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In the tangled legal fallout of the $7 billion collapse of Greensill Capital, the administrator of the failed financier's bank has secured a so-called anti, anti-suit injunction against an arm of insurer Marsh.
The company behind an abandoned $185 million development in Gosford, NSW can't lift a stay on a $37 million judgment it won against the Australian unit of China's Shanxi Construction Group.
Westpac and two other lenders have won their cases alleging they were scammed out of $500 million in loans to the Forum group of companies.
ASIC has appealed a decision in its mostly successful case against the issuer of the Qoin crypto coin, challenging an "important" finding on authorised representatives of AFSL holders.
With its new business model of self-funding class actions, Maurice Blackburn can't get by with an undertaking to indemnify Macquarie for its costs if a case over flex commissions fails.
A ruling that clarified the materiality requirement in continuous disclosure cases could lead to more regulatory actions and activist shareholder claims, but won't boost shareholder class actions, experts say.
Court-appointed receivers of investment firm Keystone have won an extension to a freezing order against a Melbourne developer who is suspected of receiving $160 million in investor funds.
A class action against ANZ over alleged predatory lending practices has settled for $85 million, while two related cases against Westpac and Macquarie are set to go to trial this month.
A criminal case against a former financial adviser from Macquarie accused of trading in derivatives without a client's authority has been dismissed.
Big Four bank ANZ and superannuation trustee OnePath will pay $50 million to settle a class action brought on behalf of super members allegedly charged excessive fees.