Ashurst

ANZ has agreed to pay $240 million in penalties to resolve four separate cases by the corporate regulator, including a record $80 million penalty for unconscionable conduct in its dealings with the federal government. 

The owner of a dental practice compulsorily acquired by Sydney Metro for the Metro West project has lost a bid for $6 million in compensation, with a judge rejecting its claim for ‘special value’ in the land.

The judge overseeing the Robodebt class action, which settled this month for a record $548.5 million, may put the settlement administration role out to tender, saying the sum earmarked for the job was "staggeringly large".

A group of labour hire firms are continuing their push to disqualify former Labor MP turned Fair Work Commission deputy president Terri Butler from same job, same pay cases by the union representing coal miners.

Coles and Woolworths estimate they will need to remediate underpaid workers up to $780 million, following a complex judgment in two class actions and regulatory proceedings handed down last week.

A judge has criticised the “unacceptably complex” trial of two regulatory cases and two underpayments class actions against Coles and Woolworths, delivering a ruling whose significance for the workers is not yet clear.

A class action over the Morrison government’s Robodebt scheme has settled for $548.5 million, the largest class action settlement in Australia’s history, on the back of damning revelations in a royal commission report released after the class action originally settled for $112 million. 

Ashurst has recruited the architect of Australia's merger reforms as companies prepare for the new regulations to kick in next year, and she tells Lawyerly businesses can expect a "well-prepared" ACCC.

A judge has struck out builder CPB Contractor's “clearly untenable” claim against Transport for NSW for $63 million in delay costs for work on the Pacific Highway upgrade.

Phoslock Environmental Technologies, which has produced hundreds of thousands of documents to federal police as part of an investigation of the company's China operations, must hand over the bundle to a class action.