Events

A judge overseeing a security dispute in a shareholder class action against KPMG and former directors of Arrium has found that potential profits to the plaintiff law firm running the case under a group costs order is not relevant to determining the quantum of security for costs.

Convenience store giant 7-Eleven has lost its appeal of a $595,000 judgment handed down after a court found a franchisee signed a franchise agreement and invested almost $796,000 into a Melbourne store under false pretences.

The fees of a class action firm found to have breached cost disclosure rules in running two underpayments class actions against supermarket chain Romeo's have been adjusted up, after $260,000 was initially cut from the bill by the Federal Court.

A class action against Bayer over its Essure contraceptive has lost a bid to knock out the pharmaceutical giant’s defence that argues any defects in the device could not have been discovered given the state of scientific knowledge at the time the implants were sold in Australia.

The Finance Sector Union has launched a test case against National Australia Bank on behalf of four managers who were allegedly required to work "unreasonable" unpaid hours for years and has warned it will go after the other big banks next.

Former Nuix CEO Edward Sheehy is challenging his loss in a lawsuit claiming he's owed $183 million in options under a 2008 agreement with the technology company.

The High Court has revoked special leave to Facebook to challenge a case by the privacy commissioner, finding that the social media giant's grounds of appeal no longer involved issues of public importance.

A judge has approved a $12 million payment to the funder of two franchisee class actions against 7-Eleven, even as the funder plans to appeal a decision rejecting its bid for a common fund order for a $24.5 million commission.

The Full Federal Court has set aside a $150,000 defamation judgment for sports presenter Erin Molan and remitted the matter for a new trial, after finding a judge failed to properly consider publisher the Daily Mail's defence of contextual truth.

A judge has shaved $80,000 off the damages recently awarded to a Papua New Guinea politician who sued Fairfax Media over a series of articles published in the Australian Financial Review, after finding she wrongly discounted a mitigation defence by the publisher.