Two investors in failed Great Southern Group managed investment schemes have lost their latest appeal over a controversial class action settlement deed that allowed Bendigo and Adelaide Bank to enforce loans issued to fund their investments. But a third borrower, who denied he was a member of the class action, has been given the greenlight to defend the bank’s recovery proceedings.
Wesfarmers has revealed staff at Target stores were underpaid $9 million, one day after Coles announced at least $20 million in underpayments.
Melbourne-based class action lawyer and litigation funder Mark Elliott has reportedly died in a vehicle accident on his farm in Flinders, Victoria.
A Victorian politician has slammed a bill that would allow lawyers running class actions in the state to charge contingency fees, calling the proposal a ‘handshake’ to the country’s two largest plaintiffs law firms.
Defending against a $300 million class action brought by Centrelink recipients over its Robodebt scheme, the Federal Government has told a court it did not owe a duty of care to people receiving benefits.
Coles underpaid salaried staff members in its supermarket and liquor businesses at least $20 million over the past six years, the company revealed in announcing its half-yearly results.
The liquidator of collapsed app-development firm Appster has filed examination proceedings against the company’s founders and auditor ahead of possible legal action for allegedy trading while insolvent.
Pacific National has defended a decision by a judge to accept an undertaking and rule against the ACCC in its competition case over the rail operator’s acquisition of a major freight terminal in Queensland, saying the ruling was structured with “commendable judicial economy”.
Two former directors of defunct Gold Coast asset manager Avestra are facing a lawsuit from the company’s liquidators seeking to recover $6 million in alleged losses by three of the company’s managed investment schemes.
Search giant Google may face a class action by disgruntled business owners seeking compensation for loss and damage they claim has been caused by anonymous negative online reviews.