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A judge says a shareholder class action against IAG can add a new damages claim, despite the insurer arguing it was untethered from any contravention and “clearly bad in law”.
A class action against Johnson & Johnson over alleged ineffective cold medicine has attacked the pharmaceutical company’s application for soft class closure, telling a court the process would produce useless data and only need to be repeated.
Coles and Woolworths could face penalties of more than $10 million under new supermarket price-gouging laws that come into effect next week, and the ACCC says community concerns will guide its enforcement priorities.
Construction PRO
The developer of a $50 million apartment complex in Brisbane’s West End has lost an appeal against builder Devine Constructions’ claim for $3.7 million, as the developer seeks damages for alleged delays caused by water ingress.
The engineering firm behind the Kwinana energy transformation hub in Western Australia wants the High Court to hear a union's case alleging it fraudulently failed to disclose information to the Fair Work Commission.
Online retailer HSK United has agreed to pay two infringement notices totaling $79,200 after the consumer watchdog alleged its websites Pain Free Aussies and Modern Aussies contained misleading pricing and returns information.
A former partner of private equity firm Potentia Capital has filed a lawsuit alleging he was unlawfully denied $3.6 million in benefits from two funds as punishment for whistleblower disclosures.
A settlement has been reached in a dispute over more than $100 million in shares in AI data centre start-up Firmus Grid ahead of an expected $7 billion IPO, just days before the company's founders were due to give evidence in court.
A judge has scolded former directors of Mosaic Brands after they failed to comply with orders made last week ahead of a 10-day public examination as special purpose liquidators investigate $196 million in potential insolvent trading claims and directors duty breach claims.
US-based keg pooling company Kegstar has offered the ACCC a court-enforceable undertaking under which it would not enforce exclusivity provisions in its contracts for three years, in a bid to secure approval for its proposed acquisition of the assets of rival Konvoy.