ASIC has told a court that a PwC report into allegations of inaccurate coal pricing found that 12 “inconsistent” invoices issued by TerraCom resulted in a $1.15 million benefit to the company, contrary to the company’s claim that the audit found no wrongdoing.
The owners of the Blues Point Tower in the Sydney harbourside suburb of McMahons Point must cough up additional payments to builder Buildcorp after it undertook remediation work on the heritage-listed tower.
The Australian Football League and Geelong Football Club have brought applications seeking to strip a case over on-field concussions of class action status.
A judge has urged the Northern Territory public housing authority and a discrimination class action to seek the court’s assistance instead of resorting to lengthy correspondence as they “lock antlers” over discovery and factual matters.
Mineral Resources and founder Chris Ellison have avoided a shareholder class action’s bid for early discovery of documents — including those produced to ASIC and the ATO — after Ellison argued it should wait until “numerous admissions” are made. The Phi Finney McDonald class action, filed in the Supreme Court of Victoria on 31 March,…
NAB has agreed to pay a $15.5 million penalty for failing to respond to customer hardship notices, around half the size of the penalty ASIC is seeking against Westpac for similar breaches of the Credit Code.
Pithy one-liners and even pithier rulings are just part of NSW Supreme Court judge James Stevenson’s legacy as he steps down from the bench, bringing to an end a class of judicial staffers known as “Team Stevo”
A judge has expressed doubt about the need for expert evidence in class actions against McDonald’s and KFC over their alleged failure to give workers rest breaks, saying “I imagine if you’re a worker, you’d like a rest”.
A Western Sydney developer must make good on an agreement to buy a rezoned greenfield site in regional NSW for $70 million and pay $2.2 million in interest, a judge has found.
A judge has stayed engineering firm Clough’s $54 million cross-claim against its former joint venture partner on the EnergyConnect transmission project, Elecnor, saying the claim must be sent to arbitration.