Events

A class action by investors in a Melbourne apartment develpment has resolved for $2.6 million, but the law firm bringing the case will take a haircut on its fees after group members ignored calls to contribute to the costs.

Fonterra may face a class action for allegedly underpaying lab technicians since 2018, as the dairy co-op seeks to offload its Australian food unit.

A charitable trust of the late artist Martin Sharp, known for designing album cover art for Eric Clapton, can sell his $33 million home to the neighbouring Cranbrook, despite having expressed "animus" towards the prestigious private school, a judge has said.

Medical device maker Exactech has reached a settlement in a class action over alleged defective implants, following the US company's bankruptcy.

Pembroke Resources has lost its appeal bid over the meaning of “restricted land” after the private equity-backed miner argued a court’s ruling could impinge on plans for a $1 billion steel-making coal mine in Queensland.

ASIC has succeeded in overturning a decision that found that Qoin issuer BPS Financial came within the authorised representative exemption with respect to agreements with Australian financial services licence holder PNI.

A fourth law firm is investigating a class action against Google for allegedly abusing its dominance in the market for online advertising.

A judge has ordered a Sydney law firm to pay $427,000 to a former client after finding it drafted a defective notice in a land sale and defended proceedings that came about because of its own negligence.

Uranium miner Paladin Energy is facing a second shareholder class action over alleged misleading disclosures to the market about expected production at its flagship uranium mine in Namibia.

The liquidators of a company created to invest in a $2.2 million Adelaide property have asked the High Court to reinstate a judgment that found a mortgage that sent the company into liquidation was an unreasonable director-related transaction and could be voided.