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Liquidators for collapsed forestry giant Gunns Plantations have lost a High Court appeal over $1.2 million in payments to a former supplier that confirmed the so-called peak indebtedness rule does not apply in Australian insolvency law.
A2 Milk has succeeded in fending off a second shareholder class action in New Zealand for now, with New Zealand High Court finding that Australia is the more appropriate forum to hear the claims.
A class action against KPMG over the failure of six managed investment schemes for eucalyptus wood in Tasmania has settled its claims against former Tasmanian Premier Robin Gray.
Australia's largest private health insurer Medibank is facing a class action over a data breach that affected close to 10 million customers.
Former Liberal staffer and alleged rapist Bruce Lehrmann has brought defamation proceedings against Network Ten and a unit of News Corp.
A four-way fight to lead a shareholder class action against Star Entertainment could be on the cards after a fourth law firm filed a representative proceeding alleging the company's share price plummeted following revelations of alleged money-laundering breaches.
A judge has thrown out a lawsuit by the maker of Raw C coconut water alleging a rival's coconut water featuring a similar aqua blue packaging with images of palm fronds would confuse consumers.
The federal government’s bid to shut down an underpayments class action on behalf of postgraduate research candidates at universities across Australia remains to be heard after a judge rejected the self-represented applicant’s bid to strike out the strike-out application.
The widow of mining executive Ken Talbot has lost a case alleging law firms Arnold Bloch Leibler and Boyd Legal mishandled her late husband’s estate after a judge found she had a “stated intention to destroy” the estate lawyer.
Westpac has told a court that it is “inconceivable” that Forum Finance directors Bill Papas and Vince Tesoriero and funded their lavish lifestyles legitimately, as trial kicked off in the bank’s $400 million fraud case against the Forum companies.