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A $26 million settlement has been reached in a class action against Ardent Leisure alleging it misled shareholders about safety measures that were in place ahead of the 2016 tragedy at its Dreamworld theme park in Queensland which claimed four lives.
The maker of Mother energy drinks has won an appeal of an IP Australia decision, succeeding in its bid to prevent a Victoria-based company from registering Kangaroo Mother as a trade mark for beverages.
Deloitte may seek confidentiality orders over the amount it agreed to pay to settle a shareholder class action over its audits of collapsed construction group Hastie.
A judge has panned as “thoroughly unsatisfactory” a draft notice informing group members in an underpayments class action against the federal government that only claims on behalf of postgraduate research students at the University of Sydney will continue.
An environment group that alleges former treasurer Josh Frydenberg rejected advice from the climate change office on a high-rise apartment development on protected wetlands near Brisbane has won access to correspondence about the project.
Pitcher Partners has lost its appeal of a decision that refused to stay a lawsuit over the accounting firm’s alleged involvement in race car driver Max Twigg’s misappropriation of $127 million from his family.
A referee will calculate individual damages for 290 former Royal Australian Navy sailors after failed attempts at a settlement in a class action against the Department of Defence, in which a judge ruled the government owed compensation.
The Commonwealth Bank of Australia has agreed to backpay thousands of branch staff $3 million to settle a lawsuit alleging it failed to provide employees with paid rest breaks for at least six years.
Developer CHP Group has accused real estate agency Maison Global of having a conflict of interest while selling apartments in Sydney Olympic Park’s latest high-rise the Boomerang building due to a separate arrangement with a different developer.
A class action against Virgin Australia has become a lawyers’ feast, with seven new firms entering the ring after a dozen insurers were joined to the action alleging the airline failed to disclose its true financial position in a $324 million capital raising prospectus.