Group members will walk away with nothing under a settlement in a seven-year old class action against the Commonwealth Bank of Australia on behalf of borrowers who claimed they were forced to default on their commercial loans.
The Australian Securities and Investments Commission has banned a former AMP authorised representative who is suing the wealth manager for allegedly terminating him without proper cause and forcing him to sell his business for $6.1 million under its buyer of last resort program.
As Johnson & Johnson loses its second attempt to use bankruptcy protection to resolve tens of thousands of US cases over its talcum powder products, a law firm has launched a class action investigation on behalf of Australian women who regularly used the powder and were later diagnosed with cancer.
Billionaire Kerry Stokes and Nine-owned Fairfax are fighting about how to calculate costs for Ben Roberts-Smith’s failed defamation case after the Seven West Media chair agreed to foot the legal bill on an indemnity basis.
A judge’s decision to chop $810,000 from the funder’s cut of a settled class action against Westpac sounds a warning to class action litigators that when it comes to determining the size of a commission, case budgets matter.
Former Liberal staffer Brittany Higgins told a colleague she “could not have consented” to a sexual encounter with Bruce Lehrmann in Parliament House, a court has heard.
A lip reading expert who has examined CCTV footage of Bruce Lehrmann and Brittany Higgins on the night of her alleged rape at Parliament House must give evidence in person, with a judge saying if the expert needs an interpreter for cross-examination it could affect the weight given to his evidence. Lehrmann is suing Network…
Seven West Media chair Kerry Stokes has agreed to pay the costs of Ben Roberts-Smith’s failed defamation case, sparing the billionaire from producing thousands of emails exchanged with Roberts-Smith’s solicitors about the case. The Stokes-owned Australian Capital Equity has acquiesced to a third-party costs order sought by Nine-owned Fairfax, according to a Federal Court order…
Swiss food and drink giant Nestle has resolved a lawsuit by a2 Milk over a trade mark for infant formula, agreeing to withdraw an application with IP Australia to register the mark, NAN A2.
After losing its argument that class actions are excluded under the Fair Work Act, the union representing fast food workers has filed a class action of its own, alleging McDonald’s denied shift managers compensation for pre- and post-shift work.