The High Court has rejected a special leave application from a shareholder class action against BHP asking it to clarify the correct approach to construing the group member definition.
An appeals court has dismissed the corporate regulator’s “logically inconsistent” appeal against a landmark decision that found insurer Auto & General did not include an unfair term in its contracts.
On the first day of a seven-week class action trial, a judge has heard that AMP Superannuation failed to renegotiate interest rates with AMP Bank for up to 12 years, despite investing as much as $2 billion in customers’ superannuation with the bank.
The litigation funder behind a class action against engineering firm CIMIC took a $4.7 million hit to its commission from a settlement after a dispute with the plaintiff’s law firm, according to a decision published Friday.
A judge has approved a $45.25 million settlement in a shareholder class action against engineering firm CIMIC over disclosures relating to its Middle East business.
After more than a decade, luxury home builder Glenvill is a step closer to remediation for an asbestos clean-up at an industrial site in the Melbourne suburb of Alphington, purchased from Amcor for residential development.
The funder that backed a shareholder class action against engineering firm CIMIC that settled for $45.25 million will take a cut to its 25 per cent commission, but wants the court to find the commission would otherwise have been reasonable.
A Toyota flex commissions class action can’t retroactively join claims about alleged junk insurance made in a separate case to protect against a limitations defence, with a judge describing such applications as “prima facie vexatious”.
A drawn out class action against BHP has asked the High Court to clarify the correct approach to construing a group member definition, after a bid to retroactively amend the class was nixed on appeal.
A judge has rejected AirServices bid for a separate hearing on whether it was required to manage environmental issues outside of its leased site at the Launceston Airport in Tasmania.