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.
Meal delivery companies Hello Fresh and Youfoodz say the consumer regulator needs to provide more details in its cases alleging customers were charged a fee after cancelling subscriptions.
The wife of a Dubai investor who is accused of failing to repay a $10.7 million debt over a “highly unusual” airport investment proposal has been hit with a third-party freezing order, after the court heard that she received $1.2 million from her husband’s business.
A judge has refused to order a competitive tender process for the administration of a $549 million settlement in a class action over the Morrison government’s Robodebt scheme, while also questioning the funder’s bid for a $71 million commission.
Qantas has agreed to pay $105 million to settle a class action on behalf of hundreds of thousands of customers who allegedly never received refunds after their flights were cancelled during the COVID-19 pandemic.
A class action on behalf of tens of thousands of KFC workers who were allegedly denied rest breaks has settled for around $29 million.
The High Court is set to weigh in on part of an 1881 law invalidated by the NSW Court of Appeal when the state premier’s chief of staff skirted a bid to compel him to give evidence to a parliamentary committee.
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.
Racing NSW is planning to appeal a ruling that found its appointment of an administrator to the owner of Sydney’s Randwick Racecourse over financial concerns was invalid, saying the court’s decision puts it in a “precarious” position.
A barrister for a group of banks defending a lawsuit launched by satellite company NewSat has questioned the credentials of the defunct firm’s solicitor, who has challenged the lenders’ $8.9 million security for costs bid.
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