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Ahead of an eight-week trial in an investor class action in July, ratings agency S&P has lost its bid to throw out the entirety of the expert evidence in the case.
Super Retail Group's former top lawyer is fighting the dismissal of her application for performance of a settlement she says was reached following her dismissal from the company.
Class action settlements leaped in value last year, with three settlements topping the $200 million mark.
Two Super Retail Group executives' claims that they were unfairly sacked for making whistleblower complaints will go to trial after they lost their bid to enforce an alleged settlement.
Senior counsel for two former Super Retail executives has withdrawn on the final day of a hearing in the case, saying it was against his conscience to continue acting.
Super Retail has rejected as "fanciful" a claim by two former executives that they reached a binding oral settlement with their employer after their dismissal in May.
The High Court has settled a 16-year battle between the federal government and Sanofi over alleged excess subsidies it paid after a judge blocked the release of a generic version of blood thinner Plavix, saying its job was not to “resurrect” a dead case.
A judge on Wednesday questioned a solicitor acting for two axed Super Retail executives on his silence about an alleged settlement his clients are seeking to enforce.
Super Retail is bound by a settlement with two former executives who claim they were axed after complaints about its CEO’s undisclosed relationship with a former HR officer, a court has heard.
Hitting back at the regulator's claims of dodgy sales promotions, Coles and Woolworths say price increases were the result of real cost pressures, and subsequent discounts were not illusory.