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The Australian Stock Exchange is seeking $3.25 million in security for costs as it defends a $464 million lawsuit brought by fintech firm iSignthis, a move spurred on by the 2021 demerger of iSignthis and ISX Financial EU.
International law firm HFW has bolstered the ranks of its disputes practice in Australia, recruiting a leading commercial litigation and international arbitration partner from Corrs Chambers Westgarth.
Six more fertility clinics in states across the country are set to be pulled into a class action against Monash IVF on behalf of hundreds of men and women demanding damages for the alleged destruction of potentially viable embryos.
Max Twigg, race car driver and former owner of the famous Byron Bay Hotel, has lost an appeal of a judge’s finding that he misappropriated around $100 million in family trust money and took steps to conceal the transfer of funds from his mother.
Qantas and the Transport Workers Union both lost their appeals Wednesday of a judge’s decision finding the airline had decided to axe 1,800 ground staff partly to prevent employees bringing industrial action but refusing to reinstate the workers. The airline has vowed to take the case to the High Court.
Former synagogue president and Victorian Liberal party treasurer David Mond is suing Nine-owned Fairfax, The Age and two journalists for defamation over three articles accusing him of deciding to host a speech by a convicted spy.
A full bench of the Fair Work Commission has reversed a decision that would have allowed employees who were lawfully demoted to challenge their demotions as unfair dismissals, in a significant finding that means employers will not be exposed to claims if they properly exercise their rights, writes McCullough Robertson's Amber Sharp, Kerry O'Brien and Nathan Roberts.
ASIC has lost a bid to dismiss former G8 Education chair Jennifer Hutson's application seeking declarations that she was unlawfully examined by the regulator over the company's $162 million hostile takeover bid for Affinity Education Group.
Counsel for Peter Dutton has told a court a reader needed to do “mental gymnastics” to understand activist Shane Bazzi’s “rape apologist” tweet as saying the minister doubted rape allegations rather than “excused” the act of rape.
The husband of Sydney fraudster Melissa Caddick will be vacating the couple’s harbour-view mansion as court-ordered receivers prepare to put it up for sale.