The applicants in a shareholder class action against Dreamworld owner Ardent Leisure over a 2016 tragedy in which four people died following a ride malfunction have lost their request for the company’s insurance documents, with a judge rejecting suggestions that the theme park operator lacks assets to pay the estimated $310 million in claims.
A judge has slammed the pleadings in a $1 billion class action against Facebook and Google over cryptocurrency ad bans as “vague and general” and refused to let the matter progress until a better case is brought.
The country’s underpayments scandal has claimed two more victims — international technology company IBM and Western Australian electricity provider Western Power, with the companies agreeing to back pay employees more than $20 million combined and saying “significant” additional back payments were still to come.
A former director of investment house Washington H. Soul Pattinson has won a damages payout of over $1.1 million after a court found that the ASX 100-listed company failed to pay her entitlements following termination of her employment without notice.
The High Court has rejected an appeal challenging a ruling that found a failed political candidate liable for defamatory responses made by readers of two Facebook posts he published that labelled a South Australian businessman greedy and selfish, but the court has left the door open to weigh in on the issue of secondary publication of social media comments.
A Victoria Supreme Court judge has given the greenlight to a $5.7 million settlement in a class action brought by those injured during a 2016 stampede at the Falls Music and Arts Festival.
Two casinos owned by Crown Resorts have been handed a Federal Court victory in their $100 million battle with the Australian Taxation Office, with a judge ruling that GST assessments made by the ATO were “excessive”.
The competition watchdog will not oppose Mylan NV’s proposed merger with Pfizer’s Upjohn Inc after the global pharmaceutical giants agreed to sell several off-patent brands to dispel competition concerns.
Human resource management company Harrier Group has been sued by its former managing director and CEO, who alleges she was bullied and overworked.
A national personal injury firm has been hit with a class action over its allegedly unreasonable legal fees.
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