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Judge set to approve $55M Aldi class action settlement
A judge has said he has no issues with a $55 million settlement resolving a union’s underpayments class action against grocery chain Aldi for workers who were allegedly denied pay for pre- and post-shift work.
Karl Stefanovic settles dispute with podcast biz partner
Former Today host Karl Stefanovic has reached a settlement in a dispute with his former business partner, with Stefanovic buying out her stake in their podcast business for an undisclosed amount.
Engineering firms dragged into sinking homes class action
A developer facing a class action from homeowners who claim their properties are sinking has dragged engineering firms Simmonds and Hunter Geotechincal Services into the case.
Hollard hit with $2M penalty for claim delays, far below $30M ASIC sought
Insurer Holland has been hit with a $2 million penalty over claim delays which ASIC argued warranted a $30 million penalty, the first civil penalty against an insurer for breaching its duty of good faith.
ASX to oppose derivative suit over CHESS replacement project
The ASX will oppose a shareholder's bid to bring a derivative suit against former officers and directors over its bungled CHESS replacement project, after a judge found directors were involved in misleading investors about the project and hit the exchange with a $20.5 million penalty.
Holding Redlich grows litigation practice with six new hires
Holding Redlich has hired six new lawyers, including two partners, to bolster its dispute resolution practice in Melbourne and Brisbane.
Construction PRO
Heran Group unit wins appeal in fight over $128M Gold Coast tower 
An appeals court has ruled that Heran Group's York Property can call on $6.4 million in bank guarantees in its dispute with builder Tomkins, which alleges that a $17.5 million payment certificate issued under a contract to build a 119-Gold Coast residential tower was not authorised.
Construction PRO
Firmus pulls plug on $44B IPO, citing market volatility
AI data centre operator Firmus has scrapped its plans for an initial public offering that valued the company at over $44 billion.
Construction PRO
Expert maths in suit against Monash Uni can be done by Year 7 student: judge
A judge won't order expert mathematical evidence in a suit against Monash University over alleged unpaid bed rent, saying the calculations could be done by someone in Year 7.
IAG, RACWA challenge competition cop’s rejection of $1.35B merger
Insurers IAG and RACWA has brought the second appeal of a decision by the Australian Competition and Consumer Commission blocking a transaction under the new merger regime.