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Villa owners lose transfer bid in case against Clive Palmer’s Coolum Resort
The Queensland Supreme Court judge has refused to transfer proceedings by villa owners against Clive Palmer's abandoned Sunshine Coast resort to the Federal Court, but has also rejected a separate bid by Palmer to shut down the case, which has been dormant for six years.
Full Court tosses Bellamy’s class action cost-capping appeal
Bellamy's has lost its appeals court battle to limit the costs incurred by lawyers jointly running two shareholder class actions against the baby food maker.
Judge OKs $40M Sirtex settlement, rejects ‘race to the bottom’ for funding commissions
A judge has signed off on a $40 million settlement reached in shareholder class action against Sirtex, including a $10 million cut for the funders, saying commission rates should reflect the risks taken by funders.
Regeneron steps up opposition to Kymab’s human rat patent
US biotechnology company Regeneron Pharmaceuticals has filed a Federal Court challenge after losing its opposition to a patent application by UK biopharmaceutical company Kymab for a method of producing an animal with part-human DNA.
Jack de Belin drops appeal of NRL no-fault stand down rule
Rugby league player Jack de Belin has dropped his appeal of a ruling dismissing his challenge to the National Rugby's League "no fault" stand-down rule.
Westpac lightens class action load with $23.25M in payouts
Westpac has recently agreed to pay a combined $23.25 million to settle two class actions against it, cutting the number of class actions the bank is facing in half.
ACCC waves $469M Landmark, Ruralco deal through
The ACCC won't stand in the way of rural supply giant Landmark's proposed $469 million takeover of competitor Ruralco, with the competition regulator saying the importance of customer relationships would leave room for independent retailers to compete.
Westpac to pay $13.25M to settle class action over Samra Ponzi scheme
Westpac will pay $13.25 million to settle a class action over alleged losses caused by subsidiary BankSA’s investments in a Ponzi scheme run by convicted fraudster Michael Samra.
NSW dragged into ACCC’s competition case over ports deal
The ACCC has reversed course, naming the state of New South Wales in its lawsuit over an allegedly anti-competitive agreement for the privatisation of Port Botany and Port Kembla after previously saying the law did not apply to the state.
Workers win landmark personal leave challenge against Cadbury maker Mondelez
In a majority ruling that will have significant ramifications for how companies calculate employees' personal leave days, the Full Federal Court has found that the method used by food manufacturer Mondelez in granting the entitlement for its Tasmanian shift workers left them worse off than under the Fair Work Act.