Most Recent
A law firm that's running a shareholder class action against online travel agency Web Travel over an allegedly misleading earnings guidance is seeking a group costs order rate which a judge recently noted in a separate case "was on the higher end".
Construction PRO
A judge won't order expert mathematical evidence in a suit against Monash University over alleged unpaid bed rent, saying the calculations could be done by someone in Year 7.
Light & Wonder has hit back at a securities class action over disclosures about the theft of Aristocrat's trade secrets, denying that its 2025 $1.4 billion forecast depended on its Dragon Train poker game which misappropriated its rival's IP.
Insurer Nautilus has secured an extension to serve a writ on a slew of reinsurers as it awaits a High Court decision on whether to revive a class action against former NAB super fund trustee NULIS Nominees over $165 million in conflicted remuneration.
A judge has questioned how a law firm arrived at a proposed GCO rate of 35 per cent in a shareholder class action against Light & Wonder and wants more data to support the application, which the game maker said was based on "impressionistic" evidence.
The law firm behind a shareholder class action against poker machine company Light & Wonder is calling for a contingency fee on the high end of group costs orders issued to date.
A Singapore-listed company that acquired former ASX-listed coal miner Blackgold International is statute-barred from claiming that Blackgold’s former lead auditor should have detected fraudulent transactions in the company’s accounts.
Construction PRO
Melbourne builder Cobild has resolved a lawsuit brought against a developer arguing it must return a $497,000 bank guarantee under a contract to build a $50 million office complex.
Construction PRO
A Toorak developer has been barred from calling on nearly $500,000 in security, with a court finding an allegation against contractor Kronstruct was “irrational and misconceived" and did not result in the alleged $1.6 million loss.
A judge has rejected a bid by Toyota's finance arm to require group members in two class actions to register ahead of mediation to participate in any settlement arising from mediation in the cases.