A judge has questioned whether an agreed penalty against ANZ for overstating bond trading volumes is sufficient, noting the misrepresentations were “very significant”.
Sydney Trains has reached an in-principle agreement to settle a class action by operations staff alleging a “systemic pattern” of underpayments and overwork.
A law firm that was set to argue that two firms formed an anti-competitive agreement in cooperating to run an ad tech class action against Google has dropped its appeal of its failed bid to run the representative case.
Baker McKenzie has lured a Herbert Smith Freehills Kramer partner to head the firm’s project finance team, specialising in infrastructure and power projects.
The applicant in a failed class action against Queensland utilities Stanwell and CS Energy can’t get its hands on fee invoices as it prepares its response to a claim for recovery of what could be up to $40 million in costs.
Underpayments class actions against Coles and Woolworths want to expand their claims to cover a longer time period, which would leave the supermarket giants with even bigger remediation bills than the $780 million estimated in the wake of a finding that underpayments cannot be set off.
BHP must compensate coal mine workers who were rostered to work at a Queensland mine on Christmas and Boxing Day without a reasonable right of refusal.
A judge won’t schedule an initial trial on the limitations period in a $150 million coverage spat between insurers and Northwest Rail Link builders CPB Contractors and John Holland.
Several Apache Corporation units have failed to block Santos from withdrawing admissions in a long-running fight over $83 million in tax credits related to Apache’s $2.1 billion sale of certain assets, with a judge finding Apache’s prejudice arguments were “significantly overstated”.
The funder and law firms that ran a shareholder class action against BHP over the collapse of the company’s Samarco Fundão dam in Brazil will seek approval for deductions that will see half of the $110 million settlement go to group members.