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Wealth manager Colonial First State Investments has agreed to pay $100 million to resolve a consumer class action alleging it charged excessive fees on superannuation accounts, in one of the biggest class action settlements of the year so far.
A court has approved a $26 million settlement in the long-running class action against cruise operator Scenic Tours, with $7 million earmarked for litigation funder Legal Justice.
SkyCity may be the first company to test the strength of AUSTRAC's claims in court, according to a judge who recently said in a separate case that the regulator's habit of agreeing to penalties could give rise to a "moral hazard".
A junior doctor representing thousands of medical officers in NSW has thwarted an application by the state to declass her group proceeding, with a judge saying a "single determination" of the issues common to all group members was the most efficient way of resolving them.
The Australian Broadcasting Corporation has won its “highly unusual” application to reinstate its defence in a defamation case by ex-commando Heston Russell, after dropping it earlier this week in a bid to protect a source's identity.
A court has found that former Network Ten political editor Peter van Onselen breached a non-disparagement clause in an agreement with the broadcaster by criticising his old employer in an article penned for the The Australian.
The Commonwealth Bank has failed again to dismiss a case brought by customers who claim they were the victims of a money laundering scam known as cuckoo smurfing and had funds seized as proceeds of crime.
A court has found that residents living near an allegedly loud and foul-smelling Graincorp oilseed factory in rural Victoria can band together to bring a class action suit.
National Australia Bank says employees suing the company for years of alleged unpaid overtime have failed to prove the work asked of them was unreasonable, in response to a test case that could affect up to 10,000 staff.
A former law firm partner has lost his scrap with the Australian Taxation Office over exit payments he received on retirement, with a court ruling his $180,000 payout could not be offset against repayments made to the partnership's capital account.