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One of the country's leading class action lawyers has left Jones Day for Thomson Geer, the third litigation partner to depart the US-based firm in recent months.
A former Holden dealer has lost a $9 million suit alleging General Motors misleadingly represented that it was “100% committed” to the line a few years before it decided to discontinue the brand.
A Dubai-based investor is seeking to vary "punitive" freezing orders won by a brokerage firm that claims he failed to repay a $10.7 million (US$7.2 million) debt over a "highly unusual" airport investment proposal.
A Federal Court suit by HR company Employment Hero accusing investor and rival Seek of misusing its market power has been resolved.
A judge has ordered the lead applicant in a failed class action against Queensland utilities Stanwell and CS Energy, which was slated to be worth $1 billion, to pay $32.4 million in costs.
Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.
Reforms to Australia's merger review regime kicked in on 1 January, but late-breaking amendments to the new laws mean changes to notification thresholds and further exemptions.
WiseTech has agreed to divest logistics software company Expedient, which the ACCC said the Richard White-founded company acquired before the regulator had completed its competition review.
Binance has agreed to a $10 million penalty in ASIC’s case alleging the defunct crypto firm misclassified retail customers as eligible to invest in risky derivatives, but a judge wants more details before approving the deal.
Fresh off being sued by ASIC for investing $300 million into Falcon Capital’s failed First Guardian Master Fund, super trustee Diversa has been hit with additional licence conditions by the prudential regulator.