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High Court shoots down Volkswagen’s challenge to landmark $125M dieselgate penalty
The High Court has rejected Volkswagen's special leave application to challenge a record $125 million penalty for selling cars with a defeat device that allowed them to cheat on emissions tests.
Forum Finance director says Westpac’s case against him ‘hopelessly weak’
Forum Finance director Vincenzo Tesoriero wants to strike out Westpac's claims against him and has told a court he too is a victim of alleged fraudster Bill Papas, having sunk up to $9 million in the company.
Woolworths class action settlement to cover $1.75M legal bill, but no payout for group members
Woolworths has agreed to pay $1.75 million in Adero Law's legal costs as part of a settlement of an underpayments class action which will see group members recoup any amounts they are owed in a separate proceeding brought by the Fair Work Ombudsman rather than the class action.
Court orders CBA to hand over oil and gas project books in climate change case
The Commonwealth Bank of Australia will have to hand over a preliminary tranche of documents relating to seven large-scale oil and gas projects it is financing in a lawsuit that will test whether the bank has complied with its stated commitments on climate change.
NT hit with class action over ‘discriminatory’ healthcare services
The Northern Territory government has been hit with a class action alleging it discriminated against Indigenous Australians in Wadeye by failing to provide proper healthcare services.
WA Premier engaged in ‘disgraceful and dishonourable’ conduct, Clive Palmer tells defamation judge
The court has given the green light to an amended defamation defence by Clive Palmer which accuses Western Australia Premier Mark McGowan of "disgraceful and dishonourable conduct" and abusing his position by hastily and secretly enacting legislation that barred the billionaire mining magnate from suing the state for $30 billion.
GetSwift breached law through ‘public relations-driven approach’ to ASX statements, court finds
The Australian Securities and Investments Commission has scored a victory in its long-running case against GetSwift, with the Federal Court finding the company and its directors breached the Corporations Act and ASIC Act through their "public relations-driven approach" to announcements on the Australian Stock Exchange.
CBA can’t throw out ‘cuckoo-smurfing’ lawsuit
The Commonwealth Bank of Australia has failed in its bid to dismiss a case brought by customers who claim they were the victims of "cuckoo-smurfing" and had funds seized as proceeds of crime because the bank breached its anti-money laundering obligations.
Sparke Helmore partner engaged in ‘blatant cover-up’ to hide oversight, trial told
The Sparke Helmore partner at the centre of a $1 million professional negligence lawsuit attempted to conceal an “oversight of enormous proportions” that is said to have lost a property developer two lucrative contracts, a court has heard.
Gallop International hits law firm with $15.4M suit over company’s collapse
Collapsed forex broker Gallop International Group has sued its former law firm, claiming its failure to ensure the company complied with its obligations as a holder of an Australian financial services licence led to $15.4 million in investor funds being loaned to the company's director in Hong Kong.