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A $175 million deal struck to resolve 30 class actions on behalf of junior doctors in Victoria has earned the approval of a judge, who took the unusual course of dispensing with a court hearing on the settlement.
eToro settles with ASIC in novel suit over CFDs
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The court will not get a chance to rule on the design and distribution obligations in the marketing of contracts for difference, after the Australian Securities and Investments Commission reached an agreement with eToro to resolve the first case of its kind.
Judge won’t recuse himself from harassment case over GoFundMe
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A judge has refused to recuse himself from a sexual harassment case against the Western Australian Department of Justice after counsel for the department donated $500 to a GoFundMe for his brother-in-law.
JLL’s legal woes worsen with new suit by former CEO
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The former CEO for JLL’s Australian unit has sued the real estate firm after he was allegedly terminated following an investigation into a complaint against a manager.
Ex-Keybridge CEO can’t bring derivative suit over ACM investment
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Former Keybridge CEO Nicholas Bolton, who was voted out in a board spill earlier this year, has lost his bid to bring a derivative suit against director Frank Catalano over a failed bid to acquire a rural publisher previously owned by Nine.
ATO defeats bid by Brite receivers to be dragged into ASIC case
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A judge has refused to join the ATO as an interested party to a case over the receivership of investment platform Brite Advisors, after the receivers worried they could be on the hook for $75.4 million in capital gains tax.
Entrepreneur Aaron Sansoni secures injunction, contempt conviction against ex-CFO
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The sacked CFO of Aaron Sansoni Group International who allegedly took control of the company’s domain names and the business name of its eponymous founder has been convicted of contempt and hit with freezing orders.
Banksia case against receiver has dim prospects, is out of time, court finds
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KMPG partner John Lindholm has escaped a potential probe into his decision to endorse a settlement in the scandal-ridden Banksia Securities class action as the receiver for the collapsed lender.
Apple, Google say orders sought by Epic Games go ‘well beyond’ case
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In the wake of a judgment that Apple and Google misused their market power in running their app stores, the tech giants are fighting injunctions proposed by Epic Games, which they say go beyond the case argued at trial.
JLL to be sued by former human resources exec
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The former human resources head for JLL in Australia is set to sue her former employer after she was allegedly sacked while on leave despite never being told she was under investigation.