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The liquidator of six companies linked to the nephew of former Nudie Juice founder Andrew Binetter has secured approval for a settlement in a case over the fallout of a massive tax evasion scheme.
Bellamy’s Organic has resolved a suit by its former CEO alleging the baby food producer discriminated against her by offering a salary that was one-third of what her male predecessor earned.
Construction PRO
The prospective developer of the Hyde Park Inn in Sydney has dropped its appeal of a decision which disallowed it from delaying a $95 million payment to the NSW Returned Service League.
Construction PRO
Dyldam Developments has won approval to settle a case by the liquidator of a special purpose vehicle over the proceeds of a Paramatta development that sold for $74 million -- bolstered by major shareholder Persephone’s "gritted teeth" backing.
In the third decision approving an unaltered group costs order at the resolution of a class action, a judge has OK'd an $85 million settlement by ANZ, representing a $21 million payday for Maurice Blackburn.
A judge has approved a $1.3 million settlement in a class action by investors in a Melbourne apartment development, despite reservations about the lion’s share going to the law firm that brought the case.
Maurice Blackburn's costs in running a 'junk' insurance class action which settled for $34 million will not be fully covered under a 25 per cent group costs order, a court has heard.
Entities linked to the late solicitor Mark Elliott are set to pay $10 million to settle claims by Banksia class action members, despite a related company owning $70 million on trust, a court has heard.
A judge has approved a $43 million settlement in a class action action alleging Noumi misled investors about its inventory, including a 22 per cent group costs order to be split between the two law firms that ran the case.
Payments processing company EML has agreed to pay $37.3 million to settle a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns with its anti-money laundering compliance.