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Law firm loses fight over legal fees in Romeo’s class actions
Adero Law 2022-10-06 3:18 am By Cindy Cameronne Sydney

A judge has rejected a class action law firm’s challenge to her decision to slash its fees in two underpayments class actions against supermarket chain Romeo’s after finding it “seriously breached” rules of the legal profession. 

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Jones Day snags intellectual property ace from Clayton Utz
Business of Law 2022-10-06 3:08 am By Cindy Cameronne Sydney

US-based multinational firm Jones Day has lured a partner from Clayton Utz to join its intellectual property team in Melbourne.

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Judge throws out ASIC evidence on tweets in ASX Wolf Trader’s case
ASIC 2022-10-05 4:48 pm By Cindy Cameronne Sydney

The self-declared “wolf trader” of the Gold Coast, Tyson Scholz, has won his bid to exclude ASIC’s evidence about the meaning of his tweets in its case accusing him of providing unlicensed financial services.

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Facebook page admin hit with $205,000 judgment for defamatory comments
Construction 2022-10-05 3:29 pm By Cindy Cameronne Sydney

A judge has ordered a Victoria local councillor to pay a developer $205,000 in damages after finding he was responsible for comments on a community Facebook page he ran that alleged the developer was corrupt.

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Court appoints liquidator to litigation funder after claims of misuse of funds
Justice Anthony Besanko 2022-10-05 1:41 pm By Cindy Cameronne Sydney

Liquidators have been appointed to a litigation funder behind a funding agreement ripped up by the court last year that would have given it a hefty 85 per cent commission.

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Humm points finger at Forum Finance in SMBC’s $34M lawsuit
Bridges Lawyers 2022-10-04 11:40 pm By Cindy Cameronne Sydney

Fintech Humm has admitted to making “misrepresentations” to Japanese bank SMBC over allegedly worthless receivables linked to Forum Finance but has denied it was negligent, claiming a Forum Group unit should share the burden of paying any damages in the $33.6 million lawsuit.

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KordaMentha launches financial crime service with new acquisition
Business of Law 2022-10-04 3:31 am By Cindy Cameronne Sydney

Responding to increasing crackdowns on anti-money laundering and counter terrorism breaches, Melbourne consulting firm KordaMentha has merged with Australian advisory firm Murray Waldren Consulting to form a new financial crimes service. The partnership comes off the back of damning reports by gaming regulators in NSW and Victoria into major casinos Star Entertainment and Crown Resorts.…

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Full Court upholds validity of Pfizer’s Dynastat patent
Adrian Ryan 2022-09-30 4:58 pm By Cindy Cameronne Sydney

A judge has thrown out competing appeals of a decision finding Pfizer’s patent for its post-operative injectable painkiller Dynastat is valid and that Australian drug maker Juno Pharmaceuticals infringed the patent by selling generic versions of the drug in Australia.

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Law firm heads sing praises of ‘compassionate’ new High Court judge
Courts 2022-09-30 3:06 pm By Cindy Cameronne

For many in the legal profession the choice of Justice Jayne Jagot to replace the outgoing Justice Patrick Keane on the High Court, heralding a new era of judicial diversity on the top bench, was hardly a surprise.

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‘I have no faith in your time records’: Class action firm ticks off judge
Adero Law 2022-09-29 4:08 pm By Cindy Cameronne

A judge who slashed the fees of a law firm that reached a $1.55 million settlement in two class actions against supermarket chain Romeo’s has expressed her “annoyance” at the firm’s attempt to tender time records to justify the bill.

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