Online trader Plus500 is seeking to stay a class action on behalf of investors who lost money trading in highly leveraged financial products, telling a court the applicant signed an agreement forcing the dispute into arbitration.
In a blow for the plaintiffs in a long-running class action over the government’s live exports ban, a judge has found that no additional cattle would have been exported to Indonesia in 2012 and 2013 if the ban had not been in place.
A bid by the parties for the court to determine legal costs in a successful case over the $55 million sale of a Queensland shopping centre has left a judge scratching his head.
A court has approved a $19.25 million settlement renegotiated by Adero Law in proceedings against hospitality giant Merivale, but has cut more than $400,000 from the firm’s share.
The law firm running a class action against hospitality giant Merivale wants a court to waive a penalty for its failure — once again — to properly disclose its fees.
The Full Court has found an executive at the company behind the Ultimate Fighting Championship gym franchise should not be on the hook for a $5 million judgment awarded to three franchisees.
Hospitality giant Merivale has reached a revised settlement in an employment class action, five months after the lead applicant’s unusual move to renege on an earlier deal.
Private equity firm Alceon and a vendor have been hit with $3 million damages over the misleading sale of a Queensland shopping centre for $55 million.
A former employee of internet service provider Broadband Solutions has been slapped with an injunction restraining his use of company materials and engagement with competitors, with a judge finding it is likely he breached confidentiality clauses.
While it was unfair for a judge to pick Gilbert + Tobin to run a class action against Jaguar Land Rover on the condition that it lower its funding rate, the judge was entitled to consider the law firm’s experience in a similar case against Toyota, an appeals court has said in its reasons.