Nine has agreed to pay Euro Pacific CEO Peter Schiff $550,000 to settle a defamation suit brought over a 60 Minutes report on an international tax evasion investigation, avoiding a contested hearing on the damages bill in the case.
The High Court has denied a bid for special leave by the Commonwealth Bank and other lenders to challenge a ruling that found two Arrium directors did not mislead them about loan drawdown notices ahead of the steel company’s $2.8 billion collapse.
Ernst & Young has won a temporary stay of a lawsuit by Billabong founder Gordon Merchant alleging the firm gave negligent advice on how to structure the 2015 sale of bio plastics manufacturer Plantic Technologies.
Network Ten, which is resisting paying the legal bill for Lisa Wilkinson in defamation proceedings by accused rapist Bruce Lehrmann, has argued it is only on the hook for paying costs “reasonably incurred” by the presenter.
The High Court has agreed to weigh in on how damages for reduction in value should be calculated under the Australian Consumer Law, granted competing special leave applications in a class action against Toyota over defective diesel filters.
The CEO of Optus has denied it has to compensate small businesses who allegedly suffered losses during a nationwide outage that left over ten million customers without coverage or pay a penalty for 228 emergency calls to 000 that failed.
Optus is considering an appeal of a judgment allowing a class action to access a report from Deloitte into last year’s major data breach, saying its release could raise national security concerns.
Network Ten is pushing to transfer proceedings by TV presenter Lisa Wilkinson for coverage of her legal bill in a defamation case by accused rapist Bruce Lehrmann to the court hearing the former Liberal staffer’s case.
Crown Resorts is seeking $10 million in security for costs from the law firm running a shareholder class action accusing it of lax anti-money laundering compliance, arguing the sum is justified in light of the firm’s potential recovery under a tiered group costs order.
Energy company Santos can begin construction of a pipeline for its $5.6 billion Barossa Gas project but has been barred from any work within 70km of the Tiwi Islands.