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ASIC has spent $3.2 million so far pursuing billionaire mining magnate Clive Palmer in two criminal lawsuits alleging takeover contraventions and fraud.
News Corp denies articles suggested lawyer was too old and deaf to represent clients
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A News Corp subsidiary has hit back at a defamation lawsuit by a Sydney-based solicitor claiming two Daily Telegraph articles implied he was too old and deaf to represent clients, filing a defence denying that the imputations were conveyed.
Group members will get about half of $50M Vocation class action settlement
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Shareholders of collapsed vocational training company Vocation are poised to get about half of a $50 million settlement reached last month in a complex, long-running class action alleging the company failed to make adequate disclosures about its contracts with the Victorian Department of Education.
Fairfax settles defamation lawsuit by former Toll chair Roy Horsburgh
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Fairfax Media has issued an apology and settled a lawsuit by former Toll Group chairman Ray Horsburgh over an Australian Financial Review article that allegedly defamed him by claiming he made a racist remark at a board meeting.
Sportsbet settles trade mark stoush with rival bookmaker
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Rival bookmakers Sportsbet and Sportsbetting.com.au have reached a settlement in their trade mark and consumer law dispute, agreeing to drop their claims against each other for unspecified terms.
Qantas did not misuse Jobkeeper, appeals court finds
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The terms of the Fair Work Act do not guarantee employees of Qantas or potentially any workers in Australia the right to entitlements such as annual leave for work done while receiving JobKeeper payments, the Full Federal Court has ruled.
Maurice Blackburn did not breach obligations in TWE class action, Full Court finds
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The Full Federal Court has tossed an appeal by Treasury Wine Estates claiming that Maurice Blackburn and barrister Guy Donnellan breached their obligations in preparing the pleadings in a current shareholder class action against the global winemaker.
Law firm to expand Crown shareholder class action on back of gaming authority report
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Three days after launching a class action against Crown Resorts over potential anti-money laundering breaches revealed at a NSW gaming authority inquiry, Maurice Blackburn has said it will amend the pleadings in a separate shareholder class action against the casino giant using findings from the inquiry’s final report.
Raid bug spray maker SC Johnson mulls strikeout bid to swat Reckitt’s case over ads
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US-based consumer goods giant SC Johnson & Son has foreshadowed a bid to strike out a case filed by Reckitt Benckiser over its Raid Max insecticide ads after a Federal Court judge found Reckitt had a “weak” prima facie case.
Judge OKs IAG class action settlement, rejects funder’s bid to recoup insurance
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A judge has signalled his intention to sign off on a $138 million settlement in a class action against IAG and approve a common fund order that gives the litigation funder a $34.5 million commission, but an application by the funder for reimbursement of after-the-event insurance has been refused.