The parents of Sydney fraudster Melissa Caddick will seek an inquiry into whether receivers of her property have acted faithfully in managing the assets.
Insurer Allianz has lost its bid to claw back millions in performance bonds provided to collapsed building company Probuild in relation to works at a $1 billion development in the Melbourne CBD.
A judge has approved a $52 million settlement is six class actions against car makers for allegedly selling cars fitted with deadly Takata airbags, under which individuals group members will get around $600 after $31.7 million in expenses is deducted.
A judge has declined to pass on a senior barristerās $18,000 cancellation fee as part of an adverse costs order for a vacated trial, noting that such fees are not standard or common practice.
A judge has allowed receivers to sell the Dover Heights mansion of Sydney fraudster Melissa Caddick without any distribution of proceeds, saying the sale āshould take place post-hasteā.
Sydney homeowners bringing a class action over homes they claim are sinking into the ground wonāt be able to recoup alleged losses from the engineering company that certified the lots for development.
The husband of Sydney fraudster Melissa Caddick will be vacating the coupleās harbour-view mansion as court-ordered receivers prepare to put it up for sale.Ā
The plaintiff in a class action against Volkswagen over allegedly deadly Takata airbags has told an appeals court his case was misunderstood by the trial judge, who found he failed to prove that cars fitted with the airbags were not of acceptable quality.
A former auditor of collapsed video company BigUn has had his company auditor registration suspended for a year following an application by the corporate regulator over a conflict of interest.Ā
Class action settlement totals skyrocketed to over $900 million last year, and one law firm negotiated the lion’s share, with $672 million in settlements under its belt.