The government has agreed to acknowledge that climate change is a systemic risk that could affect the value of its bonds in order to resolve a class action on behalf of sovereign bond investors over its climate disclosures.
The former general counsel of UK-based transit payment provider Littlepay has lost her lawsuit alleging she faced a hostile workplace when she returned from maternity leave and was dismissed for making complaints about the company’s CEO and another global executive.
The corporate regulator has lost its civil case against Frank Wilson, the founder of sandalwood oil producer Quintis, after failing to persuade the Federal Court he withheld from the board the termination of major supply contracts with a Nestle unit.
A judge hearing closing submissions in Heston Russell’s defamation case against the ABC has expressed “significant reservations” about evidence by the former commando and said that a “less than complete” story could still be protected under the new public interest defence.
A judge has hit BlueScope Steel with a $57.5 million penalty for engaging in attempted cartel conduct and ordered a former executive to personally pay a $575,000 penalty.
Outgoing ACT director of public prosecutions Shane Drumgold SC has taken legal action to quash leaked findings from an inquiry led by Walter Sofronoff KC into his conduct in the prosecution of assault claims against Bruce Lehrmann.
A franchisee class action against United Petroleum over the installation of allegedly loss-making Pie Face stores at its franchise sites is fighting two applications for security for costs which it says can’t be met, as funders take little interest in the case.
Delays in court approval of settlements in their pelvic mesh class actions against US giants Johnson & Johnson and Boston Scientific have been blamed for Shine Lawyers’ 89.39 per cent decline in net profits for 2023.
Star Entertainment coughed up $595 million in regulatory and legal costs in the 2023 financial year, as it faces ongoing disputes with ASIC and AUSTRAC and an $80 million class action.
A judge has said that an underpayments class action’s challenge to hospitality giant Merivale’s argument that it does not owe back wages because it relied on an enterprise agreement it believed was valid should be heard before trial.
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