The Commonwealth Bank of Australia faces shareholder action seeking records on its financing of gas and fossil fuel projects to ensure compliance with the bank’s environmental framework, the latest in the next frontier of litigation demanding climate change accountability.
A subsidiary of Indian conglomerate Adani Group has successfully overturned a $106 million judgment against it over access charges for its Abbot Point coal terminal.
A former Deutsche Bank executive named in a criminal cartel case over a $2.5 billion ANZ share placement says the charges against him are defective and should be quashed.
A settlement has been reached in a Murray Darling wine making family’s lawsuit accusing PricewaterhouseCoopers of providing bad unsolicited tax advice that caused them more than $200,000 in losses.
ASIC has agreed to provide Westpac with the transcript of a compulsory examination of one of its traders in court proceedings accusing the bank of insider trading in relation to the $16 billion privatisation of electricity provider Ausgrid.
The applicant in a class action against Volkswagen over defective Takata airbags has appealed a ruling dismissing the case for failing to establish any loss or damage.
BlueScope has labelled “delusional” an argument by the competition regulator that alleged correspondence from a distributor about the steel company’s suggested higher prices was evidence of price-fixing.
Retirement home provider Aveo Group, which is facing a class action by residents, wants a court to determine group members’ loss in a preliminary hearing, but a judge has questioned whether he is barred from deciding the “hypothetical” question.
Consulting giant EY wants a court to dismiss a case brought by a joint venture alleging negligence in due diligence reports of Coca-Cola Amatil’s $40 million sale of fruit processing business SPC.
Chanel 9 sports reporter Erin Molan told a judge the ever-changing goal posts of political correctness made it hard to know whether racially-charged jokes were acceptable radio fodder, but denied ever making racist jokes on air.