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Debt management business Solve My Debt Now will admit liability in action by the Australian Securities and Investments Commission alleging customers were worse off after using its services.
Construction PRO
A Bechara family-affiliated builder and developer of a 99-lot residential building in a Sydney suburb have avoided liability for $3 million in fire safety rectification costs.
Construction PRO
A court has found that investment mentoring firm The Property Mentors made misleading statements to investors about the estimated timeframe and returns of a failed development in Perth.
Element Zero has denied claims that three former Fortescue employees, including one executive, misused confidential information and developed a green iron process on the company dime.
In the latest class action loss, a judge has said that $165 million in fees charged to members by NAB super fund trustee NULIS Nominees was corporate revenue “with which it was free to deal as it saw fit".
A new practice note prohibiting the use of AI in certain circumstances is needed to guard against "laziness" in the legal profession, says NSW Supreme Court Chief Justice Andrew Bell.
A class action against NAB unit NULIS Nominees over adviser fees charged to superannuation fund members should be dismissed, a judge has found.
Construction PRO
Logistics giant Qube has partially prevailed in setting aside amounts Martinus Rail claimed it was owed under a contract for work at an intermodal freight terminal in Moorebank, NSW.
A defamation case over Facebook comments that described the Liverpool City Council mayor as a “grub” and a “crim” has been tossed for failing to pass the serious harm test.
The judge overseeing class actions against Uber has approved a $271.8 million settlement, which includes an $82 million deduction for the funder and $39 million for the firm that ran the cases.