Sailors seek ‘very high figure’ in Navy training class action

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The federal government has argued it should not have to pay the “very high figure” former Royal Australian Navy sailors are seeking in compensation for a breached training contract that allegedly saw them denied a higher rate of pay.

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Viterra hit with $124M in interest on top of $168.9M in damages owed to Cargill

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Grain producer Viterra has been ordered to pay Cargill Australia $124 million in pre-judgment interest on top of the $168.9 million it was ordered to pay after a judge found it misrepresented the performance capabilities of Joe White during the $420 million sale of the malt producer.

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Government rejects duty of care owed in latest climate change class action

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The Morrison government has rejected class action claims that it owes a duty of care to Torres Strait Islanders to protect them against the negative effects of climate change, claiming the alleged duty cannot apply to high level government policy.

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ATO wins urgent orders freezing $220M from State Grid sale of AusNet shares

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The ATO has secured freezing orders on $220 million in capital gains tax arising from the $19 billion private equity sale by China’s State Grid of its substantial shareholding in energy infrastructure giant AusNet.

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ACCC weighs changing the law to rein in tech giants

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The Australian Competition and Consumer Commission is considering whether new laws are needed to rein in Google, Apple and Facebook, including rules to curb self-preferencing conduct and strengthen the merger review framework.

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Landmark class closure judgments ‘plainly wrong,’ appeals court told

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Judgments shooting down a class closure order and nixing notice of a possible class closure order were “plainly wrong” and “infected” by faulty reasoning, the Full Federal Court has heard.

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Ford class action parties battle over potential appeal blowout

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An appeal in a class action over Ford’s alleged defective Powershift transmission could blow out by a week, with the applicant filing a cross appeal in a case that comes down to three provisions of the Australian Consumer law given little or no attention by the Full Court.

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‘Wolf trader’ can wait until ASIC shows its cards, judge says

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The self-declared “wolf trader” of the Gold Coast, Tyson Scholz, will not have to provide a concise statement in response to the Australian Securities and Investments Commission’s case accusing him of providing unlicensed financial services, a judge has ruled.

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