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A judge has signed off on a $16.5 million settlement of a shareholder class action against collapsed engineering and construction company Forge Group.
Deloitte defends partner who took audit files at centre of class action
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Deloitte chairman Tom Imbresi has defended a move by a firm partner to make off with the audit file of collapsed construction company Hastie after a court ordered it be produced to the applicant in a class action against the accounting giant.
AUSTRAC case against Westpac speeds towards penalty hearing
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AUSTRAC’s lawsuit against Westpac over 23 million alleged breaches of money laundering and counter-terrorism laws is racing towards a possible February penalty hearing, with the bank largely in agreement with the regulator on its liability.
Squire Patton Boggs defeats negligence case over $12.5M plant renovation dispute
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Engineering firm GR Engineering Services has lost a negligence lawsuit brought against law firm Squire Patton Boggs seeking damages from an alleged breach of contract relating to the $12.5 million refurbishment of a gold processing plant in Davyhurst, Western Australia.
East Timor loses second attempt to shut down $328M fuel supply dispute
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An appeals court has thrown out the Democratic Republic of East Timor’s second bid to stay a case brought against it by Lighthouse Corporation over $328 million in alleged losses stemming from a failed fuel supply contract.
Ousted Piper Alderman partner to expand case against firm
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A former senior Piper Alderman partner who lodged a sex discrimination case against the firm and was forced off the partnership in June is broadening her case, a court has heard.
CFMEU, officers cop $270,000 fine for site obstruction
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The Federal Court has imposed a higher-end penalty of $270,000 on the CFMEU and three officers for site obstruction, saying the union has “significant resources” and has demonstrated a “willingness to contravene industrial laws in a serious way”.
Domino’s slammed by judge for ‘ridiculous’ redactions in class action docs
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Pizza chain Domino’s has been blasted for redactions in documents it has produced in a class action over worker pay, with a judge warning the franchisor that it could not act as “judge and jury” in deciding what information could be given to the applicant.
JPMorgan witness disputed existence of ANZ cartel ‘agreement’ court hears
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A key witness from JPMorgan previously contested claims by the ACCC that a key component of an alleged cartel arrangement between four major banks around a $2.5 billion institutional share placement by ANZ was actually an ‘agreement,’ as opposed to a series of independent decisions, a court has heard.
$42M Murray Goulburn settlement wins approval, but fight over funder’s cut still on
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Two months after rejecting the deal because the litigation funder’s cut appeared excessive, a judge has approved a $42 million class action settlement with Murray Goulburn while the funder keeps up the fight over its commission.