Fairfax has settled long-running defamation proceedings brought by former Leighton Holdings CFO Peter Gregg over 11 articles that accused him of corruption, after he won an appeal last year overturning his conviction on related criminal charges.
A judge has slugged the Commonwealth Bank of Australia with a $7 million fine in proceedings brought by ASIC for excessive interest charged to thousands of overdraft customers, but noted the penalty amounted to profits from just six hours of operation for the Big Four bank.
A former director of provocative lingerie retailer Honey Birdette has lost a lawsuit against billionaire retail entrepreneur Brett Blundy seeking damages after a relationship breakdown saw her bought out of the firm.
Building and construction information service provider BCI Media is suing CoreLogic, accusing the property data analytics company of unauthorised access and scraping confidential information from its copyright-protected leads platform.
A lengthy dispute over insurance in a settled class action against sandalwood producer Quintis has been resolved, with the Federal Court rejecting a challenge by two insurers to the rectification of policies that could provide a further $11.25 million in recoveries to group members.
A judge has allowed four Afghan witnesses who allegedly saw Ben Roberts-Smith kick a handcuffed Afghan citizen off a cliff to give evidence remotely when the Australian war veteran’s defamation case against three newspapers heads to trial in June.
The “hypocrisy” of ABC journalist Louise Milligan in criticising the host of Media Watch for not seeking comment before a broadcast last month has aggravated the damage caused by her defamatory article, the former Attorney-General and accused rapist has told a court.
Ashurst has become the second Big Six firm to up its bonus game to reward staff for the firm’s strong performance during the coronavirus pandemic, doubling its bonus pool for the year and promising staff a one-time £1,000 special reward.
The prosecution in a criminal cartel case against several banks and high-ranking executives over a $2.5 billion ANZ share placement has fought back against accusations that its indictment is “fundamentally flawed” and should be quashed.
Courts have power to order oral discovery of potential witnesses ahead of trial, according to the judge overseeing two 7-Eleven class actions by franchisees, but the cases against the convenience store giant were not the occasion to exercise the power, he said.