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Silk warned by judge not to get ‘carried away’ in defamation case by bank boss Peter Schiff
Dauid Sibtain 2022-08-04 11:56 pm By Sam Matthews Melbourne

A judge has cautioned senior barrister Sue Chrysanthou over her colourful description of a 60 Minutes episode at the heart of Euro Pacific Bank boss Peter Schiff’s defamation case against Nine, urging the silk to “be careful”.

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Ex-Amobee boss who hid affair with underling can sue for disability discrimination by association
Anna Perigo 2022-08-03 5:56 pm By Sam Matthews Melbourne

A former managing director of adtech company Amobee can proceed with a complaint of disability discrimination by association, after he was fired for failing to disclose a relationship with an employee who suffered from post-traumatic stress disorder after a sexual assault by a senior executive.

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Drug companies drop bid for ACCC approval of Revlimid patent settlement
Christian Dimitriadis 2022-07-29 11:44 am By Cat Fredenburgh

Bristol-Myers Squibb unit Celgene and two generic drug makers have withdrawn an application for ACCC approval of a patent settlement that would have allowed for an early launch of a generic version of blockbuster cancer drug Revlimid.

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Funder wants $13.2M commission from confidential Opal Tower class action settlement
Alexander Barnett 2022-07-20 1:06 pm By Christine Caulfield

Although the settlement sum has not been disclosed, court documents in the Opal Tower class action reveal the litigation funder backing the case will seek $13.2 million in commission when the parties appear before the court later this year.

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Forum Finance director to get $1.25M for legal funds, despite ‘Byzantine’ financials
Allens 2022-07-20 10:35 am By Sam Matthews Melbourne

Bill Papas’ business partner Vince Tesoriero has won the release of $1.25 million to pay for his legal fees in Westpac’s fraud case against him, despite a judge’s finding that disclosure concerning his true financial position was “less than ideal” and included “staggering” discrepancies.

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Ben Roberts-Smith witnesses had ‘powerful motive to lie’, Fairfax says
Arthur Moses 2022-07-19 8:25 pm By Cindy Cameronne Sydney

Soldiers who took the stand for Ben Roberts-Smith in his defamation case against Fairfax colluded on the evidence they gave of key events, counsel for Fairfax has told a judge as a long-running trial comes to a close.

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Forum Finance director failed to disclose $150,000 in assets to court
Allens 2022-07-19 5:40 pm By Sam Matthews Melbourne

Forum Finance director Vince Tesoriero has been caught out for failing to declare over $150,000 to the court, as he took the stand to defend evidence given about his financial position in Westpac’s fraud case against him.

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Judge says Queensland energy class action should be open to all eligible consumers
Class Actions 2022-07-11 6:32 pm By Cindy Cameronne Sydney

A judge has ordered that a competition class action against Queensland power companies Stanwell and CS Energy be made open to all energy consumers in the state, saying it was not a “plain vanilla” commercial class action. 

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‘I want complete transparency’: Forum Finance director faces grilling for legal funds
Allens 2022-07-01 1:28 pm By Sam Matthews Melbourne

A judge has told Forum Finance director Vince Tesoriero to “revisit” evidence about his true financial position if he wants to win the release of $1.25 million to pay for his defence in Westpac’s fraud case against him, amid concerns about whether he has made full disclosure to the court.

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Albanese government welcomes class action funder’s defeat of MIS regulation
Adam Hochroth 2022-06-17 10:48 pm By Christine Caulfield

The federal government said Friday it would consider the implications of an appeals court’s finding that the managed investment scheme structure was unsuited to class actions, a ruling it said was a victory for ordinary Australians and a vindication for Labor.

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