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A judge has approved a $550 million settlement in a class action over the Morrison government’s Robodebt scheme but has halved a funder’s payout to $35 million, despite arguments that it was unprecedented to award a single digit percentage commission.
A judge has sounded the alarm bell about regulators launching appeals to re-litigate enforcement proceedings, in a recent decision tossing the corporate cop's appeal in a case against insurer HCF Life.
Construction PRO
An appeals court has shot down a challenge to a valuation for the country’s largest solar farm and said the Land Valuation Act should be amended to clarify the definition of an ‘urban purpose.’
Construction PRO
An appeals court has upheld a finding that grain exporter Co-operative Bulk Handling responded too late to a $22.6 million payment claim from Martinus Rail, agreeing that the clock started ticking on a Saturday.
Construction PRO
A builder has lost its bid to amend a negligence claim in a dispute over a warehouse refurbishment contract in Sydney’s Homebush.
A judge has approved a $35 million penalty against HSBC in ASIC’s novel case over the bank's scam protection failures, despite questioning whether the punishment was severe enough given how long the case took to settle.
US-based advisory firm White Oak, which has sued insurer IAL over the collapse of Greensill Capital, has been ordered to hand over WhatsApp messages between its former CEO and billionaire Sanjeev Gupta.
A judge has ordered the former CEO and chief legal officer of Star to pay a combined $1.1 million in penalties for failing to act on "obvious" money laundering risks, but said the fines would have been higher had ASIC not struck a "generous" settlement with other directors.
The High Court has slashed by 75 per cent the exemplary damages won by former youth detainees in Darwin who were unlawfully sprayed with tear gas, despite finding the conduct was "reprehensible".
Honda has succeed in challenging a $13.6 million damages award to a former dealer whose contract was broken when the car maker transitioned away from a dealer model.