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Online trading platform Plus500 is challenging a court ruling that investors who lost money on highly leveraged contracts for difference can proceed with their class action despite signing arbitration clauses.
Construction PRO
The High Court has declined to grant special leave to a prefab home builder that was hit with $500,000 in damages for engaging in misleading and deceptive conduct by convincing a couple to vary their contract to allow the use of cladding they had previously rejected.
Construction PRO
Lawsuits against a Chinese real estate investor and his mother involving transactions linked to Sam Fayad's Dyldam Group have been paused pending criminal proceedings against the pair in Hong Kong.
Plus500 has lost its bid to permanently stay a class action by investors who lost money trading in highly leveraged financial products, with a court finding that the arbitration clause relied on by the online trader was unfair and void.
Construction PRO
A prefab home builder has filed an application with the High Court after it was ordered to pay $500,000 in damages for engaging in misleading and deceptive conduct to convince a couple to vary their contract to allow the use of cladding they had previously rejected.
AMP has agreed to pay $120 million to settle a class action stemming from the banking royal commission which accused it of overcharging millions of superannuation members over a 12-year period.
Construction PRO
In the final chapter of a years-long fight, an appeals court has ordered a NSW prefab home builder to pay almost $500,000 in damages after finding it engaging in misleading and deceptive conduct to convince a couple to vary their contract to allow the use of cladding they had previously rejected.
The developer of a tower in Mascot which is said to contain combustible cladding can opt out of a class action against 3A Composites and Halifax to bring its own claim for $15 million.
Construction PRO
Sydney developer Tiptell has won its bid to exit a combustible cladding class action against 3A Composites and Halifax to bring its own claim for $15 million.
Construction PRO
A Sydney developer has launched a bid to opt out as a group member of a combustible cladding class action against 3A Composites and Halifax to bring its own "copy" of the case.