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Online trader Plus500 is seeking to stay a class action on behalf of investors who lost money trading in highly leveraged financial products, telling a court the applicant signed an agreement forcing the dispute into arbitration.
JB Hi-Fi has lost its bid for a hearing on a separate question in a class action over allegedly worthless warranties, with a judge saying the novel question has not been considered by the High Court and could lead to appeals.
Construction PRO
A director at property developer Villawood can't shield instructions given to his Mills Oakley solicitor after a judge found he sought to use his lawyer to mislead the court.
Construction PRO
Elanor Funds Management has recommended shareholders reject a $284 million unsolicited takeover bid by the Lederer Group, saying the price is “opportunistic” and materially undervalues the commercial property fund.
A judge hearing a class action over the collapse of mining company Cudeco has questioned why, despite an in-principle settlement being reached with auditor KPMG, the parties have not sought to formally dismiss the claim.
A judge has hit Qantas with a $90 million penalty for unlawfully outsourcing its ground crew staff during the COVID-19 pandemic, saying the airline was “the wrong kind of sorry”.
A judge has rejected claims that MinterEllison acted improperly towards a potential witness in a sexual harassment suit against the WA Department of Justice, saying the firm is entitled to make unsolicited contact with potential witnesses.
Construction PRO
Real estate asset manager Dexus wants information that the Asia Pacific Airport Corporation gave to several consultants in a court battle over allegations it breached a shareholder deed in selling a stake in the airport operator.
Construction PRO
Builder Richard Crookes has won its costs after mediation was aborted in a case by the owners corporation for a building in Sydney’s Erskineville over aluminium composite panel cladding installed nine years ago.
Mastercard says legal professional privilege remained over a document after a junior lawyer "inadvertently" sent it to the ACCC in 2020 while the credit card giant was trying to dissuade the regulator from continuing an investigation into alleged anti-competitive conduct.