Recovery of legal costs has been capped in a case over Woodside’s $16.5 billion Scarborough gas venture that will give the Federal Court the first chance to weigh whether an environment plan complies with the law.
A lawyer for the Australian Securities and Investments Commission has been grilled by a Federal Court judge for failing to file a defence in Clive Palmer’s case against the corporate watchdog.
A judge has dismissed lawsuits brought by three former Salter Brothers clients alleging they were misled about an investment fund marketed as part of a visa program to migrate to Australia.
Bakers Delight has filed a challenge to a finding that it was subject to a statutory reverse onus aimed at employers, in a Fair Work Ombudsman underpayments case against a franchisee.
Maxcon Developments, which allegedly owes $23 million in unpaid tax, has lost its bid to stay orders winding up the business, with a judge deeming the company “hopelessly insolvent”.
The director of collapsed investment firm Linchpin Capital has lost his challenge to a $150,000 penalty, with an appeals court dismissing his arguments as “carping criticism”.
A $100 million settlement by AMP in a class action by financial planners over the wealth manager’s buyer of last resort policy has been given the OK, but the litigation funder won’t be reimbursed for $2.6 million in insurance and administrative costs.
A New South Wales developer’s competition case against NSW Ports over a ports privatisation agreement looks bound for the High Court after a judge found a related ACCC proceeding did not bar it from bringing the case, which will challenge a Full Court finding that the ports operator was shielded by derivative Crown immunity.
The funder of a class action by financial advisers against AMP is seeking a $28.5 million profit from a $100 million settlement, a hefty payout that has prompted the appointment of a contradictor but may survive the scrutiny in light of a recent appeals court decision.
A judge has appointed a contradictor for an upcoming settlement approval hearing in a class action by financial advisers against AMP over its buyer of last resort policy, saying the funder was taking a “very large” cut of the $100 million settlement.