Most Recent
Before the decision in the Brambles case this week -- the first shareholder class action to succeed at trial -- the path to proving loss from disclosure breaches was a thicket of, well, brambles. Now after six consecutive losses, Justice Bernard Murphy has paved the way for plaintiffs to prevail.
In the first shareholder class action to succeed at trial in Australia, a judge has found logistics chain company Brambles breached its continuous disclosure obligations in relation to an overly rosy 2017 financial forecast amid problems with its North American pallets business.
Construction PRO
The state of Victoria has been hit with a $500,000 judgment after three public servants were found negligent for failing to advertise Crown leases over Gabo Island and Tullaberga Island, a failure which has shut abalone fishers out of the area since 2019.
A judge has ordered oil company Lighthouse to pay further security for costs in its $600 million case against the government of East Timor, a "hard fought contest" he said was unlikely to resolve ahead of trial.
Construction PRO
The developer of the Berrybank wind farm must produce expert communications in a lawsuit over noise emissions from its turbines, but can shield documents pointing to any defects.
The Western Bulldogs football club has lost its bid to avoid a jury trial in a second lawsuit by a fan alleging he was sexually abused as a boy by a club volunteer in the 1980s.
A judge has awarded carriage of class actions against Hyundai and Kia to Maurice Blackburn after declining to allow a sixth offer by competing firm Banton Group, saying re-bids outside the orderly process of carriage fights must be "carefully assessed".
A law firm fighting for carriage of class actions against Hyundai and Kia has argued competing proceedings with a lower funding rate should not have a leg up, saying the rival firm’s budget was a "fantasy".
A judge has refused to allow four people to join a closed class action brought on behalf of certain people who were detained at two infamous immigration detention centres in South Australia.
A $59 million settlement has been reached in a long-running class action accusing five major banks of foreign exchange rate-rigging.