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In battle of Spitfire creditors, appeals court provides clarity on R&D refunds
Appeals 2023-05-31 2:22 pm By Cindy Cameronne

A private investment fund has won its claim as a secured creditor over $2 million in research and development tax refunds that a court previously found should go to employees in a fight over funds remaining following the collapse of fintech Spitfire Corporation.Ā 

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Banton Group snags two ‘hardcore litigators’ to power overseas expansion
Business of Law 2023-05-31 5:05 pm By Gareth Baker

Boutique litigation firm Banton Group has hired Laura Keily and Ryan McCrosson as name partners, as as the firm eyes expansion into the US, UK and Cayman markets.

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Tyro class action judge OK’s $2.5M in settlement deductions after railing against earlier deal
Class Actions 2023-05-30 11:04 pm By Cindy Cameronne

A judge who eviscerated a prior bid by a law firm and funder to take home 60 per cent of a $5 million class action settlement with Tyro has allowed them to net half of the proceeds, questioning whether some of the costs amounted to a ā€œcomplete breachā€ of legal professional duties.

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Trial vacated in class action against Deloitte over Hastie audits
Trials 2023-05-30 2:57 pm By Christine Caulfield

Trial in a protracted class action against Deloitte over the collapse of construction group Hastie has been abandoned, signalling a settlement is in the works.

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King & Wood Mallesons ignored Sargon liquidators’ demand for $540,000, court told
Restructuring & Insolvency 2023-05-30 10:53 pm By Sam Matthews

A lawsuit by the liquidators of Sargon Capital alleges law firm King & Wood Mallesons ā€œrefused or neglectedā€ a demand to return over $540,000 in alleged unfair preference payments and should have known the fintech was insolvent when the payments were made.

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Bruce Lehrmann drops defamation case against News Corp
Defamation 2023-05-30 3:26 pm By Christine Caulfield

Accused rapist Bruce Lehrmann has discontinued his case alleging News Corp and journalist Samantha Maiden defamed him with the publication of two articles on the alleged assault of Liberal staffer Brittany Higgins.

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‘Why do they have to be so precise’: Judge quizzes crypto issuer over class action pleadings
Cryptocurrency 2023-05-30 3:53 pm By Sam Matthews

The judge overseeing a class action against Qoin cryptocurrency issuer BPS Financial and several related companies has questioned the level of precision required of the pleadings, as the company fights theĀ  applicantā€™s bid to amend its case for the fourth time.

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Tradie platform Hipages admits using ā€˜subscription trapsā€™
Competition & Consumer Protection 2023-05-30 11:05 pm By Gareth Baker

Online home improvement platform Hipages has admitted that it likely engaged in misleading or deceptive conduct by failing to disclose contract terms that allowed it to automatically renew subscriptions and charge early termination fees.

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FWO urged to redo maths in underpayments case against Rebel Sport owner
Employment 2023-05-30 11:48 pm By Gareth Baker

A judge has urged the Fair Work Ombudsman to act quickly after it told the court it accidentally undervalued claimed underpayments in a case against the owner of Rebel Sport, the regulatorā€™s first case against a holding company for alleged wrongdoing by its subsidiaries.

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Showdown looms as class actions pile up against Hyundai, Kia
Class Actions 2023-05-29 3:43 pm By Christine Caulfield

A third law firm has launched class actions against Hyundai and Kia, setting the stage for a courtroom battle to determine which team of solicitors can bring cases over alleged defective engines against the Korean car makers.

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