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Insurance Australia Group has reportedly settled a multibillion dollar case by Credit Suisse over the collapse of supply chain financier Greensill Capital on the eve of a five-month trial.
KPMG dealt with a whistleblower's allegations over the misuse of confidential client data in an "overly legalistic" way, a new report has found, saying the accounting firm "lost sight" of its values and dropped the ball.
Meta is facing a second class action investigation after the company's multibillion-dollar settlement in the US over claims it designed its social media platforms to increase the risk of user addiction.
The lawyers and funder behind a settled class action against AMP will ask a court to OK fees and commission totalling almost $22 million, a bill that leaves just $7 million for group members but represents a $43 million loss on actual costs.
Construction PRO
Logistics company Qube has prevailed in a fight to enforce $26 million in partial arbitration awards against Martinus Rail over Sydney's $4 billion Moorebank Intermodal Terminal.
Construction PRO
Charter Hall has picked up three industrial and logistics assets in South East Queensland, including an Australia Post distribution centre, for $192.4 million.
A class action has told the Federal Court that franchisees of defunct Westpac subsidiary RAMS felt targeted and discriminated against after being flagged for "suspected anomalies" during an investigation.
Litigation funder Omni Bridgeway is challenging a decision that halved its $71 million commission in the Robodebt class action, which settled for $550 million.
Macquarie's board will no longer back the appointment of KPMG to replace PricewaterhouseCoopers as the group's auditor, following claims audit partners used confidential client information to win tenders.
Shine Lawyers has written down its work in progress and disbursements by $13 million from a class action after an "unexpected" judgment, it said Friday, a week before the release of its 2026 financial year results.