ASIC has called for a $15 million penalty against GetSwift and 12-year bans against its directors, who moved the logistics company overseas as the regulator’s enforcement action was on foot, a move the court on Tuesday said was “unprecedented”.
Owners in Sydney’s Mascot Towers have struck a deal with the developer that built a neighbouring property, in a lawsuit seeking more than $15 million in damages over alleged structural cracks that made their apartments unlivable.
A judge has ordered that a competition class action against Queensland power companies Stanwell and CS Energy be made open to all energy consumers in the state, saying it was not a “plain vanilla” commercial class action.
Explosives manufacturer Orica is closer to taking Dyno Nobel to court for allegedly infringing three of its explosives patents, filing proceedings to get more information about its rival’s CyberDet wireless detonator device.
Insurer Select AFSL acted unconscionably when selling life, funeral and accidental injury insurance over the phone, a court has found in a case brought by the Australian Securities and Investments Commission.
The former CEO of fleet manager Orix Australia, who escaped charges of corruption three years ago, will have to take his claims for $1 million in unpaid leave to a hearing after losing a pre-trial bid for judgment.
A judge overseeing the settlement approval of an underpayments class action against telco contractor BSA has questioned whether litigation funders should receive commissions lower than the market rate for running employment class actions.
A former Norton Rose Fulbright digital marketing manager is trying to revive her allegations that the firm fired her after she complained of bullying and sex discrimination by her supervisor.
The funder and law firm running a shareholder class action against recycling company Sims Limited are seeking more than 57 per cent of a $29.5 million settlement for commission and costs, including an insurance policy to cover the risks of losing the case.
Sydney homeowners bringing a class action over homes they claim are sinking into the ground won’t be able to recoup alleged losses from the engineering company that certified the lots for development.