A newly appointed judge has disqualified himself from hearing a group of cases over Greensill’s $1.7 billion collapse, after he acted as counsel for insurer Marsh in a related dispute.
Payments processing company EML has won more time to respond to a new pleading in a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns with its anti-money laundering compliance.
An appeals court has found that an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, upending the ATO’s longstanding practice of treating UPEs as part of a trustee’s assessable income.
US drug maker Allergan may defend a class action over recalled textured breast implants by arguing its knowledge of the alleged defects was limited by the state of scientific knowledge at the time the products were made.
GM has foreshadowed a strike-out application in a class action over alleged faulty transmissions in Holden vehicles, but a judge has warned he won’t “take kindly” to pleading spats.
A bid by Banksia Securities’ special purpose receiver to thwart planned proceedings by a group of debenture holders against lawyers for the class action funder has failed.
A judge has declined an early bid for broad discovery in a shareholder class action against tech firm WiseTech, after hearing it would require the production of “truckloads” of irrelevant material.
Australia’s largest brick manufacturer Brickworks has dropped a central claim in its competition lawsuit against a rival founded by billionaire Len Buckeridge.
A class action on behalf of people who purchased off-the-plan homes in the Clydesdale Estate in north-west Sydney has won a dispute with the liquidator for the collapsed developer.
A judge has warned the lawyers for the owners of the City Mutual Building in Sydney’s CBD about failing to comply with court directions, saying their “inexcusable” delay in providing evidence could not be forgiven just because it was a compulsory acquisition matter.