Two law firms accused of providing negligent advice to Dover Financial over a so-called client protection policy found to be “highly misleading” have argued the defunct financial advisor should not be able to recover the $1.2 million penalty it was ordered to pay.
Investors in collapsed stockbroker Halifax Investment Services have failed to overturn decisions in Australia and New Zealand relating to the date of realisation of their investments which have decreased the amount they can recover in the company’s liquidation.
A court has shut down Facebook’s renewed push to cut off Melbourne-based content strategists Sked Social from posting on Instagram on behalf of its clients, with a judge saying the social media giant’s justification for varying the injunction order was “flimsy and possibly strategic”.
Crown Resorts has avoided having its casino licence stripped, for now, with a Victorian Royal Commission giving the casino operator two years to clean up its act after finding it failed to prevent “illegal, dishonest, unethical and exploitative” conduct.
A class action has been filed alleging the Morrison government has a novel duty of care to protect Torres Strait Islanders from the devastating effects of climate change.
BlueScope Steel general manager Jason Ellis was not an honest witness and did not express genuine regret when he apologised for obstructing an ACCC investigation, a court hearing the regulator’s price-fixing case was told Tuesday.
A Canberra property developer that misled investors about GST on its apartments does not have to pay compensation to the lead applicant in a class action against it, an appeal court has found.
A judge overseeing a class action against the Australian arm of Thai state owned oil giant PTT has rejected attempts to limit the claimed damages from one of Australia’s largest oil spills, saying the disaster was “widespread” across Indonesian islands in the Timor Sea.
Asset manager Aurora Funds has won its bid to toss a demand by law firm Piper Alderman for $119,335 in allegedly unpaid legal fees, with a judge finding the terms of a settlement deed between the parties may operate as a “penalty” for defaulting on payments.
Embattled Sydney accountant Vanda Gould has lost his defamation case against the Commissioner of Taxation, with a court finding Chris Jordan’s defamatory comments constituted a “robust”, but proportional, counter-attack to Gould’s public disparagement of the Australian Tax Office.