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Electronics retailer Harvey Norman and consumer lender Latitude Finance have been socked with a total of $55 million in penalties for a misleading ad campaign seen by millions of Australians.
Construction PRO
A developer can't expand its case against its partners on a residential development at the site of the Lilydale Quarry weeks out from trial, with a judge saying the new claims were brought too late and would unfairly prejudice the defendants.
A judge has made a group costs order that will give Maurice Blackburn one third of any recoveries in a class action against Entain, rejecting the firm's bid for a higher contingency fee rate than earmarked in its parallel Sportsbet class action.
A judge has approved a $120 million settlement in a class action against AMP that followed the banking royal commission, saying while it was a “very disappointing outcome” for group members it was still fair and reasonable.
Construction PRO
Investors in Falcon Capital's First Guardian Master Fund will recover less than 10 per cent of a $33.5 million loan advanced to an inexperienced Melbourne developer, under a settlement reached by the company's liquidators.
Investors in Falcon Capital's First Guardian Master Fund will recover less than 10 per cent of a $33.5 million loan advanced to an inexperienced Melbourne developer, under a settlement reached by the company's liquidators.
Cor Cordis has lost its bid to strike out claims by the former chair of the insolvency firm that it "confected" reductions in work in progress to avoid paying his full retirement entitlements.
The Star has settled a long-running dispute with the ATO over GST on payments made to junket operators, with the ATO agreeing to refund $33 million of the $88 million in dispute.
Construction PRO
Victoria’s State Revenue Office has gone to the High Court in its battle with shopping centre landlord Vicinity Funds over $82.5 million in stamp duty.
A former in-house lawyer at Boeing claims she was sacked by the aviation company after complaining that the company and her boss failed to check on her welfare after the December 14 Bondi terror attack.