Most Recent
Court urged to reject $18M sinking homes class action settlement
A contradictor has urged a judge to reject an $18 million settlement in a class action over sinking homes, saying that owners' claims that were excluded had not been fully investigated.
ASIC seeks $800K penalty against former Rex CEO
The corporate cop has asked a judge to hit the former CEO of collapsed budget airline Rex with an agreed $800,000 penalty for continuous disclosure breaches. 
OAIC to continue probe of Optus representative complaint
The privacy regulator has made a preliminary decision to continue an investigation of a class action-style complaint over the 2022 Optus data breach, despite launching its own case.
Judge allows ASX shareholder to file case despite funder’s ‘parlous’ position
An ASX shareholder has won an interim bid to file a derivative case against several former directors over its CHESS replacement project, but a challenge over whether the case can proceed is still on the cards.
Fortnum cops $1.35M penalty in ASIC case over cyber failures
Financial planner Fortnum Private Wealth has been hit with a $1.35 million penalty after admitting it failed to implement adequate cyber security systems, after a breach led to the data of 9,000 customers being published on the dark web. 
Firm denies malicious intent behind PR image in United class action
Law firm Levitt Robinson has denied malicious intent in the use of a cartoon depicting a petrol bowser with devil horns to advertise a class action against United Petroleum.
JB Hi-Fi class action plaintiff ‘scared’ he’d be left in lurch without warranty
The lead plaintiff in a class action over allegedly worthless extended warranties sold by JB Hi-Fi has said he believed that after the manufacturer's warranty expired, no remedy would be available to him under the Australian Consumer Law.
Tokio Marine says White Oak’s misleading conduct claim unprecedented
Insurance underwriter Tokio Marine has denied misleading US investment firm White Oak by staying silent on alleged issues with an IAG policy keeping Greensill's supply chain financing business operating. 
Construction PRO
Buildstruct director wins appeal over joinder in defects suit
The director of a builder behind an apartment block in Melbourne's Caulfield South has won a challenge to a decision adding him as a respondent in a defects case brought by the development's owners corporation.
Construction PRO
Developer looking to recover $6.5M from builder can’t dodge security
A Victorian developer seeking to recover $6.5 million from the builder on a Gardenvale residential project has lost its bid to avoid paying security, with an appeals court finding there was a risk it could not meet an adverse costs order.