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Singapore-based real estate investment firm ZACD Group has filed a lawsuit seeking to recoup $21.3 million from defunct property group iProsperity and its missing founder Michael Gu, who fled the country in 2020 amid findings the company misappropriated millions in investor funds.
Google has agreed to pay a $60 million penalty in proceedings brought by the Australian Competition and Consumer Commission alleging the tech giant misled users about the collection and use of their location data.
The union representing McDonald's workers has lodged a new case against the fast food giant over unpaid rest breaks for more than 250,000 current and former staff across the country.
A shareholder class action against Ernst & Young over its alleged inflation of assets owned by sandalwood producer Quintis has argued the accounting firm should be allowed only one expert witness, who should collaborate with a competing expert chosen by the investors.
Fired underwriter Greg Brereton has been granted an extension to respond to lawsuits targeting Insurance Australia Group over trade credit policies covering $4.6 billion in loans issued by collapsed Greensill Capital.
GetSwift managing director and founder Joel Macdonald faces a lawsuit by former Melbourne Demons teammate James Strauss, who helped launch the strife-ridden logistics tech company seven years ago.
A judge has pulled up three legal teams over slow progress in a class action against Allianz over add-on car insurance, saying lawyers’ correspondence to the court may force her to “micromanage” the proceeding.
Virgin Airlines has argued a litigation funder’s indemnity for its legal costs is not enough for it to bring a class action on behalf of bond holders over a 2019 prospectus, claiming the airline expects to spend more than $5 million defending the proceedings.
A judge has denied a bid by accounting firm Pitcher Partners to transfer a $127 million lawsuit brought by the Twigg family, saying he was best placed to hear "serious allegations" the firm helped race car driver Max Twigg give a false understanding of his company’s assets.
A judge has blessed Ernst & Young’s settlement with shareholders in a class action alleging the firm, along with Pitcher Partners, approved an overly rosy year-end financial report related to Slater & Gordon's disastrous $1.2 billion acquisition of UK business Quindell.