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Law firm seeks 30% cut in EML shareholder class action
The law firm that's running a shareholder class action against payment processing company EML will seek a group costs order for a 30 per cent cut of the suit's proceeds.
Toyota appeals loss in $2B diesel filter class action
Toyota has lodged an appeal of a judgment that could see it owe around $2 billion to 260,000 car owners for selling vehicles with defective diesel filters for more than they were worth.
Tiwi Islanders sue Santos, government over offshore drilling project
Tiwi Islanders have filed a Federal Court challenge to the Barossa offshore gas project, alleging they were not properly consulted about the project, which they say would harm their culture and way of life.
Gilbert + Tobin lures M&A partner from Squire Patton Boggs
Gilbert + Tobin has wooed a corporate partner from Squire Patton Boggs with significant experience advising on transactions involving heavy hitters in the natural resources sector, including working on a US$15.2 billion rights issue by Rio Tinto.
Mills Oakley snags employment law bigwig from King & Wood Mallesons
Mills Oakley has poached a leading employment law partner from King & Wood Mallesons for its growing workplace relations team.
Merricks Capital sues to stop former exec from working at Switzer-led boutique
Melbourne-based hard assets investment manager Merricks Capital has filed court proceedings to block its ex-managing director and two other former employees from working at a investment boutique run by financial commentator Peter Switzer and his son Marty.
Mesoblast hit with second shareholder class action over COVID-19 drug
Regenerative medicine company Mesoblast has been hit with a second class action for allegedly misleading shareholders about it Remestemcel-L treatment for COVID-19 complications.
Philips Electronics fined $133,200 over deteriorating sleep machines
Philips Electronics has been fined $133,200 for failing to provide timely notice to the country's health regulator of deterioration in its sleep machines, after being hit with a class action lawsuit over degrading foam in the devices.
Qantas takes fight over axing of ground staff to High Court
Qantas has asked the High Court to reverse a judgment that found it violated the Fair Work Act by axing 1,800 ground staff partly to prevent them from bringing industrial action.
Roof tiling companies to cop penalty in ACCC cartel case
Two Sydney roof tiling businesses have made admissions in civil penalty proceedings brought by the Australian Competition and Consumer Commission alleging they rigged bids for construction at the University of Sydney.