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Aurizon wins share capital dispute over $4.4B loan during 2010 float
Rail freight operator Aurizon has triumphed in a tax dispute with the ATO, with a court finding that credit for a $4.4 billion loan by the Queensland government made during an initial public offering in 2010 was share capital despite no shares being issued to the state government.
Ex-AMA Group CEO says he’s been denied emails central to ‘hot dispute’ over loan
Car repair giant AMA Group may have a discovery fight on its hands in its lawsuit against former boss Andrew Hopkins for allegedly defrauding the company of $3 million.
ACCC asked to investigate Qantas flight redemption scheme
The Australian Competition and Consumer Commission has been asked to investigate Qantas' "unworkable" flight credit redemption scheme, which consumer group Choice says places unreasonable hurdles in the way of travellers trying to get a refund or redeem vouchers.
Worley asks High Court to fix ‘absurd’ shareholder class action ruling
Engineering company Worley is challenging an appeals court ruling that allowed a shareholder class action against it to continue, arguing the Full Court's finding that opinions which "ought reasonably to have been held" should be disclosed to shareholders would lead to "absurd consequences".
Mercedes-Benz dealers lose ‘ambitious’ bid to view confidential head office docs
Australian Mercedes-Benz dealers behind a $650 million lawsuit over the car maker’s decision to move to a fixed-price agency model have lost a bid for an “ambitious number” of dealers to view “super confidential” documents from the company’s head office in Germany.
CIMIC to pay $492M to settle dispute over Ichthys LNG project
Engineering firm CIMIC has agreed to pay $492 million to settle a long-running dispute with JKC Australia over construction for the $45 billion Ichthys LNG project in the Northern Territory.
Teens won’t take climate change class action to High Court
An appeals court's finding that the federal government does not owe a duty of care to Australian kids to protect them from the effects of climate change will stand after the lead applicants declined to take the matter to the High Court.
Ex-Atanaskovic Hartnell lawyer stripped from roll after stealing $10M to feed gambling addiction
Former Atanaskovic Hartnell lawyer Brody Clarke has had his name removed from the roll after the NSW Court of Appeal found he engaged in "dishonourable and disgraceful" conduct in stealing almost $10 million from a single client to feed his online gambling addiction.
High Court declines Queensland floods class action appeal
The High Court has declined special leave to a class action to challenge a ruling that found dam operator Seqwater was not liable for the 2011 Queensland floods, after the state of Queensland and subcontractor Sunwater agreed to pay $440 million last year to settle their share of the liability in the long-running case.
Drakes settles underpayments class action for $2.2M
A class action on behalf of Drakes store managers claimed to be worth up to $20 million has settled for $2.2 million, and the law firm behind the proceedings wants a cut of up to $837,000.