Group members will walk away with nothing under a settlement in a seven-year old class action against the Commonwealth Bank of Australia on behalf of borrowers who claimed they were forced to default on their commercial loans.
Seven West Media chair Kerry Stokes has agreed to pay the costs of Ben Roberts-Smith’s failed defamation case, sparing the billionaire from producing thousands of emails exchanged with Roberts-Smith’s solicitors about the case. The Stokes-owned Australian Capital Equity has acquiesced to a third-party costs order sought by Nine-owned Fairfax, according to a Federal Court order…
The ABC and a News Corp unit agreed to pay $445,000 to settle defamation claims by Bruce Lehrmann over allegations that he raped fellow Liberal staffer Brittany Higgins in Parliament House.
The applicant in a nine-year-old class action over the government’s 2011 live exports ban has urged the Commonwealth to pay up to $900 million to settle the case, after earlier settlement efforts flopped.
A judge has signed off on a $26 million settlement in a shareholder class action against Ardent Leisure over the 2016 Dreamworld tragedy, including $7.8 million for the funder that backed the case and $5 million in legal costs.
A protracted class action against the Commonwealth Bank of Australia brought by borrowers who claimed they were forced to default on their commercial loans has finally settled, a court has heard.
AMP has agreed to pay $100 million to settle a class action by financial advisers over its buyer of last resort policy, after suffering a loss at trial.
Former Liberal staffer Bruce Lehrmann has settled his defamation case against the Australian Broadcasting Corporation over coverage of the alleged rape of Brittany Higgins on the first day of trial, with proceedings to continue against Network Ten and journalist Lisa Wilkinson.
A judge has given the green light to a $11 million settlement in a class action against retirement village provider Aveo, but reserved his decision about whether a contested amount of over $1 million should go to group members or the law firm that brought the case.
Nine has agreed to pay Euro Pacific CEO Peter Schiff $550,000 to settle a defamation suit brought over a 60 Minutes report on an international tax evasion investigation, avoiding a contested hearing on the damages bill in the case.