Barristers

A $59 million settlement has been reached in a long-running class action accusing five major banks of foreign exchange rate-rigging.

The owners corporation of a 98-unit Parklea development by defunct builder Dyldam Developments has failed in its attempt to claim insurance for building defects in a property completed 17 years ago, with a court finding that time was up. 

SMBC has lost a bid for documents connected to King & Wood Mallesons opinions in its suit against fintech Humm linked to the Forum Finance fraud, with a court saying the Japanese bank did not share joint privilege over the material.

Parkview Constructions is seeking to bring negligence claims against Bates Smart and McKenzie Group in a lawsuit over alleged combustible cladding at Australia Towers in Sydney Olympic Park. 

Pianist Jayson Gillham’s claims against the Melbourne Symphony Orchestra will go to trial after a judge rejected its argument that his case should be dismissed because the protections of the state Equal Opportunity Act do not constitute workplace law. 

Two class actions against Commonwealth Bank have partially succeeded on appeal, with a finding that the bank breached its continuous disclosure obligations, but damages still elude shareholders.

Resolving a split between courts, the High Court has confirmed that judges have power to make soft class closure orders, which require class action members to register before mediation to participate in any resulting settlement.

The former CEO of School Infrastructure NSW directed a $20 million contract to friends -- a former PwC partner and the head of a consulting firm -- without disclosing any conflicts, according to an ICAC inquiry.

Downer EDI subsidiary Spotless has rejected allegations it engaged in price-fixing with Ventia on defence contracts, saying the facilities services companies were not in competition with each other.