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Cladding maker 3A Composites points finger at third parties in class action defence
German cladding manufacturer 3A Composites has denied that its cladding is unsafe and caused class members loss and damage, instead pointing the finger at unknown third parties and arguing the Federal Court does not have jurisdiction to hear the matter.
Westpac defeats ASIC home loan case
Westpac has defeated a responsible lending case brought by the Australian Securities and Investments Commission in relation to almost 262,000 home loans, with the Federal Court finding the corporate regulator misinterpreted the operation of national lending laws.
Surfstitch, shareholders to make ‘last, final attempt’ at class action settlement
The parties in two shareholder class actions brought against online fashion retailer Surfstitch will make one “last, final attempt” to resolve the proceedings in mediation after a proposed settlement was thwarted by a judge last year, a court heard Friday.
‘Nothing more than a witch hunt’: Clive Palmer agrees to multimillion dollar Queensland Nickel settlement
Mining magnate Clive Palmer says he feels "vindicated" after reaching a multimillion dollar settlement that resolves the majority of claims brought against him following the $200 million collapse of his company Queensland Nickel in 2016.
Moreton wins appeal over R&D tax credits for failed coal gasification project
Australian coal miner Moreton Resources has won a Full Federal Court appeal over tax offsets it claims are owed over a failed pilot project testing underground coal gasification, a process which was ultimately banned in Queensland.
ACCC challenges court’s dismissal of ‘flushable’ wipes case
The Australian Competition and Consumer Commission has appealed a Federal Court judgment tossing its consumer case against Kimberly-Clark over "flushable" wipes.
Samsung Bioepsis sues to invalidate Humira biosimilar
Korean drug company Samsung Bioepis has filed a lawsuit seeking to invalidate German drug company Fresenius Kadi's patent for a biosimilar of blockbuster arthritis drug Humira.
Class action dropped against failed financial planner Navra Group
The applicants in a class action against Navra Group have dropped their case after group members settled their claims in a separate proceeding with the defunct financial planner's liquidators.
Ex-Norton Rose lawyer can appeal privilege ruling over partner communications in feud with firm
A terminated Norton Rose Fulbright partner has won a bid to challenge a ruling in his dispute with the law firm that denied him access to communications between partners on the grounds that the documents were privileged.
IOOF CFO slams disqualification case as ‘egregious’ example of impulsive enforcement
Lawyers for IOOF chief financial officer David Coulter have dismissed APRA’s allegations that he breached his superannuation duties as commercially “naïve”, “absolutely desperate” and a "most egregious example” of impulsive regulatory enforcement action.