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A judge has ordered a class action against Fitch to fork over $12.4 million in security, refusing to discount the sum for what the class action called the company's 'Rolls-Royce' defence.
A court has approved an application to drop a class action on behalf of former students at Fairbridge Farm School in NSW over alleged abuse, after the law firm running the case said it was "uneconomic".
A class action against CMC Markets has agreed to provide an additional $6.5 million in security, with the parties avoiding a contested hearing over the online trader's bid for $8.6 million.
A judge has made a group costs order that will give Maurice Blackburn one third of any recoveries in a class action against Entain, rejecting the firm's bid for a higher contingency fee rate than earmarked in its parallel Sportsbet class action.
Construction PRO
A Southern Cross Gold unit has attacked a community group’s failure to put on evidence of its members' financial status to support claims that it can't meet the company’s $230,000 security demand in a dispute over a Victorian tunneling project.
A judge won't force alternative banking provider Banking Circle Australia to continue providing services to fintech Bano, finding the platform faced a real risk of breaching anti-money laundering and counterterrorism financing laws if the relationship continued.
Twelve cases brought by Labor politician Eddie Obeid and his family against the tax office are back on track after they were stayed in 2017 pending the outcome of a criminal prosecution against Obeid and his son Moses.
Construction PRO
An appeals court has relaxed freezing orders against Sydney property developer Golden Rain, allowing it to sell property to repay its debts while it defends a $26 million defects claim by the owners corporation of the Sugarcube Apartments and Honeycomb Terraces developments.
Nuby has taken former distributor Playgro to court to enforce a US judgment, but a messy dispute has emerged over whether the baby products maker can pursue the company when its name is shared with another entity.
Construction PRO
An appeals court has granted a builder's appeal in a dispute over payments for work on the Seasons of Perth hotel, finding the strict one-day deadline for serving an adjudication review application under Western Australia's Security of Payment Act is a jurisdictional requirement.