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Group members in a class action against Fonterra are set to reap about $13 million from a $25 million settlement reached with the dairy company, following deductions including the costs of the litigation funder’s after-the-event insurance.
Hyundai and Kia are facing “massive compensation claims” by hundreds of thousands of car owners over allegedly defective anti-lock braking systems said to render some of the manufacturers’ most popular models potential fire hazards.
Clayton Utz has snagged an energy regulatory expert who has worked as general counsel at AusNet and was formerly a partner at Herbert Smith Freehills to join its Melbourne corporate practice.
Wood-fibre processor and exporter Midway Limited has been hit with a $33,000 penalty after the Australian Securities and Investments Commission alleged it failed to disclose a revenue downturn to shareholders.
A Corrs Chambers Westgarth veteran known for his work defending the Catholic Church has left the law firm for rival Wotton + Kearney, taking with him a number of senior associates as well as the Catholic Archdiocese of Melbourne.
Seven Network has dropped its lawsuit accusing Cricket Australia of breaching their media rights agreement, after reportedly reaching a new five-year agreement with the sports league.
An appeals court has dismissed an appeal from two contractors who worked on Chevron's Gorgon gas field project who allege they were underpaid over $130 million by the energy giant.
A Boeing Defence instructor who was sacked for refusing to get a COVID-19 vaccination has won an unfair dismissal case, with the Fair Work Commission finding it was “harsh and unreasonable” for Boeing to fire him while he was in the running for another role at the company.
Editors and journalists from Australia’s largest news organisations have protested recent changes to the Federal Court Rules that restrict the public’s access to documents filed with the court, calling it a “full-frontal assault” on open justice.
ASIC commissioner Sean Hughes will step down next month after taking a role with investment manager Vanguard – which paid a $40,000 fine to the corporate watchdog just last month.