The lead applicant in a class action against Ford over its allegedly defective PowerShift transmission broke down after being accused of lying under oath during a heated virtual cross-examination by the car company’s barrister.
The Australian Broadcasting Corporation has agreed to pay 1,800 current and former casual staff $12 million in unpaid wages, following an investigation by the Fair Work Ombudsman that found some workers were paid less than minimum wage.
A Federal Court judge overseeing Papua New Guinean Politician William Duma’s defamation lawsuit against Fairfax Media has said he would like to move case management hearings online permanently, saying the move to virtual courtrooms was one good that had resulted from the coronavirus pandemic.
Ardent Leisure, which operates the Dreamworld theme park in Queensland, is facing a shareholder class action over a 2016 tragedy in which four people died following a ride malfunction.
Medical technology company Respiri has settled a lawsuit brought by its former CEO alleging he was terminated for seeking to expand into the Indian market against the wishes of the ASX-listed company’s board.
Recent temporary measures by the government making it harder to bring shareholder class actions should be part of permanent reform, ASX has said, and enforcement of Australia’s continuous disclosure rules should rest with the share market operator and ASIC.
Victoria’s lawmakers have passed a fiercely-debated bill that lifts the ban on contingency fees, making the state the first in the country to allow lawyers to take a percentage cut of any judgment or settlement in class actions.
Norway-based shipping company Wallenius Wilhlmsen Ocean AS has pleaded guilty to one charge of criminal cartel conduct, but told a court the penalty should be discounted from the maximum by over 50 per cent.
The competition cop has given its blessing to Australian Finance Group’s $120 million acquisition of rival Connective Group, after raising concerns the deal could squeeze smaller players out of the mortgage aggregator market.
The competition regulator has raised concerns about Google’s planned acquisition of fitness device company Fitbit, saying the $3 billion tie-up could further cement the dominance of the search engine giant in online advertising.