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The credibility of a witness in the ACCC's dismissed cartel case against Cascade Coal may prejudice an upcoming criminal trial against the son of former NSW Labor minister Eddie Obeid, a court was told Friday.
ASX-listed Servcorp has settled court action by the consumer watchdog over unfair terms in its small business contracts that shielded the office space provider from liability and gave it unilateral power to terminate agreements with customers.
The US securities regulator is reportedly looking into Facebook's disclosures to investors about the harvesting of user data by political research firm Cambridge Analytica, as the company faces the threat of a privacy class action in Australia over the data debacle.
Cash Converters has been asked to produce data on individuals that it provided payday loans to in Queensland in a class action alleging it charged a brokerage fee to borrowers for services they never received.
The judge that temporarily barred CrownBet from moving forward with its planned rebrand to Sportingbet said Sportsbet has made a 'strong' case that use of the mark by CrownBet is likely to cause confusion among consumers of online betting services.
The litigation funder behind the Federal Court's precedential ruling that established the first common fund order in an Australian class action agreed to cuts its rates as part of negotiations that resulted in the $132.5 million settlement of the class action against QBE Insurance.
The law firm behind one of four AMP class actions in Federal Court might call for an anti-anti-suit injunction in response to a threat by a NSW Supreme Court judge to block the actions from proceeding in favour of the lone case filed against the wealth manager in state court.
Facing cross-examination over the law firm's bid to add fraud and deceit claims to a class action against Fitch Ratings, a Squire Patton Boggs lawyer exchanged fire with a barrister for the ratings agency, saying Fitch was having a regular "whinge" about discovery and "no" she would not take the comment back.
Online bookmaker Sportsbet has secured an interim injunction against Crownbet that temporarily blocks its rival from plans to rebrand its betting company Sportingbet.
A trial is set to kick off at the end of July in two class actions brought on behalf of holders of debentures who allege they suffered losses due to Australian Executor Trustees' mismanagement of debenture issuer Provident Capital.