Court OKs $37M settlement in EML shareholder class action

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A judge has approved a $37.35 million settlement in a class action alleging fintech EML Payments failed to promptly disclose anti-money laundering and counter terrorism compliance concerns.

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Bupa says aged care claims ‘not appropriate’ for class action

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Bupa has hit back at a class action alleging it provided poor quality care to residents at its aged care facilities, saying it was “not appropriate” to run the case as a group proceeding. 

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Court signs off on Macquarie Park subdivision for data centre

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Developer Holdmark has won an appeal of a council’s refusal to allow a site at Macquarie Park in Sydney to be subdivided, paving the way for the development of a new Macquarie Technology data centre.

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Whistleblower claims KPMG misused confidential Lendlease info for audit tenders

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A former KPMG executive has accused the firm of misappropriating confidential Lendlease board papers to pursue audit tenders with Westpac and Dexus, while also engaging in adverse action against a whistleblower. 

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Judge ‘affronted’ by NT remote housing class action solicitor’s affidavit

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A judge has disregarded submissions made by a class action solicitor appearing to critique the court’s exercise of its procedural powers, “affronted” that the submissions seemed to suggest that she needed to be “educated”.

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Garrard Building wins approval for $53M development

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Developer Garrard Building has succeeded in appealing a regional council’s rejection of its plans for a $53 million development in Yamba in the NSW Northern Rivers region due to flood concerns. 

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