A judge has signed off on a $59 million settlement in a class action accusing five banks of foreign exchange rate-rigging, while bemoaning the failure of successive attorneys-general to advance reforms clarifying the court’s power to make class closure orders.
Builder Richard Crookes has won its costs after mediation was aborted in a case by the owners corporation for a building in Sydney’s Erskineville over aluminium composite panel cladding installed nine years ago.
A judge has rejected Roy Hill’s bid for a declaration that two of its mining leases could not be impeached as long as they are the subject of a registered mortgage, saying it would preclude any challenges.
Mastercard says legal professional privilege remained over a document after a junior lawyer “inadvertently” sent it to the ACCC in 2020 while the credit card giant was trying to dissuade the regulator from continuing an investigation into alleged anti-competitive conduct.
A former ANZ trader that sued the bank five years ago for allegedly sacking him for complaining about the bank’s attempted manipulation of the bank bill swap rate wants the trial date pushed out after receiving thousands of documents from the bank.
A junior Ashurst lawyer’s failure to register a drug wholesaler’s $51 million security interest over a group of Infinity pharmacies was inadvertent, a judge has found in granting a bid to extend the deadline for registration.
The public body in charge of managing the Murray Darling’s water resources has slammed as “incoherent” a class action’s claims that it owes a duty of care to protect farmers and irrigators against economic loss.
The corporate regulator should not be immune from the risk of special costs for actions doomed to fail, says a judge who flayed ASIC last month for bringing a case against TerraCom directors it should have known was a dud.
Developer CBS Commercial has asked a court to summarily dismiss a defects suit over a luxury lakeside development in the leafy Canberra suburb of Kingston, arguing the case has no reasonable prospects of success.
A judge has dismissed a bid by a group of labour hire companies to disqualify former Labor MP now Fair Work Commission deputy president Terri Butler from same job, same pay cases for apprehended bias.