Most Recent
ACCC flags competition concerns with Dye & Durham’s $2.9B bid for Link
The ACCC has raised concerns that Canada-based Dye & Durham's proposed $2.9 billion acquisition of technology services provider Link could harm competition in the market for digital conveyancing services.
Full Court finds class actions are not managed investment schemes
In a significant victory for litigation funders, the Full Federal Court has found that funded class actions are not managed investment schemes subject to regulatory oversight, gutting the legal basis for reforms enacted by the Morrison government in 2020.
‘Unsatisfactory state of affairs’: 7-Eleven class action funder wants $16.6M advance on payout
A litigation funder for two franchisee class actions against 7-Eleven has asked a court for a $16.6 million payout to cover its costs before a judge rules on how much it can pocket from a $98 million settlement.
ASIC wins contested extension in Mayfair, Mawhinney appeals
A judge has granted ASIC a hotly contested extension of time in appeals brought by  Mayfair Group and founder James Mawhinney after a judge slapped the investment group with a $30 million penalty.
Law firm seeks 30% cut in EML shareholder class action
The law firm that's running a shareholder class action against payment processing company EML will seek a group costs order for a 30 per cent cut of the suit's proceeds.
Toyota appeals loss in $2B diesel filter class action
Toyota has lodged an appeal of a judgment that could see it owe around $2 billion to 260,000 car owners for selling vehicles with defective diesel filters for more than they were worth.
Mayfair’s James Mawhinney agrees to steer clear of IPO Wealth investors
Mayfair Group’s James Mawhinney has given an undertaking to not contact group members in a class action against a trustee of the collapsed IPO Wealth fund after allegedly urging investors, through a PR firm, to reject a settlement offer.
CBRE offered to pay $600,000 before winning $20M negligent valuation case
A court has handed CBRE indemnity costs for successfully defending a negligent land valuation lawsuit by defunct fund manager City Pacific after it had offered $600,000 to settle the case.
ACCC may put brakes on Aurizon’s $2.3B bid for One Rail
The Australian Competition and Consumer Commission has raised preliminary concerns that Aurizon's proposed $2.3 billion acquisition of rail haulage company One Rail could stymie competition in the NSW and Queensland markets for coal haulage services by rail.
Meta wants details of tech capabilities kept under wraps in ACCC case
Facebook owner Meta is fighting for broad non-publication orders in its battle with the ACCC over material it says could prejudice jury members in criminal proceedings by mining magnate Andrew Forrest.