Insurer Bond & Credit Company has lost its appeal of a decision ordering it to indemnify an Australian non-bank lender that provided $8 million in trade finance to companies in Phoenix Group shortly before its collapse.
A judge has dismissed Uber’s application to trim down a class action brought by taxi and hire car drivers in four states over the introduction of UberX, finding that cutting claims related to the hire care driver group would cause “real prejudice”.
Sixteen law firms and accounting firms have thrown their hat in the ring to administer a $300 million settlement in two class actions against Johnson & Johnson over pelvic mesh devices that injured thousands of women.
The applicants in a consolidated investor class action against Blue Sky Alternative Investments and auditor EY will be applying for a so-called solicitors common fund order, and will move to transfer the case to the contingency-fee friendly Victoria Supreme Court if the groundbreaking application fails.
Uber wants to trim a class action by taxi and hire drivers in four states over the introduction of UberX, saying the case lacks coherence.
The Indian government has lost a bid to register a trade mark for the word ‘Basmati’, after an IP Australia delegate found rice growers outside of India had an “equally valid claim” to use the term.
A Victorian barrister has been found guilty of contempt of court for representing her sons despite an order barring her from legal practice, but a judge dismissed a call by the legal watchdog to record a criminal conviction, saying the lawyer had not been deliberately defiant.
Stock broker Fortrend Securities has secured an order prohibiting two former advisors from contacting their old clients while they litigate a dispute alleging the advisors conspired with Shaw & Partners to poach customers.
UGL Limited has agreed to pay $438,000 to settle a class action accusing the engineering company of underpaying casual aluminium construction and manufacturing workers over a three year-period.
The Australian Competition and Consumer Commission has won its appeal against Employsure over alleged misleading Google advertisements, with the Full Federal Court upping the penalty against the specialist workplace relations consultancy from $1 million to $3 million.