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Two failed class actions against CBA claim a judge used a “far too onerous test” for materiality in deciding whether the bank should have told the market about deficiencies in its anti-money laundering systems.
Santos’ plan to reach net zero greenhouse gas emissions by 2040 was “little more than a series of speculations”, a shareholder group has said on the first day of trial in a landmark greenwashing case.
The High Court has been asked to take up an appeal by insurers over coverage for the class action defence costs of Opal Tower's consultant engineer.
Applicants in two dismissed class actions against the Commonwealth Bank have secured an order staying an assessment of costs in the failed cases until the outcome of an appeal.
Two insurers have come up short in their appeal of a ruling that put them on the hook for the costs of Opal Tower consultant engineer WSP in a class action by residents.
Two failed shareholder class actions against the Commonwealth Bank of Australia want to delay paying the bank's costs until after their 62-ground appeal is heard.
The High Court has agreed to hear NSW Forestry’s challenge to a decision that found it could be sued by an environmental group for allegedly breaching environmental laws, a case that raises questions about standing in civil enforcement proceedings.
An appeals court has rejected oOh!media's claim that it was denied procedural fairness in a dispute with Transport for NSW, saying judges are not required to give a "running commentary" on oral submissions and that counsel must be "constantly alert" when appearing in court.
Shareholders of Commonwealth Bank have lodged expected appeals challenging a decision tossing their class actions over alleged lax money laundering compliance, giving the Full Federal Court a chance to clarify when companies must disclose regulatory investigations.