Two class actions against Commonwealth Bank have partially succeeded on appeal, with a finding that the bank breached its continuous disclosure obligations, but damages still elude shareholders.
ANZ has sued several insurers seeking coverage for two class action settlements totalling $117 million, plus defence costs, in cases stemming from the banking royal commission.
Adelaide real estate group Taplin has acquired the Kurralta Park Village shopping centre from Coles, with the supermarket giant reselling the site for a $1 million profit after just 2 years.
Rio Tinto has put down $75 million for Zanthus Resources’ interest in the Yarraloola Iron Ore project assets in Western Australia’s Pilbara region as part of a joint venture with Mitsui & Co and Nippon Steel.
Seven has gone on the offensive in a lawsuit by former Spotlight producer Taylor Auerbach that alleges the broadcaster breached a settlement deed and defamed him, arguing it was Auerbach who broke the terms of their agreement.
Former Spotlight producer Taylor Auerbach, who is suing his former employer over its statements that he was disciplined for his dealings with Bruce Lehrmann, claims the comments cost him his job at Sky News.
A court has allowed Ben Roberts-Smith to admit into evidence a secret recording of Nine journalist Nick McKenzie, as the former soldier makes a fresh bid to revive his failed defamation case.
Nine journalist Nick McKenzie was pressed during cross-examination on Thursday in Ben Roberts-Smith’s bid to re-open his defamation appeal on whether he has used deceptive methods or ‘subterfuge’ in his reporting.
Two Nine in-house lawyers, as well as senior editors and journalists, are facing a contempt of court bid by individuals who are the subject of a suppression order in journalist Antoinette Lattouf’s unfair dismissal case against the ABC.
In new allegations, a former Super Retail Group exec claims she and a fellow whistleblower were threatened by CEO Anthony Heraghty at a mediation and that the company appointed a conflicted law firm to investigate her complaints.