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Payments processing company EML has been hit with a class action over its alleged failure to notify shareholders of concerns by Ireland’s central bank relating to compliance with anti-money laundering regulations.
Judge signs off on $9.4M payday for Maurice Blackburn in NT class action
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A judge has signed off on a $35 million settlement in a class action against the Northern Territory government over alleged human rights abuses against youth detainees, including $9.4 million in fees for Maurice Blackburn.
Victorian aged care facilities can’t declass claims in COVID-19 class actions
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Victorian aged care homes accused of “major failures” during the first wave of the COVID-19 pandemic have lost their bid to declass claims of neglect brought in two class actions on behalf of residents and their grieving families.
NSW judges give up pay rise, citing ‘devastating’ effects of COVID-19
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Judges of the NSW Supreme Court passed up their annual pay rise in 2020 as the court and the public made dramatic changes to adapt to the COVID-19 pandemic.
Apple hits back at patent infringement suit over Touch ID tech
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Apple has fired back in a lawsuit alleging its iPhone and iPad devices equipped with Touch ID and Face ID technology infringe patents held by an Australian non-practicing entity, hitting the company with its own case claiming the patents are invalid.
ACCC clears Woodside’s $41B takeover of BHP unit
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The Australian Competition and Consumer Commission has will not oppose Woodside Petroleum’s $41 billion acquisition of BHP Petroleum International, saying the oil and gas giant would have no incentive to reduce domestic gas supply.
ACMA slaps Telstra with $2.5M fine over privacy breaches
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The Australian Communications and Media Authority has hit Telstra with a record $2.53 million penalty for listing individuals phone numbers in public directories against their wishes.
‘Troubled’ judge won’t sign off on Woolworths class action settlement
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Saying it will only benefit the law firm and lead applicants, a judge has refused to approve a settlement in an underpayments class action against supermarket giant Woolworths, which would see no payout to employees.
CBRE can’t dodge Trilogy Funds case over $34.8M valuation
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Commercial real estate giant CBRE Group has lost its bid to toss proceedings brought by fund manager Trilogy claiming the company negligently valued a Queensland marina at $34.8 million in 2006 and caused millions in losses.
NAB, HSBC should pay for Dick Smith receivers’ court loss, judge hears
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National Australia Bank and HSBC should be “jointly and severally liable” to pay a portion of the costs of a failed case brought by Dick Smith’s receivers against the company’s former directors because the banks stood to gain financially if the lawsuit was successful, the NSW Supreme Court has heard.