A judge has signed off on settlements in two class actions against a defunct Sydney-based financial advisory firm by a group of Chinese investors over a property investment and visa scheme that allegedly saw group members lose $30 million in funds.
A unit of Johnson & Johnson has been ordered to pay around $40 million in legal costs to the lead applicants in a class action over pelvic mesh implants after a judge dismissed the company’s bid to stay the costs until after a high profile appeal is heard next year.
A class action filed by Maurice Blackburn against NAB units MLC and NULIS was invalidly commenced thanks to a carve out in the Supreme Court Act that bars class actions involving trust property, the Victoria Supreme Court has found.
Assurances that PwC can be a defendant in a privilege fight with the ATO while representing three other defendants in the proceedings and avoid a conflict of interest has failed to allay concerns raised by a Federal Court judge, who said the situation created “at least an appearance of tension”.
A barrister has launched defamation proceedings against Fairfax over an article alleging he spent decades helping Texas billionaire Bob Brockman defraud the United States of US$2 billion in taxes.
A job applicant has taken e-commerce giant Amazon to court for allegedly violating the Fair Work Act by refusing to give her a job because was pregnant.
ASIC has spent $3.2 million so far pursuing billionaire mining magnate Clive Palmer in two criminal lawsuits alleging takeover contraventions and fraud.
A News Corp subsidiary has hit back at a defamation lawsuit by a Sydney-based solicitor claiming two Daily Telegraph articles implied he was too old and deaf to represent clients, filing a defence denying that the imputations were conveyed.
Shareholders of collapsed vocational training company Vocation are poised to get about half of a $50 million settlement reached last month in a complex, long-running class action alleging the company failed to make adequate disclosures about its contracts with the Victorian Department of Education.
Rival bookmakers Sportsbet and Sportsbetting.com.au have reached a settlement in their trade mark and consumer law dispute, agreeing to drop their claims against each other for unspecified terms.