Companies

A judge has approved a $13.5 million settlement in a class action against the director of collapsed sandalwood producer Quintis, but has reduced deductions sought by the plaintiff's lawyers and funder, and denied a payout to the funder of a competing case.

The University of Sydney is seeking to push back the trial date in its six-year-old case against Multiplex over alleged defects at the Charles Perkins Centre, alleging it has recently discovered new problems with the building.

Coles has told a court that its decision to change its discount policies was unsurprising during a period of significant inflation, denying claims by the ACCC that its ‘Down Down’ promotions were misleading.

Coles increased prices on hundreds of products only as part of a plan to later mark them with a ‘Down Down’ promotion, despite the price being lower only weeks before, the ACCC has argued.

Former ANZ CEO Shayne Elliott has dropped a lawsuit alleging the bank breached the terms of a contract governing his departure when it denied him $13.5 million in bonus payments.

Another Coles manager has faced questioning in a case alleging the supermarket giant's 'Down Down' campaign was illusory, admitting the "only reason" for a four-week price jump on quince paste was to enable a discount. 

Shopping centre giant Scentre Group has plans to expand into the lucrative residential market, capitalising on its significant landholdings to supply over 16,000 apartments at several Westfield locations.

The ACCC has attacked the evidence at trial of a Coles manager who signed off on an alleged misleading discount on dog food, which was sold at a lower price just seven days earlier.

X Corp can't challenge a finding that it must face a complaint of religious vilification in the Queensland Civil and Administrative Tribunal, with an appeal tribunal saying a member was not wrong to draw on defamation and consumer case law.

A Mitre 10 franchisee, who has accused Bunnings Warehouse of misusing its market power, wants an order from the court shielding it from any adverse costs orders in its David and Goliath battle.