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Chinese crypto miner wins return of equipment in five-way stoush
A Chinese crypto miner has won its equipment back, for now, after a Melbourne business it charged with looking after the machines allegedly allowed four other businesses to access them, culminating in a five-way stoush involving an ambulance and police.
MinterEllison pulls out of Adelaide Festival over Palestinian authors
MinterEllison has pulled its sponsorship of the upcoming Adelaide Festival because of the inclusion of two Palestinian writers known for their anti-Zionist views, citing concerns about “racist or antisemitic commentary.”
High Court to hear appeal over liability for developer’s source code theft
The High Court will hear an appeal over whether real estate agent Biggin & Scott should be held liable for copyright infringement for its supposed "indifference" to the copying of real estate marketing platform Campaigntrack's source code by a developer.
‘Porsches, Lamborghinis and racehorses’: Court hears details of alleged $400M Forum Finance fraud
Westpac has told a court that it is “inconceivable” that Forum Finance directors Bill Papas and Vince Tesoriero and funded their lavish lifestyles legitimately, as trial kicked off in the bank’s $400 million fraud case against the Forum companies.
ASIC says James Mawhinney’s defamation case doesn’t clear ‘serious harm’ bar
The Australian Securities and Investments Commission has hit back at a defamation suit by Mayfair 101 founder James Mawhinney over a media release, saying it doesn't meet the new 'serious harm' threshold for defamation matters.
COVID-19 hotel quarantine class action defeats state’s bid for stay
A class action on behalf of businesses claiming harm from the 2020 hotel quarantine debacle has staved off the state of Victoria’s bid for a stay pending a criminal action against the Department of Health.
Mesoblast looks to exclude some investors from shareholder class action
Regenerative medicine company Mesoblast has hit back at a shareholder class action over its Remestemcel-L treatment for COVID-19, saying that some group members are barred from bringing claims because of a settlement reached in a US class action.
Wotton + Kearney nabs MinterEllison partner to lead new Adelaide office
Insurance law firm Wotton + Kearney has lured a MinterEllison partner and her team to its recently established Adelaide office, as well as a special counsel from Barry.Nillson.
Class action members benefit when funder’s payout in line with risk, judge says
In reasons for approving a $41 million deal to settle one of three shareholder class actions over Slater & Gordon's acquisition of a UK firm and awarding the funder 28 per cent, a judge has challenged a persistent notion that the interests of litigation funders and group members are at odds.
Nuix says it didn’t have to disclose $17M post-IPO shortfall to investors
Hitting back at ASIC's claims it misled investors and breached disclosure rules, technology company Nuix says it had no knowledge it was failing to meet its FY21 forecast and didn’t need to disclose to investors draft documents showing missed internal targets.