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A judge wants more details about a $10.3 million agreed-to penalty in proceedings brought by ASIC accusing Mercer Super of "longstanding and systemic" compliance failures.
Mastercard argued Wednesday it relied on legal advice in drafting alleged anti-competitive deals with major retailers, as the judge questioned the reliability of some witnesses for the payments giant, who recalled "virtually nothing".
After handing down the first post-trial win for a shareholder class action on damages, a judge has assessed the figure owing the lead applicants, and made orders for a lump sum assessment of costs, which he estimated at $20 million.
Construction PRO
A judge has found that a trustee accused of being jointly liable for $790,000 in costs arising from Land and Environment Court proceedings can inspect his Gold Coast lawyers’ files to decide whether to sue them for negligence.
A judge has closed a racial discrimination class action against Adani’s Australian mining business after finding that it sought to go “much further” than the complaint filed with the Australian Human Rights Commission.
Noting the aging group members, a judge has pushed the parties in two class actions against aged care facilities over COVID-19 outbreaks to shoot for a 2027 or early-2028 trial date.
Former Carlton president and PwC chief executive officer Luke Sayers has lost his bid to transfer his wife’s defamation case over an explicit image posted to his social media account to the Family Court, where the proceedings would be confidential.
Kicking off its appeal of a finding that it couldn't walk away from a $672 million merger agreement with Mayne Pharma, US drug company Cosette has told a court that Mayne was not upfront about its financial position prior to the deal.
Construction PRO
Insurers fighting a case by Webuild and NRW's seeking coverage from damages caused by a sinkhole during the construction of Perth's $1.8 Billion Forrestfield-Airport Link have pointed to emails from WeBuild staff and contractors which they say prove their claims of fraud.
Venture capital firm EVP has sought the court’s leave to proceed with claims against Strongroom AI founder and former director Christopher Durre, despite his financial state.