Fintech software solutions company IOUPay has been granted relief from the court after issuing 20 million shares without lodging a cleansing notice with the Australian Securities Exchange.
A judge has put off next month’s trial in one of two class actions brought by local councils against insurance JLT Risk Solutions over allegedly excessive premiums, but said the adjournment application would likely have failed if either side had put up a fight.
An appeals court has thrown out an appeal by a Sydney man who sought greater damages for being incorrectly named in media reports as the driver in a fatal hit-and-run.
Six of the world’s largest car makers have agreed to settle class actions accusing them of selling cars with deadly Takata airbags.
In a major defeat that could affect the fate of six other cases lined up behind it, a judge has dismissed the lead plaintiff’s claims in a class action against Volkswagen over deadly Takata airbags.
A class action trial against Volkswagen over recalled Takata airbags has kicked off, with a lawyer for the car giant denying the airbags carried a safety risk and attacking as âquite absurdâ the sought-after damages of 30 percent of the initial price tag of affected cars.
A former CEO of a global pharmaceutical company has lost his appeal of a ruling throwing out a lawsuit he brought against his former employer after he was terminated in the wake of accusations that he harassed staff and using a syringe to stab multiple employees.
Qantas has secured a temporary injunction from a Singapore court blocking a former company executive from starting a new position at competitor Virgin Australia.
An appeals court has upheld a ruling that Qantasâ dispute with former executive Nick Rohrlach over his defection to competitor Virgin Australia should be heard in Singapore because it falls under an exclusive jurisdiction clause in his employment agreement. Â
Property developer Grocon has “reluctantly” put its construction business into administration, blaming the NSW government’s handling of the Central Barangaroo development project which has sparked a $270 million lawsuit in the NSW Supreme Court.