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A law firm running a shareholder class action against building materials giant James Hardie Industries has argued for a 27.5 per cent group costs order, saying it was the “standard benchmark” for earnings guidance cases.
A judge has approved a settlement in a shareholder class action against livestock exporter Wellard that grants a 34 per cent cut for group members, saying that investors had agreed to the lawyers and funder receiving the “lion’s share”.
The Australian Securities and Investments Commission has won its first civil penalty proceeding in a greenwashing case, with a court finding against Vanguard Investments over its $1 billion “ethically conscious” hedge fund.
A former HWL Ebsworth capital partner alleging he was unlawfully expelled and excluded from a planned float on the ASX has argued HWLE's late managing partner, Juan Martinez, thought the firm could “hire and fire at will” without giving proper reasons.
In a loss for the Australian Taxation Office, an appeals court has found that the Liberty Group’s use of corporate and trust ‘silos’ was not an unlawful tax avoidance scheme.
The state of Victoria has won its bid to prevent lawyers for a class action over Victoria's COVID-19 hotel quarantine debacle from proofing lay witnesses, ahead of a criminal trial against the Department of Health, which is due to start in May.
Aussie Skips is fighting a court's ruling that imposed a $3.5 million penalty against the waste company and sentenced its boss to an 18-month intensive corrections order, in a criminal cartel case that also implicated Bingo Industries.
Hungry Jack’s is seeking five years of Big Mac sales data as it readies for a fight over damages stemming from its claim that its Big Jack burger has 25 per cent more beef than the McDonald's burger.
Author Peter FitzSimons is seeking costs from Bruce Lehrmann for complying with a subpoena in the former Liberal staffer's defamation case against Network Ten and FitzSimons' wife Lisa Wilkinson over the network's airing of allegations that Lehrmann raped ex-colleague Brittany Higgins.
Epic Games' case alleging Google ran its Play Store anti-competitively is "significantly more ambitious" than the Fortnite game maker's claims against Apple, according to the search giant, which says its restraints are "more flexible and less draconian" than the iPhone maker's.