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AMA Group’s Andrew Hopkins steps down as CEO, drops court action
Andrew Hopkins has resigned from his position as group CEO of automotive repair firm AMA and has discontinued his lawsuit against the company despite a Federal Court injunction barring his dismissal amid allegations of fraud.
One Nation staffer suffers setback in fight over $4.5M legal bill
A judge has rejected a judicial review request by One Nation chief-of-staff James Ashby who sought to have the Commonwealth foot the bill for nearly $4.5 million in legal costs stemming from a dropped sexual harassment case against former House speaker Peter Slipper.
Concerns about courts wading into funding commission rates ‘exaggerated’, judge says
Concerns behind criticism that courts aren't equipped to assess a class action funder's commission are exaggerated, and the fixing by judges of reasonable remuneration, at least in other cases, is nothing new, a Federal Court judge has said.
ASIC secures court order to wind up Mayfair 101 unit
A judge has ordered the winding up of M101 Nominees, the issuer of $67 million in notes promoted by James Mawhinney's failed Mayfair 101, which is alleged to owe investors over $211 million.
Woolworths to pay $44.5M to settle shareholder class action
A $100 million shareholder class action against supermarket giant Woolworths has settled for $44.5 million, a few days before a 15-day trial was set to begin.
High Court set to deliver judgment in Westpac’s appeal of personal advice ruling
The High Court will hand down its ruling Wednesday in a high-stakes case between ASIC and Westpac that is expected to clarify the line between personal and general financial advice.
AMA Group to fight court injunction granted to ‘intolerable’ CEO accused of fraud
Automotive firm AMA Group will seek to discharge an injunction preventing it from dismissing a CEO who has been accused of defrauding the company of "hundreds of thousands of dollars" and damaging its reputation with major partners.
Judge slams year-long delay in $80M case against CFMEU over robo-terminal blockade
A judge has hit a Port Melbourne container terminal with costs for wasting time in a $80 million lawsuit against the CFMEU over picketing at the world's first fully automated container terminal, finding the company's explanations for the delay, including that COVID-19 had slowed it down, were "inconsistent" and "odd".
Quintis insurers may have to cough up extra $11.25M in class action settlement
A lawsuit seeking to increase D&O insurance for sandalwood producer Quintis in the wake of a class action settlement has fallen short of the $40 million in additional coverage sought, but a Federal Court decision may see a further $11.25 million go to group members.
Law firm, barrister face negligence trial over client’s loss in $24.5M property spat
A Melbourne law firm and barrister will soon face trial over allegations of breach of fiduciary duty brought by a former client who lost a lawsuit over a $24.5 million property joint venture.