A judge has awarded $43 million to National Australia Bank in its lawsuit against former directors of failed retailer Dick Smith, but threw out claims against company directors brought by HSBC and the retailer’s receivers.
AMA Group has told a court it will enter early mediation in its lawsuit against former CEO Andrew Hopkins that alleges he owes $2.4 million in unauthorised expenses and repayments on an outstanding loan.
Christian Porter and silk Sue Chrysanthou have been ordered to foot the legal bill of a friend of the woman who accused Porter of rape, after she succeeded in having the barrister removed from defamation proceedings the former attorney-general brought against the ABC.
War veteran Ben Roberts-Smith has said that while he was proud to have received the Victoria Cross for his actions at the 2010 battle of Tizak in Afghanistan, winning the award “put a target” on his back, with fellow soldiers seeking to undermine those they saw as tall poppies.
Investors who entrusted their retirement savings to deceased fraudster Melissa Caddick may launch a class action against the auditors that signed off on financial statements for the funds.
The ACCC has cleared Woolworths’ planned $552 million acquisition of a 65 per cent stake in wholesale food distributor PFD Food Services without the supermarket giant’s proposed undertaking to maintain independence between the company for three years.
Volkswagen has asked the High Court to throw out a a landmark $125 million penalty over its emissions cheating scandal, the highest ever handed down in Australia for consumer law violations.
Ben Roberts-Smith took the stand on Thursday after publishers accused of defaming him detailed how the war veteran allegedly murdered six civilians and engaged in a cover up campaign, with the soldier saying he was “devastated” by the allegations.
Opal Tower builder Icon and structural engineer WSP Structures have been joined as defendants in a class action brought by property owners, who have also added a slew of consumer law claims to the complex proceedings.
Westpac has shot back at a lawsuit brought by ASIC over the selling of alleged poor value insurance products, with the bank saying its customers had agreed to take out the “optional” coverage.