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Freight forwarding company Mondiale has dropped its court action against WiseTech Global alleging the logistics firm breached competition law by misusing its substantial market power.
Court tosses appeal of $1.96M judgment awarded to cryptocurrency trader
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An appeals court has thrown out a challenge to a judgment awarding a cryptocurrency trader $1.96 million in cash and a property purchased for $1.5 million over a deal with a convicted fraudster involving “millions of dollars of cash in bags and suitcases”.
‘No prospects of success’: Judge tosses COVID-19 class action over Victoria’s botched hotel quarantine
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Two landmark class actions seeking damages from the Victorian government for economic losses suffered during last year’s second wave of COVID-19 have been thrown out, but one of the cases will be given a second chance to proceed.
‘Don’t panic’: JPMorgan boss tried to allay bank exec’s fears over shortfall, court told
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JPMorgan Australia chairman Rob Priestley told Citigroup and Deutsche Bank executives not to “panic” about picking up a shortfall in the sale of ANZ shares, a court has heard in the ACCC’s criminal cartel case over a $2.5 billion ANZ share placement.
Judge makes first class action order giving law firm cut of proceeds
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Saying the funding arrangement would eliminate the possibility that legal costs ate up the majority of any return to group members, a judge overseeing a shareholder case against G8 Education has issued the first ever group costs order in a class action.
KPMG principal director was told to adjust to partner’s ‘aggressive, belittling’ conduct, suit says
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KPMG has been hit with a lawsuit by a principal director who claims he was told to “change and adjust” to “belittling and disproportionate attacks” by a partner on the debt advisory team.
High Court shuns Apple’s last shot at shipping Epic Games dispute to US
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Apple has reached the end of the line in its attempts to move a competition dispute with Fortnite game maker Epic Games to California, with the High Court denying the tech company’s special leave application to appeal a judgment that found there were “strong reasons” for keeping the matter in Australia.
Opal Tower engineer wins bid to probe scope of insurers indemnity of Icon
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The structural engineer behind Sydney’s ill-fated Opal Tower can examine whether builder Icon Co has been indemnified for $31 million worth of damage which occurred in the 36-storey apartment block on Christmas Eve of 2018, a court has found.
Cosmetics brand Mecca wins contract spat with Hourglass over COVID-19 closures
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Australian beauty and skincare retailer Mecca has triumphed in a lawsuit brought against US makeup brand Hourglass, which tried to terminate an exclusive distribution agreement because of the COVID-19 pandemic.
Coles taken to court by FWO over $115M in staff underpayments
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The Fair Work Ombudsman has taken supermarket giant Coles to court for allegedly underpaying more than 7,800 staff members $115 million over three years.