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The law firm running its class action on a no win no fee basis has been crowned the winner in a battle against two competing firms to lead a shareholder class action against construction giant Boral, in the first such judgment handed down in the wake of a High Court ruling on competing class actions.
A judge has ruled that a former ANZ trader who alleges he was fired after complaining about rate-rigging at the bank can amend his lawsuit after separate proceedings that accuse law firm HWL Ebsworth of withholding his client file are resolved, saying the HWL documents could contain a "golden nugget".
Virgin Australia is facing legal action from the Transport Workers Union which says the airline was not experiencing the necessary work shortage when it stood down some of its ground crew staff after the federal government's Jobkeeper wage subsidy came to an end over the weekend.
Banking giant ANZ, which is facing a class action over a flex commissions scheme by its former car finance business, has admitted that the calculation of car dealers' commission was aimed at encouraging loans with interest above a "base rate".
A McDonald's franchisee accused of failing to give employees paid rest breaks has hit back at a lawsuit filed by the retail workers' union, arguing its employees took their entitled breaks, but sometimes in a "non-continuous" manner.
The ACCC has given the greenlight to NAB's proposed acquisition of digital only bank 86 400, saying the tie-up would not substantially lessen competition.
Corrs Chambers Westgarth will assist former Federal Court judge Ray Finkelstein QC's royal commission into whether Crown Melbourne is suitable to hold a casino licence in the state, and has kicked off by seeking documents from James Packer's Consolidated Press Holdings.
Two Commonwealth Bank of Australia subsidiaries have denied that they owed fiduciary duties to group members in a class action over allegedly excessive insurance premiums pushed onto customers because of commissions and other benefits to financial advisors.
Insurer AIG Australia will have to pay collapsed diary processing firm Murray Goulburn at least $8.85 million after a court ruled it was liable to cover some of the costs of a $42 million class action settlement reached with irate investors last year.
Fairfax has resolved a defamation lawsuit brought by an Australian barrister and apologised for an article alleging he helped Texas billionaire Bob Brockman defraud the United States of $2 billion in taxes.