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Construction PRO
Macquarie International Health Clinic must pay an additional $900,000 in security for costs in a decades-long case over a proposed development of a private hospital within the precincts of Sydney's Royal Prince Alfred Hospital.
McDonald’s has lost its bid to send a notice to group members foreshadowing its intention to apply for soft class closure in a representative case on behalf of 350,000 workers who were allegedly denied rest breaks.
Trial has kicked off in ASIC's first-ever design and distribution suit over high-risk contracts for difference, after an in-principle agreement reached with investment company eToro fell through.
The court will not get a chance to rule on the design and distribution obligations in the marketing of contracts for difference, after the Australian Securities and Investments Commission reached an agreement with eToro to resolve the first case of its kind.
A judge overseeing a class action on behalf of 300,000 allegedly underpaid McDonald’s workers wants to know the monetary value of the claims, while also questioning why the initial trial in the complex case is set to run for 35 days.
Construction PRO
An appeals court has declined to revive a negligence case against a solicitor accused by a former client of failing to advise him on key clauses in a rescinded $1.7 million sale contract.
New enforcement action by the corporate regulator accuses home loan manager Resimac of letting down thousands of financially struggling customers who filed hardship applications.
A judge has approved a $3.5 million settlement in a class action brought by former clients of Sydney fraudster Melissa Caddick.
The Federal Court has slapped non-bank lender Firstmac with an $8 million penalty, the second doled out in ASIC proceedings for violations of the new design and distribution obligations.
Hospitality giant Mantle Group is stuck with a decision that found it systematically underpaid employees, after failing to convince the High Court that review was warranted because "harsh" comments made by the Fair Work Commission gave rise to the appearance of bias.