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Courtenay House former director duped hundreds in $196M Ponzi scheme, ASIC says
The former director of investment management fund Courtenay House is facing a slew of criminal charges after an investigation by the Australian Securities and Investments Commission allegedly revealed he duped 590 investors in a $196 million Ponzi scheme.
HWL Ebsworth found negligent, but avoids $424,000 damages bill by ex-client
Law firm HWL Ebsworth has dodged a $424,000 damages claim by a Brisbane property developer, despite a judge finding the law firm was negligent in failing to properly follow its client's instructions on a contract of sale for large block of units.
Class action accuses QSuper of overcharging 140,000 members
Superannuation fund QSuper has been hit with a class action for allegedly overcharging up to 140,000 life insurance customers.
Acciona sues to cancel Kwinana renewable energy plant contract due to COVID-19
Spanish infrastructure company Acciona has filed a lawsuit to get out of an engineering and construction contract for the $696 million Kwinana waste-to-energy plant in Western Australia, citing disruptions from the COVID-19 pandemic.
SA Power Networks settles Yorketown bushfire class action for $2.25M
South Australian Power Networks has reportedly agreed to pay $2.25 million to settle a class action brought by the victims of the 2019 Yorketown bushfire.
Caterpillar resolves case against former employee accused of taking confidential files
Construction equipment giant Caterpillar has resolved its dispute with a former employee accused of flagrantly copying "many thousands" of confidential files before taking a job with a competitor.
Court tosses case over sacred trees at Western Highway upgrade site
A court has summarily dismissed a lawsuit accusing the Victorian government of acting unlawfully by improving the Western Highway and threatening to harm six 'directions' trees of cultural significance to the Djab Wurrung people.
Union accuses McDonald’s of unpaid rest break ‘conspiracy’
McDonald’s Australia has been joined as a second respondent in a union-led lawsuit that accuses the fast food giant of “conspiring to deliberately deny workers their breaks”.
Sparke Helmore was negligent in failing to alert developer to looming deadlines, court finds
Law firm Sparke Helmore acted negligently by failing to adequately advise a New South Wales property developer about extension of time notices that were needed to prevent two lucrative contracts from falling through, a judge has found.
Honda can’t dodge discovery for potential lawsuit by dealers
Honda Motors has failed to strike out or permanently stay a proceeding seeking discovery for a possible lawsuit over the Japanese car maker's decision to abandon its Australian dealership model, with a judge rejecting Honda's argument that the preliminary discovery application didn't meet the requirements for service abroad.