Two failed shareholder class actions against Commonwealth Bank have been returned to a judge to decide if ‘no transaction’ claims can still be pursued, a move CBA argues is a way to keep alive cases that are “truly dead”.
The corporate regulator has won the High Court’s leave to challenge a ruling for cryptocurrency firm Block Earner that it argues will allow future crypto products to evade the rules.
The Full Federal Court has tossed Latitude Finance and Harvey Norman’s appeal of a ruling that found the retailer’s ads touting ‘interest free’ payment methods were misleading.
Uber wants the High Court to weigh in on its dispute with the NSW State Revenue Office over five years of payroll tax, after an appeals court found payments made to drivers were taxable.
Atanaskovic Hartnell is appealing a decision barring the law firm from enforcing a costs judgment against a company of media mogul Bruce Gordon and quashing a garnishee order directed at Nine.
An appeals court has dismissed BlueScope Steel’s challenge to a decision finding it engaged in attempted price-fixing and was on the hook for a record $57.5 million penalty.
Industrial technology company Delta Building Automation has lost its fight over a finding that it attempted to rig a bid for construction work on the National Gallery of Australia and must pay a $1.5 million penalty.
Following the failure of two class actions to prove market-based loss from the Commonwealth Bank’s disclosure breaches, the bank is fighting the class actions’ bid to pursue individual ‘no transaction’ cases, saying they were “trying to keep something alive that is truly dead”.
The owners of a landmark building in the Sydney suburb of Manly have lost their challenge to a decision which found they owed the local council over $419,000 in car park licence fees and damages for installing a roller door.
Orthopaedic surgeon Dr Munjed Al Muderis has appealed his loss in a defamation case against Fairfax and its owner Nine, after a judge found media reports of unethical and profit-driven promotion of an experimental procedure were substantially true.