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The High Court has awarded $27 million in unpaid commissions to a Nigerian entrepreneur tricked into terminating his contract with international bank note manufacturer Securency, reversing a Full Court judgment which slashed his award.
Fundraising company Appco has reached a settlement to resolve a class action alleging it misclassified its army of sales people as independent contractors.
Shine Lawyers is investigating two new class actions against Commonwealth Bank of Australia and Westpac's BT Funds Management over allegedly excessive insurance premiums, a week after filing a similar case against AMP's life insurance arm.
A judge has narrowed discovery in a class action against the Commonwealth of Australia over allegedly unlawful Robodebt payments, criticising the lead applicants for persisting with an approach to discovery that "was not a particularly helpful one".
Facing accusations of being a "litigation bounty hunter", litigation funder Augusta Ventures has made its bid before the Full Federal Court to overturn a landmark ruling which put it on the hook for $3.1 million in security in two Fair Work class actions.
A national law firm has dodged an application for access to the files of its current and former clients brought by lawyers investigating a possible class action over allegedly excessive legal costs in personal injury litigation.
ASIC has dropped its fight with Westpac over the bank's financial assessment of home loan borrowers following political pressure, citing the "challenging economic circumstances".
ASIC has called for a $15 million penalty against National Australia Bank over its scandal-ridden 'Introducer' loan referral program, but a judge has questioned the “superficial” investigations in the case and remarked on the corporate regulator's "pattern" of bringing enforcement action after remediation programs were well underway.
A 'sham contracting' class action against fundraiser Appco, said to be worth $90 million, could be settled in two weeks, the lawyer for the lead applicant told a judge on Monday.
Venture capitalist Elaine Stead has refused to go into a second round of mediation in her defamation case against the Nine-owned Fairfax Media Publications saying it would be a "waste of time".