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A judge has questioned the level of detail in a 1,700-page proposed amended pleading in a shareholder class action over the collapse of fund manager Blue Sky, expressing "frustration" at the amount of unnecessary work that goes on in class actions.
Richard White and his anti-money laundering software company Kyckr have hit back at an unfair dismissal case by the company's former chief technology officer, claiming she was terminated for “longstanding performance issues”.
Star’s former boss and chief legal officer have argued that a judge erred in finding they breached their directors’ duties by allegedly failing to inform the board of unacceptable money laundering risks in its Sydney casino.
A judge has approved a $120 million settlement in a class action against AMP that followed the banking royal commission, saying while it was a “very disappointing outcome” for group members it was still fair and reasonable.
A class action on behalf of 32,000 ALDI workers who were allegedly denied pay for pre- and post-shift work has settled for $55 million, with the retail workers union set to receive $1.5 million towards its costs.
Construction PRO
Liquidators appointed by the court to five companies behind $130 million worth of construction projects in Brisbane have won more time to bring potential claims while they investigate several matters, including an allegedly “very odd” tax situation.
A judge has ruled that two early investors in iSignthis are entitled to $689,662 in compensation after finding that the fintech breached an agreement entitling them to performance shares in the company.
Former ANZ subsidiaries have filed proceedings against three insurers claiming they wrongfully denied coverage for $182 million in compensation and costs relating to financial adviser breaches to retail clients.
Construction PRO
Utility Sydney Water has claimed privilege over hundreds of documents said to reveal advice about its obligations when compulsorily acquiring land, in a dispute with a property owner over 21 hectares of land in Rosehill.
Construction PRO
A group of Gold Coast residents has asked the High Court to overturn the approval of a nine-story luxury residential development, arguing the court failed to consider the 'reasonable amenity expectations' of neighbouring residents before allowing the building to exceed local height limits.