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A Canberra property developer that misled investors about GST on its apartments does not have to pay compensation to the lead applicant in a class action against it, an appeal court has found.
Judge finds Montara oil spill ‘widespread’, in win for class action
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A judge overseeing a class action against the Australian arm of Thai state owned oil giant PTT has rejected attempts to limit the claimed damages from one of Australia’s largest oil spills, saying the disaster was “widespread” across Indonesian islands in the Timor Sea.
Piper Alderman’s demand for $119,000 in unpaid fees from Aurora Funds set aside
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Asset manager Aurora Funds has won its bid to toss a demand by law firm Piper Alderman for $119,335 in allegedly unpaid legal fees, with a judge finding the terms of a settlement deed between the parties may operate as a “penalty” for defaulting on payments.
Tax commissioner defamed accountant Vanda Gould but has valid defence
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Embattled Sydney accountant Vanda Gould has lost his defamation case against the Commissioner of Taxation, with a court finding Chris Jordan’s defamatory comments constituted a “robust”, but proportional, counter-attack to Gould’s public disparagement of the Australian Tax Office.
Cartel claims filed against roof tilers over Sydney University construction
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The Australian Competition and Consumer Commission has launched civil penalty proceedings against two Sydney roof tiling businesses and their sole directors, claiming they engaged in bid rigging for construction at the University of Sydney.
ASIC takes action against ex-Freedom Insurance boss over Vespa sales incentive
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The corporate regulator has brought proceedings against the former boss of defunct Freedom Insurance and another executive over an insurance sales program that incentivized sales agents with overseas holidays and a Vespa scooter.
Injunction extended in ACCC’s challenge to Virtus’ acquisition of Adora
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The Australian Competition and Consumer Commission has won an injunction to stop Virtus from completing the purchase of rival Adora Fertility until a court has ruled on the competition regulator’s challenge to the acquisition.
Ex-Rentokil employee denies fraudulent scheme led to $3.2M payment
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An ex-Rentokil supply manager has admitted that payments from the pest control company totalling $3.2 million were sent to his bank accounts but has denied this was part of a fraudulent invoicing scheme.
Embattled Sports Flick founder brings $12.7M case against former investors
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The founder of troubled sports streaming start-up Sports Flick has filed a $12.7 million lawsuit against former investors seeking to be reinstated as director and shareholder of the company.
Arrium class action plaintiffs can’t delay hearing on group costs order
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The Victorian Supreme Court will push ahead with a hearing for a group costs order in a class action by Arrium shareholders despite requests by the applicants that it be put off until after judgment is issued on the second-ever group costs order request.