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A shareholder class action against Virgin Australia over representations made in a prospectus for a $324 million capital raising won’t put a dent in the airline’s financials, the company said Friday.
High Court won’t hear case by Victorian anti-lockdown protestor
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An anti-lockdown protestor’s application to have the High Court hear a challenge to the dismissal of her lawsuit over Victoria’s stay-at-home orders has been rejected, with the justices saying the case should be heard by the state’s Court of Appeal.
Clothing retailer Tiger Mist pays fine for misleading returns policy
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Online clothing retailer A&S Labels Pty Ltd, trading as Tiger Mist, has coughed up $26,640 to the Australian Competition and Consumer Commission for allegedly misleading customers about their return rights.
PwC sued over advice on $88M sale of Hudson Pacific to Retail Food Group
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The founder of wholesale food company Hudson Pacific has sued PricewaterhouseCoopers for allegedly providing bad advice on the terms of the $88 million sale of his business to Retail Food Group in 2016.
Virgin Australia hit with class action over 2019 prospectus
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Virgin Australia has been hit with a shareholder class action over representations made in a 2019 prospectus for a capital raising to fund its $700 million acquisition of the Velocity loyalty program, just six months before the airline sank into administration.
Full Court finds casual workers can’t be axed for exercising workplace right
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A former truck driver for Cooloola Milk who claims he was fired after asking about overtime pay has won his legal challenge to a decision finding that he was a casual employee and not entitled to protections against dismissal.
Crown Resorts must tell class action what board knew about money laundering
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A judge overseeing a shareholder class action against Crown Resorts has ordered the casino giant to give details of board members’ knowledge about two bank accounts which were allegedly used to launder hundreds of millions of dollars.
Corrs Chambers faces suit by client left to foot security after funder bowed out
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A solicitor and former client is suing Corrs Chambers Westgarth for “very significant damages”, alleging breaches of multiple duties by the law firm in the course of protracted litigation.
Woolworths employees shouldn’t be ‘cast adrift’ from class action, judge says
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Explaining his decision to reject a class action settlement that would have earned a law firm $1.75 million but provided nothing to 27,000 Woolworths employees, a judge has said the agreement created a conflict of interest between the solicitors and the workers they sought to set “adrift”.
Full Court tosses James Ashby’s appeal over $4.5M legal bill
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One Nation chief-of-staff James Ashby has failed to revive his lawsuit alleging the federal government breached the Fair Work Act by not paying his $4.5 million legal bill stemming from a dropped sexual harassment case against former House speaker Peter Slipper.