Entities linked to the late solicitor Mark Elliott are set to pay $10 million to settle claims by Banksia class action members, despite a related company owning $70 million on trust, a court has heard.
A judge has approved a $43 million settlement in a class action action alleging Noumi misled investors about its inventory, including a 22 per cent group costs order to be split between the two law firms that ran the case.
Developer Geocon has lost its bid to strike out claims in a case over Canberra’s Infinity Towers that it breached statutory warranties, with a judge saying it was a difficult legal issue best left for trial.
In a first, the federal government has filed proceedings against a foreign investor and its former associate for alleged non-compliance with orders to divest their interests in rare minerals miner Northern Minerals.
The competition watchdog has brought proceedings accusing Australian Gas Networks of greenwashing by running ads containing unqualified statements that renewable gas will be available to households within a generation.
The Fair Work Commission has found a Darebin City Council street sweeper was unfairly terminated after expressing that an Acknowledgement of Country was unnecessary to open a work meeting.
Payments processing company EML has agreed to pay $37.3 million to settle a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns with its anti-money laundering compliance.
A judge has awarded former ABC presenter Antoinette Lattouf $70,000 in compensation after finding the national broadcaster unlawfully terminated her employment because of her opposition to the Israeli military campaign in Gaza.
A judge has dismissed applications by mortgage broker Lendi Group and insurer ALI Group to declass a group proceeding over allegedly worthless mortgage insurance, saying it would be more efficient for the claims to advance as a class action.
A judge has consolidated two cases in the Federal Court in which beverage maker Bickford’s is defending its ‘Spritz’ trade mark against bids for cancellation.