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The High Court has upheld an appeals court ruling that Billabong founder Gordon Merchant is liable for a $31 million tax bill after selling his company, finding there was no other "meaningful or realistic" objective of the sale.
An appeals court has set aside a decision to refer the NSW Local Court Deputy Chief Judge to the conduct division of the state judicial commission, after the local court's top judge communicated with a panel member via WhatsApp about the matter.
The lead shareholder in class actions against CBA has urged the High Court to take a "common sense" approach to loss causation in securities cases, as endorsed by the Full Federal Court in last month's ruling for Worley's investors.
NSW Police has argued the lead plaintiff in a class action over strip searches at music festivals should only receive $33,000 in damages rather than $93,000 and is challenging a finding that the strip searches were done “as a matter of routine”.
The Commonwealth Bank has urged the High Court to uphold a ruling rejecting shareholders' damages claims in two class actions, saying the decision correctly rejected their "conflation of materiality with loss".
The High Court has knocked back shipping company CSL Australia’s attempt to avoid paying millions of dollars in damages after its cement carrier crashed into two tugboats docked in a Tasmanian port.
A long-running class action over the construction of the Sydney light rail that was revived by the High Court is heading to mediation, with a judge noting the challenges that lie ahead in determining all the claims of group members if the parties don't settle.
The High Court has tossed a Mauritius company’s case seeking to enforce a $111.3 million arbitration award against India, finding the country's ratification of the New York Convention did not mean it had waived its immunity from the suit.
In the latest chapter of a bitter feud between NSW Director of Public Prosecutions and District Court Judge Penelope Wass, the state's Court of Appeal has found parliamentary privilege doesn't bar the top prosecutor from launching a recusal bid in a criminal trial.
CBA plans to file a cross-appeal in the class actions before the High Court, contending the shareholders -- who argue they should have won their loss case -- failed to establish disclosure breaches at the threshold.