Most Recent
Meta denies being ‘against’ app developers in start-up’s competition trial
Instagram owner Meta denies that it engaged in anti-competitive conduct when it barred a social media marketing start-up from accessing the platform in 2019, saying it had the right to terminate due to breaches of its terms of use. 
Group members to get just 23% in ‘likely to fail’ CommInsure class action 
A judge has approved a $22.5 million settlement in a class action against two former CBA wealth management units, under which group members will receive just $5.12 million and the lawyers and funder will receive the lion’s share.
Robodebt class action funder goes to appeals court over payout
Litigation funder Omni Bridgeway is challenging a decision that halved its $71 million commission in the Robodebt class action, which settled for $550 million.
Aldi produce wholesaler admits liability in ACCC cartel case
Produce wholesaler Perfection Fresh has admitted liability in the competition watchdog's case alleging it made price-fixing arrangements with other suppliers before submitting weekly quotes to Aldi. 
CBA settles class action for $249M, novel case theory waits another day
Commonwealth Bank and its former wealth management arm Colonial First State have agreed to pay $249 million to settle a class action worth $900 million that would have tested a novel theory of corporate responsibility with implications for companies’ use of AI.
Interprac wins AFCA comms in case over Shield, First Guardian funds
Sequoia Financial subsidiary Interprac has won access to internal AFCA documents, as it pursues action against the financial complaints watchdog over determinations linked to the defunct Shield and First Guardian investment funds. 
Class action to get less than half of $22.5M CommInsure settlement
A judge will approve deductions that will leave less than half of a $22.5 million class action settlement against two former CBA wealth management units left over for distribution to group members.
Epic, Google win ACCC draft approval for global settlement
The competition regulator has given its draft approval to Fortnite maker Epic Games and Google for their global settlement of allegations of misuse of market power by the digital giant.
Construction PRO
Maxcon Developments director loses challenge to examination
A former director of defunct developer Maxcon Developments and his family members have lost a bid to set aside examination orders, with a judge rejecting their argument that the ATO was using the examinations as a “dry run” for other claims.
Clive Palmer cases against ex-ASIC chair ‘houses of cards’: Full Court
The Full Federal Court has shot down billionaire Clive Palmer's bid to revive misconduct claims against former ASIC chair James Shipton, calling his case "little more than houses of cards".