A law firm is seeking a funding equalisation order to have all group members contribute to the $630,000 legal bill it racked up in running an underpayments class action on behalf of Drakes store managers that has settled for $2 million.
Toyota has lodged an appeal of a judgment that could see it owe around $2 billion to 260,000 car owners for selling vehicles with defective diesel filters for more than they were worth.
Recycling company Sims Limited will pay $29.5 million to settle a shareholder class action alleging earnings guidance for FY16 failed to account for the likely prospect of falling scrap metal prices.
A judge has found the lead applicant in a class action over an allegedly defective crop sprayer did not suffer any loss despite finding agricultural equipment manufacturer Hardi misled him and other farmers who bought the machine.
A class action alleging the federal government contaminated Indigenous land with toxic firefighting foam has lost a challenge to a report by a scientist who declined to find that the foam could cause adverse health effects including immunosuppression and interfere with the efficacy of vaccines.
Mayfair Group’s James Mawhinney has given an undertaking to not contact group members in a class action against a trustee of the collapsed IPO Wealth fund after allegedly urging investors, through a PR firm, to reject a settlement offer.
A court has handed CBRE indemnity costs for successfully defending a negligent land valuation lawsuit by defunct fund manager City Pacific after it had offered $600,000 to settle the case.
The former director of Queensland Nickel and nephew of mining magnate Clive Palmer has lost another bid to dodge contempt proceedings brought by the collapsed company’s liquidators.
Law firm Norton Rose Fulbright has won the dismissal of a case brought by a former digital marketing manager who claims she was fired two months after making an internal complaint of bullying and sex discrimination by her supervisor.
The directors of two money transfer businesses accused of fixing foreign exchange rates are the first ever individuals to be sentenced in Australia to prison terms for criminal cartel conduct.