The Port of Newcastle must slash its access charge for Glencore coal ships by 20 per cent, the Australian Competition and Consumer Commission has determined.
A Federal Court judge that threw out a consumer class action against MyBudget has denied the budget management company’s bid for costs, finding the case was brought in the public interest.
A Federal Court judge has allowed the plaintiffs in a class action alleging a unit of Westpac failed to detect the fraud of convicted Ponzi schemer Michael Samra to proceed with their claims against Samra’s defunct company.
HarperCollins has lost its bid for summary dismissal of a defamation lawsuit brought against it by two psychiatrists at the centre of the deep sleep therapy scandal that rocked the medical world in the 1960s and 70s.
The stakes will be high for both sides when some of the country’s top competition lawyers face off against the ACCC Tuesday in the first hearing in a closely watched criminal cartel case against three investment banks over a $2.5 billion ANZ institutional share placement.
Shine Lawyers has acquired boutique class action firm ACA lawyers, a deal that will create the second largest class action firm in Australia by caseload and position the firm to take advantage of an expected increase in shareholder class action work.
Macmahon Holdings has agreed to pay $6.7 million to settle a shareholder class action alleging the mining company failed to provide adequate disclosures about the impact delays on a project for Rio Tinto in the Pilbara would have on its profitability.
A settlement offer promising swift payment that was sent to class members in a lawsuit against Powercor Australia over the 2018 St Patrick’s Day bushfires in Victoria was misleading, a judge has found.
The Australian Maritime Safety Authority has convinced a Federal Court judge that 90 tonnes of oil spilled near the Great Barrier Reef in 2015 came from a vessel operated by international shipping company Globex.
The ACCC has opened an inquiry into the inordinately high exchange fees consumers face when sending money outside Australia.