A judge has approved a confidential settlement in a class action against KPMG and nine former Gunns Plantations directors over the failure of six managed investment schemes for eucalyptus wood in Tasmania.
Acciona has hit back at a suit brought by the entity in charge of a $511 million waste-to-energy plant south of Perth alleging it was unlawfully shut out of the project site, with the Spanish infrastructure giant saying the entity had no “unlimited right of access.”
The funder in the Opal Tower class action has appealed a judge’s decision to slash its commission for not disclosing proposed deductions from the settlement sum as percentages, telling the Full Court that group members could do “simple arithmetic”.
The wife of the late mining executive Ken Talbot wanted to “destroy” the law firm that advised her husband about his will, a court has found in awarding costs against the widow.
Shareholders have brought a class action in Australia against New Zealand-based Fletcher Building, alleging the company failed to disclose material information relating to its construction division.
Kanye West, now known as Ye, has been ordered to foot the legal bill of a small Melbourne restaurant he sued, after the lawsuit was thrown out due to the artist’s failure to meet a deadline for filing evidence.
Ashurst has lured the founding partner of McCullough Robertson’s employment and safety practice to expand its risk advisory offering amid increased regulation in the space.
MACH Energy has hit back at a lawsuit by mining executive Nathan Tinkler’s companies that alleges a former general manager misused confidential information to help MACH buy the lucrative Mount Pleasant coal mine.
A judge overseeing a security dispute in a shareholder class action against KPMG and former directors of Arrium has found that potential profits to the plaintiff law firm running the case under a group costs order is not relevant to determining the quantum of security for costs.
ANZ has been hit with a $10 million penalty in a case brought by the Australian Securities and Investments Commission alleging the bank’s home loan ‘introducer’ referral program breached credit laws.