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Volkswagen has appealed a record $125 million penalty handed down over its emissions cheating scandal by a judge who criticised a $75 million settlement agreement with the Australian Competition and Consumer Commission as "manifestly inadequate".
Six of Australia's biggest financial services institutions have so far paid or offered $749.7 million in compensation to hundreds of thousands of customers who were provided with non compliant financial advice or charged fees for no service, but the refunds to date are just the tip of the iceberg.
A Canadian trader is appealing a ruling that threw out his $10 million defamation case against the Australian Securities and Investments Commission over allegedly defamatory communications the regulator sent to major stockbrokers.
Engineering services company CIMIC will fork over $32.4 million to settle a shareholder class action, with group members expected to get 40 per cent of the settlement total if the court approves the requested legal costs and funder's commission.
The lead applicant in a shareholder class action against laser technology company Arasor will walk away with a fraction of the approximately $508,000 in legal and other bills it has racked up in disputes with the ATO and funder International Litigation Partners following the approval of a $19.25 million class action settlement more than two years ago.
A judge has sentenced the founder of defunct whitegoods distributor Kleenmaid to nine years in prison for his role in a $13 million fraud against Westpac, saying it would be "obnoxious and naive" to consider his crimes victimless.
Women's clothing retailer Sussan is facing a lawsuit from an employee who claims he suffered psychological injury after being forced to don gold hotpants, a bikini top and a pink cowboy hat and perform with a Kylie Minogue impersonator at a company event.
Computer processing giant Intel cannot register 'Intel Falcon' as a trade mark for drones, with an IP Australia officer finding the mark is deceptively similar to three existing marks.
Two shareholder class actions against failed electronics retailer Dick Smith will head to trial in March, after a failed attempt to resolve the long-running dispute in mediation.
Clyde & Co has snagged three insurance partners from Norton Rose Fulbright, as the global firm continues to expand in Australia.