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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.
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.
Construction PRO
After getting the nod from a judge, the trustee for the Dexus bloc of shareholders in airport operator APAC has lodged an appeal of a finding that it committed a material and irremediable breach of the owners' deed.