The applicant in one of four declassed COVID-19 business interruption class actions has reached a settlement under which it will receive $100,000 and the funder the backed the case will pay $1 million towards Insurance Australia’s costs.
HR company Employment Hero has launched legal action against investor and rival Seek, alleging the hiring giant has breached competition laws by terminating access to its API.
A challenge to a compensation determination by a group member in a class action against Johnson & Johnson unit DePuy may involve novel questions for the Full Court on the role of scheme administrators, a judge has said.
A judge has blocked the director of Taylors Business from representing the company in a consumer class action, finding he will not be of any assistance to the court.
A judge has approved an $87 million settlement in a class action against Hino Motors, but says he needs to hear from a contradictor before greenlighting a law firm’s 25 per cent contingency fee.
Glencore Coal has lost its case against the Port of Newcastle alleging it has been overcharged shipping fees based on a determination by the competition watchdog.
The ACCC is concerned Acciona’s proposed acquisition of the East Rockingham waste-to-energy project would remove competition between the only two such facilities in Western Australia.
The ACCC will not oppose the Omnicom Group’s planned $21 billion acquisition of The Interpublic Group of Companies, with the regulator finding the transaction was not likely to substantially lessen competition.
A judge has found that there is no need to revise the 27.5 per cent group costs order secured by Slater and Gordon following the consolidation of two class actions against Insurance Australia, despite the likelihood of a larger payout to the firm.
Auditor KPMG has hit back at a shareholder class action over water treatment business Phoslock’s alleged accounting irregularities, saying it should be completely relieved from paying damages since it acted honestly.