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A shareholder class action has slammed as “nonsensical” Fletcher Building’s claim that a judge’s public comments in his previous role at Maurice Blackburn created an appearance of bias against corporate defendants.
Mastercard won’t be ready for March trial in ACCC case, court hears
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Mastercard is staring down costs orders after telling a court it will seek to vacate an upcoming trial date in its fight with the competition regulator after technical difficulties slowed the discovery process.
Toyota’s rogue communication with class action members comes under fire
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Toyota’s offer to fix customers’ diesel filters has drawn criticism from a class action, which alleges it misled group members into believing a fix would have no bearing on damages they could be owed.
Lendlease sells Capella Capital to Sojitz for $235M
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Lendlease has finalised the $235 million sale of infrastructure investor Capella Capital to Japanese trading company Sojitz Corporation.
Netflix denies axing manager for taking maternity leave
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Netflix says it was reasonable to make a manager redundant while she was on maternity leave, saying it was part of a restructure and that “ongoing performance issues” meant she was not suitable for a new role.
Lendlease class action scolded by court for ‘consistent disregard’ for deadlines
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The plaintiffs in a shareholder class action against Lendlease have lost their bid for further discovery from the builder, with a judge taking a swipe for their “flagrant” failure to meet deadlines.
Class action judge grills Fletcher Building on recusal bid
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A judge who was previously the head of class actions at Maurice Blackburn has questioned a bid by Fletcher Building that he recuse himself from presiding over a shareholder case against the construction company.
Group members to get half of $42.25M CIMIC class action settlement
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Group members will receive no less than 50 per cent of a $42.25 million settlement reached in a shareholder class action against engineering firm CIMIC.
Council loses opposition to ‘menacing’ development near Sydney coastal walk
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An advertising exec has won the green light to build a two-storey residence on Sydney’s Tamarama headland, despite the council’s concerns that ten stone “cocoon” structures will “loom over” the iconic Bondi to Bronte coastal walk.
Sydney Water accused of misleading conduct in $347M compulsory land acquisition
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The former owner of 28 hectares of land in Western Sydney has sued Sydney Water, alleging it deliberately sought to prevent the sale of the property on the open market and disputing a $347 million valuation.