An investor class action against failed advisory firm Linchpin Capital has sought court approval of a $12.15 million settlement with insurer AIG, which will leave 176 group members to share in $7.2 million after deductions.
The ACCC has won court approval to bring claims against two companies in liquidation alleging they engaged in unconscionable and misleading conduct in the sale of printing cartridges and cleaning chemicals.
A business lender that issued personal loans is on the hook for unlicensed credit activity, but ASIC’s action against the director has failed, with a judge finding the regulator was “entirely indifferent” to the circumstances of the case.
Save (0) Please login to bookmark Close Username or Email Address Password Remember Me A lawyer who assisted members of the Bandidos outlaw motorcycle gang by forging documents and helping supply methamphetamine has been struck off the roll. NSW-based lawyer Alina Yousif was found guilty of knowingly taking part in the supply of a prohibited…
Dairy company Fonterra can’t get a court declaration that its Australian exit plans will not trigger change of control clauses in lucrative licence agreements with Bega, potentially affecting the likely sale price.
Western Australian senator Linda Reynolds has filed a lawsuit against the federal government and HWL Ebsworth over a $2.4 million settlement with former Liberal staffer Brittany Higgins.
A judge has taken issue with an argument by disgraced solider Ben Roberts-Smith that a Nine journalist threw his solicitors “under the bus”, saying it suggested the MinterEllison lawyers engaged in misconduct in the absence of an appeal claim against them.
A judge has criticised the approach McDonald’s has taken to discovery in a rest breaks class action, noting that that despite having a team of 66 legal personnel working on the case, the fast food chain is still in default of court orders.
WiseTech Global’s embattled founder Richard White and his wife, Zena Nasser, have resolved a lawsuit by a former employee of White’s private investment company, Realwise Management.
Facing a US antitrust suit by Glencore, global agribusiness Louis Dreyfus BV has won its bid to examine Sydney resident Mark Allen, a former Glencore trader and current CEO of agri-finance firm Thera Capital.
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