A judge has set a final deadline for the CEO of International Capital Markets to file his defence in a class action over risky contracts for difference.
The firm that represented the funder of the notorious Banksia class action faces potential proceedings by a group of debenture holders. Meanwhile, Banksia’s receiver wants a court direction that he is justified in not pursuing the lawyers.
Boral has won a legal challenge to its former CEO facing cross-examination in a shareholder class action trial over an email referring to a confidential EY report.
CIMIC has agreed to pay $45.25 million to settle a shareholder class action alleging it failed to properly inform the market about its investment in a Middle East company.
An appeals court has rejected Chinese radio manufacturer Hytera’s challenge to a finding it misappropriated the source code of US mobile phone giant Motorola.
A judge has given the green light to a $31.5 million settlement in a class action brought by junior doctors accusing the ACT government and North Canberra Hospital of failing to pay overtime.
A law firm facing a representative proceeding for allegedly giving negligent advice to 700 survivors of institutional child sexual abuse is seeking to strip the case of class action status.
A court has ruled in favour of the creators of Little Bellies fruit puffs, finding that Aldi’s Mamia Baby Puffs were a “flagrant” breach of their copyright.
Funder LLS has urged the court to approve its 20 per cent cut of a $202 million settlement in a stolen wages class action, saying that reducing the “bottom end” rate could deter investments in public interest class actions.
Qantas has reached an agreement to pay $120 million in compensation to 1,800 ground crew staff who were found to have been illegally sacked.