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Low GetSwift class action settlement to get OK despite ‘slam dunk’ case
A judge has indicated he will approve the 'very low' GetSwift class action settlement because the company appeared to be broke, but the law firm behind the case has been pulled up by the court for a previous costs estimate that has blown out by $3 million.
Pfizer wins more docs in preliminary discovery saga over Enbrel biosimilar
Five years into a preliminary discovery application for a potential patent infringement lawsuit over a biosimilar of its Enbrel medication, Pfizer has partially succeeded in obtaining further documents from Samsung Bioepis.
Freezing orders extended against developer James Raptis in $110M tax case
A judge has extended asset freezing orders until next year in a $109.5 million case brought by the tax office against Gold Coast property developer James Raptis and his companies.
Judge throws out challenge to funding for Queensland energy class action
A judge has thrown out a lawsuit that argued the funding for a class action against two Queensland energy generators didn't comply with new regulations targeting litigation funders, and said a landmark judgment that held class action funding agreements were managed investment schemes was conceptually incoherent and ripe for a Full Court challenge.
Judge shoots down Colonial First State’s bid for warning in class action opt out notice
A judge has knocked back Colonial First State’s bid to warn around 100,000 group members that even if they opt out of a class action against the wealth management firm they might still be bound by the outcome of the case.
Ex-Pitcher Partners boss agrees Slater & Gordon audit went ‘off the rails’
A former partner at accounting firm Pitcher Partners has testified during a shareholder class action trial that he should have questioned statements about the viability of Slater & Gordon’s $1.2 billion Quindell acquisition, but ran out of time because its audit of the firm went “off the rails”.
PwC hit with $43M negligence lawsuit by failed VET provider Cornerstone
Accounting firm PricewaterhouseCoopers is facing claims of professional negligence by insolvent tertiary education provider Cornerstone for allegedly assisting the company's former director in overstating the company's revenue and unlawfully extinguishing his debt.
Former MP Craig Thomson arrested, charged with $2M visa fraud
Former Labor MP Craig Thomson has been arrested and charged with reaping more than $2 million from facilitating more than 130 fraudulent visa applications.
Ex-Healthe Care exec fined $10,000 for insider trading
A former executive of hospital operator Healthe Care has been sentenced and fined $10,000 after pleading guilty to one charge of insider trading for acquiring a large number of the company's shares while in possession of inside information regarding plans to acquire a rival hospital operator.
Christian Porter loses court bid for notes of meeting between silk, accuser’s friend
A judge has denied former Attorney-General Christian Porter access to material about a crucial meeting involving Jo Dyer, the friend of a woman who accused him of rape, which he sought to bolster his appeal of the removal of silk Sue Chrysanthou from his now-settled defamation case against the ABC.