An investor who successfully objected to an initial settlement of four class actions over the failed Willmott Forests managed investment scheme lost a bid to have his legal costs paid by the defendants, with a judge saying the objections were not the primary basis for his refusal to sign off on the agreement.
Westpac unit BankSA is in talks to resolve a class action alleging it failed to detect the fraud of convicted Ponzi schemer Michael Samra.
The government has won a victory following a lengthy trial in a class action brought on behalf of businesses alleging they were harmed when the Rudd Government cancelled a program that subsidised home insulation installations during the economic downturn.
Jetstar Airways has been ordered to pay a $1.95 million penalty after it admitted to making false and misleading representations about customers’ eligibility for refunds on cancelled flights.
Law firm Slater & Gordon is planning a national class action against the makers of kitchen stone benchtops on behalf of thousands of stonemasons who allegedly contracted silicosis when making the popular luxe kitchen surfaces.
La Trobe University has reached a settlement with the head of its law school, Dr Patrick Keyzer, to resolve legal action alleging it breached its workplace obligations when it suspended him over bullying complaints. The university dropped its disciplinary proceedings against Keyzer, with no adverse findings being made.
Elite competition groups Allens and Herbert Smith Freehills will represent Vodafone and TPG in their lawsuit filed Friday challenging the Australian Competition and Consumer Commission’s opposition to their proposed $15 billion tie-up.
The Australian Competition and Consumer Commission has come up short in its appeal of a ruling that found it had produced insufficient evidence of a laundry detergent cartel, in the first so-called hub and spoke case brought by the competition regulator.
Crown Resorts has appealed a ruling in a shareholder class action against it allowing 18 former employees, who were jailed as part of the Chinese government’s crackdown on gambling, to answer questions about its business in China.
The High Court will not review an appeals court’s decision to approve a $64 million settlement in litigation over the failure of Banksia Securities while rejecting the funder’s commission and legal fees.