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A judge has signed off on a $16.5 million settlement of a shareholder class action against collapsed engineering and construction company Forge Group.
AUSTRAC's lawsuit against Westpac over 23 million alleged breaches of money laundering and counter-terrorism laws is racing towards a possible February penalty hearing, with the bank largely in agreement with the regulator on its liability.
Engineering firm GR Engineering Services has lost a negligence lawsuit brought against law firm Squire Patton Boggs seeking damages from an alleged breach of contract relating to the $12.5 million refurbishment of a gold processing plant in Davyhurst, Western Australia.
An appeals court has thrown out the Democratic Republic of East Timor's second bid to stay a case brought against it by Lighthouse Corporation over $328 million in alleged losses stemming from a failed fuel supply contract.
The Federal Court has imposed a higher-end penalty of $270,000 on the CFMEU and three officers for site obstruction, saying the union has “significant resources” and has demonstrated a “willingness to contravene industrial laws in a serious way”.
Pizza chain Domino's has been blasted for redactions in documents it has produced in a class action over worker pay, with a judge warning the franchisor that it could not act as "judge and jury" in deciding what information could be given to the applicant.
A key witness from JPMorgan previously contested claims by the ACCC that a key component of an alleged cartel arrangement between four major banks around a $2.5 billion institutional share placement by ANZ was actually an 'agreement,' as opposed to a series of independent decisions, a court has heard.
Two months after rejecting the deal because the litigation funder's cut appeared excessive, a judge has approved a $42 million class action settlement with Murray Goulburn while the funder keeps up the fight over its commission.
Burger chain MOS Burger Australia has paid $1.12 million in outstanding wages owed to former workers, following an investigation by the Fair Work Ombudsman.
The High Court's ruling Wednesday that judges have no power to issue a common fund order in the initial phases of a class action does not bind them after a settlement has been reached, a Federal Court judge said Friday.