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Nine to pay Euro Pacific Bank chief $550,000 in defamation settlement
Defamation 2023-11-21 3:13 pm By Sam Matthews

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.

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‘Very disappointing’: Judge bemoans delays in QSuper class action
Class Actions 2023-11-21 1:50 pm By Cindy Cameronne

A judge has reluctantly granted extensions in a class action over QSuper’s alleged failure to notify members of changes to its premiums, saying the delay in the two-year old case was “very disappointing”.

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BHP loses plea to High Court in case over Christmas Day work mandate
Employment 2023-11-21 11:42 pm By Christine Caulfield

The High Court has dashed a BHP unit’s bid to appeal a win for the CFMMEU in a case on behalf of coal miners rostered for shifts on Christmas Day and Boxing Day in central Queensland’s Daunia Mine in 2019.

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High Court steers clear of Spitfire creditors’ fight over R&D tax refunds
Restructuring & Insolvency 2023-11-21 11:01 pm By Christine Caulfield

The High Court has denied special leave to the Commonwealth on behalf of employees of collapsed fintech Spitfire in a battle over $2 million in research and development tax refunds.

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Settlement talks fail in MP’s case over Mark Latham’s ‘notorious’ tweet
Defamation 2023-11-21 1:37 pm By Cindy Cameronne

Independent Sydney member Alex Greenwich and politician Mark Latham have failed to resolve their defamation stoush out of court over a “notorious” homophobic tweet by the NSW One Nation leader.

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Law firm replaced in Hyundai, Kia class actions after merger ‘falls apart’
Class Actions 2023-11-20 4:53 pm By Cindy Cameronne

A law firm that brought class actions against Hyundai and Kia over alleged faulty anti-lock braking systems has been replaced ahead of a contest against Maurice Blackburn to run the cases. 

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End of the road for Arrium lenders’ case against directors
Financial Services 2023-11-20 11:21 pm By Cat Fredenburgh

The High Court has denied a bid for special leave by the Commonwealth Bank and other lenders to challenge a ruling that found two Arrium directors did not mislead them about loan drawdown notices ahead of the steel company’s $2.8 billion collapse. 

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Nuix failed to disclose disappointing results after $1.8B float, court told
Trials 2023-11-20 9:25 pm By Sam Matthews

Nuix had information in January 2021 which undermined the growth story presented to the market in the prospectus for its IPO, a court has heard on the first day of ASIC’s case against the tech company and a handful of former directors.

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High Court won’t weigh in on spat between Probuild, Allianz over development bonds
Construction 2023-11-20 11:52 pm By Christine Caulfield

Probuild Constructions has failed in its special leave application to the High Court, which sought to challenge a ruling that it held $7.7 million in trust for insurer Allianz under a deed of indemnity in connection with the development of West Side Place in Spencer St, Melbourne.

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Ten told Wilkinson legal costs over $375,000 ‘unlikely to be reasonable’, court hears
Defamation 2023-11-20 3:44 pm By Cindy Cameronne

Network Ten, which is resisting paying the legal bill for Lisa Wilkinson in defamation proceedings by accused rapist Bruce Lehrmann, has argued it is only on the hook for paying costs “reasonably incurred” by the presenter.

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