheme will not be asked to sign away their rights in an ongoing class action, but whether the Morrison Government will seek to shut down the case remains to be seen.
‘An immediate conflict of interest’: Appeals court tosses opt out notices in AMP class action
An appeals court has vacated orders sending opt out and registration notices to shareholders in a class action against AMP after a successful challenge by the lead plaintiff in a competing class action that was stayed after a high-profile litigation beauty parade last year.