Most Recent
The funders that bankrolled a securities class action against collapsed engineering firm RCR Tomlinson will ask the court to give them an $8 million cut of a $40 million settlement. A further $12 million in legal fees means shareholders will get 50 per cent of the settlement sum.
New Zealand construction giant Fletcher Building has hit back at a shareholder class action over allegedly misleading forecasts for the 2017 financial year, saying some of the claims under New Zealand law were brought out of time.
Australia Post unit StarTrack has won an injunction barring postal product manufacturer TMA Australia from using a website URL containing the words ‘StarTrack’, with the Full Court finding a judge wrongly held the case was ‘weak’.
The New South Wales government wants to strike out class action claims that police conducted illegal strip searches at music festivals in the state 'as a matter of routine' and that it should face exemplary damages.
The Australian Securities and Investments Commission has lost its bid to pursue a disciplinary case against former Grant Thornton director Bradley Taylor over his 2018 audit of fintech firm iSignThis while criminal proceedings are ongoing.
A tribunal has found a Sydney solicitor guilty of professional misconduct after finding he sent numerous emails that contained profane language and were condescending to a Mills Oakley solicitor during a dispute involving his mother-in-law.
Lawyers for accused rapist Bruce Lehrmann have conceded his evidence on several issues was “lacking credibility”, but say the court should not find him a “compulsive liar” as argued by Network Ten and journalist Lisa Wilkinson in defending his defamation case.
The lead applicant in a class action against Carnival PLC over a COVID-19 outbreak aboard its Ruby Princess cruise ship has lodged an appeal after she won her negligence case but walked away with only out-of-pocket expenses totaling $4,000.
A judge has cut law firm Levitt Robinson’s costs in a class action against retirement village provider Aveo, finding the solicitors were “seriously derelict” in serving their evidence on loss and ran up over $1 million in avoidable costs.
A Sydney concert promoter has lost his appeal against former Nine unit TEG Live, with an appeals court agreeing that his idea to promote a 2013 Australian tour by English-Irish boy band One Direction was not ‘unique’ enough to be confidential information.