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Qantas class action funder, lawyers to take $40M from settlement
Lawyers running a class action against Qantas over flight cancellations during COVID-19 will take home $15 million from a $105 million settlement, while the funder is set to receive another $25 million, a court has heard.
Construction PRO
Lender wins suit over $39M financing for failed Hawthorn development
A judge has ruled that lender Monland can recover a $39 million debt against the director of a property developer whose Hawthorn project encountered “severe difficulties”.
Apple ‘can’t be trusted to do the right thing’, Epic Games tells court
Epic Games has told a judge that Apple is treating Australian competition laws with “arrogant disrespect” and urged him to order injunctions after he found the tech giant engaged in anti-competitive conduct in the app marketplace.
Coles faced forfeiting low fees to Woolworths under Mastercard’s ‘nuclear option’
Mastercard considered threatening Coles with losing its discounted interchange fees to rival Woolworths if the supermarket chain re-routed customer debit and credit transactions away from the payments giant, a trial judge has heard in the ACCC's misuse of market power case.
Rebel Wilson denies using alleged harassment complaint as leverage
During her second day on the stand in a defamation trial, actress Rebel Wilson denied using an alleged sexual harassment complaint as leverage against her fellow producers on 'The Deb'.
TikTok denies unlawful axing of biz dev director after complaints
TikTok has hit back at a claim by a former distribution business development director that she was unfairly dismissed after she made workplace complaints, saying her role was made redundant following a restructure.
Construction PRO
Mallesons accused of aiding director’s duty breaches over Ray White loan
Collapsed developer FSM alleges Big Six firm Mallesons aided and abetted breaches of duty by its director, who allegedly entered into a refinancing agreement with Ray White Capital that included a 192 per cent interest rate.
Construction PRO
Suit tossed over failed $20.7M deal for Adgemis’ Hotel Diplomat
A judge has tossed a suit seeking to recover a $1 million deposit on a $20.7 million agreement to purchase the former John Adjemis-owned Hotel Diplomat in Potts Point, after the deal fell through over concerns about mold and water ingress.
Mastercard used low rates as bargaining chip with Coles, trial hears
Mastercard's APAC head was "perfectly comfortable" with the threat of removal of discounted interchange rates to cut a deal with Coles to route transactions through its payment network, a court has heard.
Rebel Wilson accused of being ‘utterly dishonest’ about smear campaign
In a fiery hours-long exchange with a top defamation barrister, Rebel Wilson has denied being a liar and denied any involvement in the creation of 'take down' websites targeting 'The Deb' producer Amanda Ghost.