A judge has expressed concerns about a funder’s novel application for its costs in a partially settled shareholder class action over the collapse of mining company Cudeco, saying everyone was getting a payday except group members.
A new class action targeting Grill’d alleges the burger chain wrongly denied thousands of workers the rest breaks they were entitled to under enterprise bargaining agreements.
The liquidators of Falcon Capital, which is suspected of having misused $450 million in investor funds, have sued a Melbourne property developer, claiming he knowingly assisted Falcon to loan millions in trust money in a “dishonest and fraudulent design”.
Otsuka Pharmaceuticals has asked the High Court to overturn a decision revoking its Abilify patent extension, saying the ruling, which limited the extension-of term scheme to active substances only, will “lead to a groundswell of court proceedings”.
Plus500 has lost its bid to permanently stay a class action by investors who lost money trading in highly leveraged financial products, with a court finding that the arbitration clause relied on by the online trader was unfair and void.
The High Court has revived a class action by small business owners over the interference caused by the construction of the Sydney light rail network.
A court has signed off on a $6.8 million settlement in a class action against a Queensland trucking company on behalf of owners of cargo on a freight train derailed by a truck at a level crossing.
The ACCC has filed proceedings against home meal delivery giants HelloFresh and Youfoodz, seeking compensation for tens of thousands of customers who were allegedly charged a fee after cancelling their subscriptions.
Law firm Atanaskovic Hartnell can’t appeal a stay of a costs order in its dispute with media mogul Bruce Gordon, with an appeals court saying disputes fuelled by their “mutual animus” should not be encouraged.
An appeals court has found a note left on the iPhone of a late businessman with an estate worth over $13 million counts as his last will and testament.