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The liquidators of an unregistered managed investment scheme run by convicted fraudster Chris Marco have fended off a summary dismissal application by investors, with a judge finding that it was not so obvious that they would be entitled to a good faith defence to warrant tossing the case.
The judge overseeing class actions against Hyundai and Kia has taken the parties to task over lack of progress in the cases, calling them out for “paying lip service” to the obligation to proceed expeditiously.
A court has ordered Macquarie Securities to pay an agreed $35 million penalty after finding that “serious deficiencies" in its reporting systems resulted in repeated failures to accurately report short sales.
Victoria will pay $125 million in a settement finalised on Monday in a class action over the state's COVID-19 hotel quarantine program.
The estranged wife of former Carlton Football Club president and ex-chief executive of PricewaterhouseCoopers Luke Sayers wants a jury trial in her case over an alleged defamatory statutory declaration he wrote as part of an investigation into an explicit social media post that led to his resignation from the club.
Construction PRO
The High Court has declined to hear a challenge to an appeals court ruling that found mining companies AngloGold and IGO Limited did not need to renegotiate native title approvals when they consolidated 31 existing mining leases into one.
Construction PRO
The High Court has declined to weigh in on a dispute between the tax office and Canberra developer Geocon over excess GST on $115 million in sales from a 360-unit development.
A judge has struck out a crypto company's injurious falsehood case against the Sydney Morning Herald's publisher after finding its statement of claim did not plead a cause of action.
A class action on behalf of tens of thousands of KFC workers who were allegedly denied rest breaks has settled for around $29 million.
Real estate data company BCI has slammed US analytics company CoreLogic’s "desperate" objection to a second data set in their data scraping fight, saying it's an attempt to cut off one mode of proving loss.