Events

The funder that backed a shareholder class action against engineering firm CIMIC that settled for $45.25 million will take a cut to its 25 per cent commission, but wants the court to find the commission would otherwise have been reasonable. 

A group member in a class action against Johnson & Johnson unit DePuy has filed an appeal after he lost a challenge to his compensation determination, 12 years after the case settled.

Former directors of collapsed Sydney developer Dyldam have been targeted by a liquidator over claims allegedly worth at least $33 million.

Payday lender Sunshine Loans has lost an appeal after it was ruled liable for “wrongheaded” conduct, with an appeals court finding that counsel showed an “egregious failure” to confine the case to the real issues. 

Fortrend Securities has appealed a finding that it breached the Fair Work Act in withholding the bonuses of two financial advisors who jumped to rival Shaw & Partners.

Engineering firm Clough has filed a cross-claim against its former joint venture partner Elecnor in the EnergyConnect transmission project after the companies had a falling out over defaults.

News Corp has agreed to removed posts that allegedly defamed a senior member of the Hells Angels bikie gang by labelling him a "cocaine kingpin" and "fugitive from justice".

A judge has dismissed an application to restrain a Sydney solicitor from acting against his former friend in a dispute over a $3.25 million settlement deed in a dispute over their development business. 

A judge has found that three directors at ASX-listed investment firm Keybridge Capital were validly removed and replaced at a meeting last month. 

An appeals court has found Zip Co infringed the ‘Zip’ trade mark of mortgage provider Firstmac, making orders restraining the buy now, pay later giant from using the name.