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Settlements in investor class actions against financial advisory firm get court OK
A judge has signed off on settlements in two class actions against a defunct Sydney-based financial advisory firm by a group of Chinese investors over a property investment and visa scheme that allegedly saw group members lose $30 million in funds.
Sportsbet settles trade mark stoush with rival bookmaker
Rival bookmakers Sportsbet and Sportsbetting.com.au have reached a settlement in their trade mark and consumer law dispute, agreeing to drop their claims against each other for unspecified terms.
Victorian Attorney General Jill Hennessy quits to spend more time with family
Victoria's Attorney General Jill Hennessy will step down from her ministerial role in the Andrews government to spend more time with her two teenage daughters, the politician announced Wednesday.
Designer drops ‘ill-advised’ lawsuit over bikini style trade mark
Women's fashion designer Pinnacle Runway has cut its losses and dropped its challenge to a ruling that found a rival's use of the name 'Delphine' to describe a bikini style did not constitute trade mark infringement, after a judge hit the company with indemnity costs for pursuing the 'ill-advised' lawsuit.
ASIC takes CBA to court over $2.9M in overcharged interest
The Australian Securities and Investments Commission has filed civil penalty proceedings against the Commonwealth Bank of Australia for allegedly saddling consumers with $2.9 million in inflated interest rates on their business overdraft accounts on more than 12,000 occasions.
Class action against personal injury law firm to be dropped
A class action alleging a national personal injury firm overcharged clients will be discontinued after the lawyer behind the case, who failed in his bid to send a notice to group members soliciting funds, said he was not prepared to run the proceedings on a no win, no fee basis.
Gruesome culture of ‘blooding’ revealed in Afghanistan war crimes report
A "very confronting" new report into the Australian Defence Force's deployment in Afghanistan has recommended 19 soldiers be investigated by police for the alleged murder of 39 prisoners and civilians, and the cruel treatment of two others.
Settlement reached in Chinese investors’ class action against Sydney financial advisor
A settlement has been reached in a class action against a Sydney-based financial advisory firm by a group of Chinese investors over a property investment and visa scheme that allegedly saw group members lose $14.5 million in funds.
Why law firms should think twice before representing themselves
A finding this week that Norton Rose Fulbright intentionally misled a former lawyer in an employment dispute and abused the court’s processes threatens the legal career of an equity partner at the firm and is a warning to all firms to think twice before representing themselves in cases involving soured professional relationships.