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A shareholder class action alleges Cochlear knew months before announcing a profit downgrade that weakening US demand, financial pressures on hospitals and problems with its new Nexa implant made its FY26 earnings guidance unreliable.
A judge has raised concerns that lengthy expert reports filed by AUSTRAC and Entain in the regulator’s AML/CTF case have strayed into expressing “positively unhelpful” opinions.
A law firm has urged a judge to sign off on a record $37.5 million group costs order in a class action over Victoria’s hotel quarantine debacle that settled for $125 million, saying it spent more than expected in running the case.
Construction PRO
A court has dismissed a case by a demolition company over the collapse of Sydney Entertainment Centre's roof, which sought coverage under an insurance policy held by the since deregistered contractor that hired it.
A trade mark dispute between US singer Katy Perry and an Australian fashion designer is back in court for a fight on damages and injunctions, after the designer secured a win before the High Court in March.
A judge has agreed to push out the timetable in a securities class action again Origin Energy after the final tranche of discovery turned up 33,000 documents.
Construction PRO
A judge has made urgent freezing orders against a developer and builder facing a $11.1 million defects suit from the owners of a North Parramatta building, after hearing the developer had transferred assets.
Construction PRO
A director of collapsed developer Lion Property Group is seeking to set aside a default judgment which he says would leave him on the hook for $35 million in damages.
Mobile gaming company Playtika wants to stay the lead plaintiff’s claims in a novel class action alleging its online social casino games run afoul of interactive gambling laws, citing an arbitration clause in its terms and conditions.
Credit ratings agency Fitch has lost its bid for financial information about three Lloyd’s insurance syndicates which are providing after-the-event coverage in a class action over synthetic collateralised debt obligations.