Wealth manager Colonial First State Investments and insurer AIA have reached a $140 million settlement in a long-running class action alleging 700,000 superannuation members were charged inflated premiums on insurance products linked to former owner CBA.
A judge has questioned the tiered structure of a group costs order sought by the law firm running a class action against Mineral Resources, but the firm argued Wednesday it would need the highest rate if a flat fee were ordered.
The High Court has dismissed a case by a law firm client who claimed he was entitled under the law of restitution to $1.4 million in interest on a $900,000 sum his lawyers repaid in a fight about legal fees.
ASIC is considering an appeal of a ruling that tossed its conflicted remuneration case against Freedom Insurance’s former boss and another executive over a sales incentive scheme.
Developer Villawood wants to add its director’s three daughters to its case over an alleged “dishonest and fraudulent design” to divert valuable management fees for a project in Wallan, Victoria to the director’s family company.
A woman has lost her lawsuit seeking to get out of an agreement to purchase an apartment ‘off the plan’ in a luxury development in Sydney’s harbourside suburb of Rushcutters Bay, after the wrong colour marble was installed in the kitchen.
Engineering firm Wood & Grieve has failed to convince a judge to compel CPB Contractors to provide it with further and better particulars in a dispute over work on Perth’s Elizabeth Quay redevelopment.
Several Apache Corporation units have failed to block Santos from withdrawing admissions in a long-running fight over $83 million in tax credits related to Apache’s $2.1 billion sale of certain assets, with a judge finding Apache’s prejudice arguments were “significantly overstated”.
A judge has refused to strike out claims of serious harm in a defamation case by a pro-Israel activist against the owner of Sydney restaurant Cairo Takeaway, finding the activist did not need to plead to his prior reputation.
Law firm Gillis Delaney has defeated a bid for third-party costs by a warehouse management software company that was named in an intellectual property dispute, with a judge rejecting claims the firm was not authorised to act and acted unreasonably.