The corporate regulator has caned the super fund industry for its poor handling of death benefit claims it said had “devastating impacts” on members’ grieving relatives.
The Albanese government has vowed to ban price-gouging by supermarkets if reelected, despite the Australian Competition and Consumer Commission’s supermarkets inquiry finding no evidence of excessive pricing.
Class actions against Hyundai and Kia over alleged defective anti-lock braking systems could expand “dramatically”, a court has heard, as a contest over competing cases ticks over into a second year.
Gaming company Light & Wonder is facing a possible shareholder class action for allegedly misleading investors about the growth of its Dragon Train game, which Aristocrat claims its rival developed by misappropriating its trade secrets. Class action firm Phi Finney McDonald announced it is investigating a class action on behalf of investors who purchased Light…
A Dexus property fund has argued that a judge went the “wrong way” in deciding that it was forced to sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail.
A former Cushman & Wakefield managing director has filed proceedings alleging the commercial real estate broker unfairly terminated his employment to prevent him from keeping a $1.5 million sign-on bonus.
Domain has announced it will recommend shareholders vote to approve a takeover by US real estate company CoStar that values the real estate listing site at $2.8 billion.
Herbert Smith Freehills has advised government-owned green bank the Clean Energy Finance Corporation on its $160 million co-investment in sustainable construction projects.
A developer has been ordered to pay Merkon $2.4 million for construction work on a Hawthorn residential building, with a court finding that the outstanding costs were still payable despite the builder having a stake in the units.
AUSTRAC has sought to suppress parts of its case against the operator of online gambling sites Ladbrokes and Neds, arguing the information should not get into the hands of criminals.