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Insurers win $3.2M lawsuit over COVID-related cancellation of Big Red Bash festival
Insurers have triumphed in a lawsuit over coverage for the $3.2 million cancellation of the Big Red Bash outback music festival during the first wave of the coronavirus pandemic, with a judge finding a communicable disease exclusion in the organiser's event cancellation policy was engaged.
INPEX, JKC settle spat over $45B Ichthys LNG project
Japanese oil and gas producer INPEX and contractor JKC Australia have settled all claims between them relating to the construction of the $45 billion of Ichthys LNG project.
Court asked to find Retail Food Group class action exempt from MIS rules
A class action against franchise giant Retail Food Group wants to head off any challenge to its funding agreement with a court order that the financing arrangement is exempt from controversial regulations requiring group proceedings to be run as managed investment schemes.
Fraud dooms settlement in art collector’s defamation suit over Telegraph story
A judge has rejected an art collector’s bid to enforce a settlement in litigation against the publisher of the Sunday Telegraph over an allegedly defamatory story concerning his purchase of a painting by Australian artist Del Kathryn Barton, finding he had lied about the story being false.
Banksia funder to be wound up, liquidators to probe potential claims against directors
The litigation funder behind a scam to defraud members of a class action over the collapse of Banksia Securities has entered liquidation, and the funder's two surviving directors will be among potential targets of attempts to recover money to pay a $21.7 million court judgment.
Djokovic to leave Australia after losing court battle over cancelled visa
Tennis star Novak Djokovic's challenge to the Immigration Minister's decision revoking his visa was unanimously dismissed Sunday, clearing the way for his removal and crushing his hopes for another Australian Open title.
ACCC appeals ruling from judge who ‘gagged’ at proposed $5M Employsure penalty
The ACCC will seek a higher penalty against Employsure over misleading Google advertisements, after a judge found the consumer regulator's proposed $5 million penalty was inappropriate and instead ordered the specialist workplace relations consultancy to pay $1 million.
Court slams judge’s ‘unsound’ and ‘illogical’ decision to throw out investors’ case over email
Two investors have successfully challenged a ruling that threw out their defamation case against a former colleague, with a Federal Court judge saying the primary judge’s findings were “unsound” and “illogical”.
Bill Papas’ cousin denies Westpac claims over $720,000 payment
Forum Finance director Bill Papas’ cousin has hit back at Westpac’s allegations he wrongfully received $720,000 from the alleged fraudster in violation of freezing orders made in the bank’s lawsuit, which seeks to recoup $294 million paid into an alleged fraudulent scheme.
The class action settlements that came under fire in 2021
If evidence were needed that courts are not rubber stamping class action settlements, the scrutiny of multi-million dollar agreements in 2021 is proof positive that judicial oversight of representative proceedings is robust.