Bret Walker

Engineering services firm Worley has taken last month's landmark loss in a shareholder class action to the High Court, challenging the Full Federal Court's embrace of market-based causation and its adoption of the facilitation principle.

A failed class action against former NAB super fund trustee NULIS Nominees over $165 million in conflicted remuneration has asked the High Court to revive the case and provide clarity on the fees for-profit trustees can charge for their compensation. 

The High Court has agreed to weigh in on whether the court needs to wade into the details of an arbitration agreement before staying related proceedings, granted special leave to Esso and Woodside in a suit over a project for extracting hydrocarbons in the Bass Strait.

Kicking off its appeal of a finding that it couldn't walk away from a $672 million merger agreement with Mayne Pharma, US drug company Cosette has told a court that Mayne was not upfront about its financial position prior to the deal.

Passengers in a lawsuit against Qatar Airways over a 2020 strip search at Doha International Airport have reached a settlement with the airline and airport operator MATAR.

With two historic court wins for shareholders, 2026 is shaping up to be a momentous year for securities class actions, with lawyers expecting a resurgence of cases and a renewed eagerness for the negotiating table.

A shareholder class action against engineering services firm Worley has prevailed after a hard-fought battle over damages, in a major decision following two trips to the Full Federal Court.

Former NAB super fund trustee NULIS Nominees was able to charge $165 million in fees for paying adviser commissions after conflicted remuneration was banned in 2016, an appeals court has ruled. 

The High Court has found derivative crown immunity did not allow the NSW government to enter into alleged anti-competitive agreements when privatising two ports, disagreeing with a decision in a related case by the ACCC.

Coal producer Glencore has lost the latest round in a long-running dispute with Port of Newcastle over access charges.