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Paladin Energy hit with shareholder class action
Securities 2025-04-16 2:37 pm By Cat Fredenburgh

Paladin Energy has been hit with a shareholder class action over alleged misleading disclosures to the market about expected production at its flagship uranium mine in Namibia.

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Citing financial uncertainty, Star says trial in AUSTRAC case should not wait
AUSTRAC 2025-04-16 11:26 pm By Julia Kanapathippillai

Embattled casino operator The Star says a trial in AUSTRAC’s case should not be delayed until the finalisation of a $300 million buyout offer from Balley’s, as suggested by the financial crimes watchdog.

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$64.25M settlement in MLC Super class action on ‘higher end’, court told
Class Actions 2025-04-16 3:19 pm By Andy Sidler

A judge has been asked to approve a $64.25 million settlement in a class action against the trustees of the MLC Super Fund, hearing the settlement, reached just prior to the dismissal of a similar class action, was on the “higher end”. 

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Construction PRO
Developer can’t claim setoff in spat with Tomkins over $55M Sunshine Coast apartments
Contracts 2025-04-22 11:30 pm By Julia Kanapathippillai

An appeal against a ruling that the developer of a $55M Sunshine Coast residential complex could not set off a liquidated damages claim against builder Tomkins’ pre-completion payment claim has been thrown out.

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Sky News loses appeal in case of ‘wholesale copying’ by media monitor Isentia
Intellectual Property 2025-04-16 11:33 am By Christine Caulfield

An appeals court has dismissed Sky News’ challenge to a ruling that media monitor Isentia was not liable for copyright infringement despite “wholesale copying” of content for government clients.

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Failed MLC class action can’t peek at settlement deed in resolved case
Class Actions 2025-04-15 11:04 pm By Christine Caulfield

The applicant in a failed class action by members of NAB’s MLC Super fund can’t access a settlement deed in a separate class action against the fund trustee, which resolved days after the applicant’s case was thrown out.

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A ‘maddening morass’: Court strikes out COVID-19 vaccine class action
Class Actions 2025-04-15 11:52 pm By Julia Kanapathippillai

A judge has struck out an “incoherent” COVID-19 vaccine-related class action, saying someone could go “mad” trying to understand the pleadings in the case.

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Judge ends Keybridge administration, finds company is solvent
Restructuring & Insolvency 2025-04-15 2:08 pm By Andy Sidler

After running a successful campaign to remove three board members, major Keybridge shareholder WAM Active has convinced a court to end the investment company’s administration after it provided a letter of comfort and offer to fund its debts.

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Clive Palmer files appeal in failed suits against ex-ASIC chair James Shipton
Appeals 2025-04-15 1:32 pm By Cat Fredenburgh

Clive Palmer has appealed a court’s decision to toss his lawsuits against former Australian Securities and Investments Commission chair James Shipton alleging he acted in bad faith when the regulator filed criminal proceedings against him.

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ASIC secures winding up orders against Falcon Capital
ASIC 2025-04-15 2:54 pm By Andy Sidler

ASIC has won winding up orders against investment firm Falcon Capital and its managed investment scheme First Guardian Master Fund, after raising concerns about potential risks to investors. 

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