Most Recent
A court has approved a settlement between the liquidators of failed fund manager Equititrust and auditor KPMG, after not a single objection was raised by unitholders or creditors who won’t receive anything after the entire amount is paid to the funder.
The funder backing the IAG add-on insurance class action has agreed to a fixed 25 per cent commission, after the plaintiff copped criticism from a judge for the largely redacted funding agreement which called for lower rates if the case settled by a certain date.
A judge has told the lead plaintiff in a class action over allegedly excessive legal fees to get their “house in order”, amid complaints by the Queensland compensation law firm at the centre of the dispute that the litigation is “costing them a fortune”.
The consumer watchdog has issued fresh proceedings against Optus over its National Broadband Network marketing, alleging the telecommunications giant sent a misleading email to consumers just two days after it copped a $1.5 million penalty for similar conduct.
Colourful Sydney barrister Charles Waterstreet is seeking an urgent hearing to lift an "emergency" suspension imposed by the NSW Bar Association to allow him to continue working on a malicious prosecution case brought by a solicitor who was accused, and acquitted, of sexual assault by a client.
An appeals court has dismissed a third attempt by directors of mortgage aggregator Connective Group to stifle a shareholder’s derivative lawsuit over a restructure that allowed the sale of 25 per cent of its business to Macquarie Bank.
Australian fresh fruit trader Red Rich Fruits has agreed to change potentially unfair contract terms that forced growers to provide credits for rejected fruit, amid concerns by the Australian Competition and Consumer Commission of widespread non-compliance in the industry.
A judge has refused to separately hear an application by a Clive Palmer-controlled company to wind up a time-share scheme at Queensland's Palmer Coolum Resort, describing the bid as an attempt by the company to avoid making admissions about its conduct, which allegedly resulted in the "death of the resort".
Domino's Pizza says it will defend a class action filed against it on behalf of thousands of delivery drivers and in-store workers who were allegedly systemically underpaid by franchisees over a five-year period.