A class action brought by investors of failed advisory firm Linchpin has reached a settlement with insurer AIG — the last remaining defendant in the case.
Mercedes-Benz has taken aim at an amended group definition in a class action over alleged defeat devices designed to cheat emissions testing, with a judge agreeing that it contains “ambiguities and circularities”.
A judge has approved a $45.25 million settlement in a shareholder class action against engineering firm CIMIC over disclosures relating to its Middle East business.
Lendlease has lost a lawsuit seeking to enforce a $120 million purchase agreement for five properties in Campbelltown, with a judge finding its failure to meet the conditions of sale for one key property meant the deal was off.
Paint maker AkzoNobel must produce a document history log that includes embedded comments from its lawyers at Clayton Utz, in a dispute over alleged defective coating used on the $45 billion Ichthys natural gas project.
A developer has won an extension of a freeze on $25 million held in escrow in its dispute with a builder over payment claims for a Main Beach high-rise, after it filed an appeal.
A failed class action against Queensland utilities Stanwell and CS Energy can’t delay payment of what might be in excess of $30 million in defence costs while it pursues an appeal, but has dodged a penalty for running a case the companies said was hopeless.
A former Trademax trader who allegedly worked for a rival platform while employed by the firm has been ordered to court for questioning over claims he did not have access to crucial documents.
Medibank has been ordered to give a class action copies of reports by Deloitte into a massive data breach in October 2022, in a judgment made public on Friday and already facing appeal by the health insurer.
A judge has dismissed a class action alleging Homes Victoria decided to demolish public housing towers in Melbourne without consulting residents, saying the government agency’s power to redevelop land “is not conditioned on observing procedural fairness”.