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Trial vacated in Monsanto class action over Roundup weed killer
An upcoming three-month trial in a class action against agrochemical giant Monsanto has been vacated after the applicant's key expert withdrew from the case.
Law firms earned $68M for defending lawsuits over collapse of Dick Smith
The law firms and barristers who defended former Dick Smith directors in sprawling litigation over the failure of the electronics retailer earned close to $68 million in fees, a court has heard.
Rio Tinto to cop penalty in ASIC case over failed $5.8B acquisition
Rio Tinto will face a penalty in proceedings brought by the Australian Securities and Investments Commission alleging the mining giant misled shareholders about the resources of a Mozambique mining company it acquired for $5.8 billion in 2011 and later offloaded for $70 million.
Unvaxxed nurses drop lawsuit against Monash Health
A group of nurses have dropped their lawsuit against Monash Health alleging the hospital provider threatened to take adverse action against them for failing to get vaccinated against COVID-19.
Judge has change of heart, will hold settlement hearing in Romeo’s class actions
A Federal Court judge has reconsidered her plan to dispense with a hearing to weigh a $1.55 million settlement of two class actions that allege supermarket chain Romeo's underpaid hundreds of workers at stores in NSW and South Australia.
ASIC drops investigation into Nuix’s IPO disclosures
The Australian Securities and Investments Commission has dropped its investigation into Nuix’s financial statements in the lead-up to its 2020 public float, but will continue to probe the troubled tech company's statements in the period since the initial public offering.
Settlement talks advance in bungled lease case against Macpherson Kelley
Macpherson Kelley will head to an eleventh-hour mediation in a negligence case over the execution of a 10-year service station lease agreement with Shell, after the court heard settlement talks were well progressed.
AMP hopeful of settlement in $35.5M poaching dispute
AMP has expressed optimism that it will be able to reach a settlement with DST Bluedoor in a $35.5 million lawsuit accusing it of poaching 11 DST employees after licensing the software company's online platform.
PE Capital ordered into liquidation after running unregistered investment schemes
A court has ordered the winding up of investment manager PE Capital Funds Management, whose responsible entity Endeavour Securities has connections to collapsed financial services company Linchpin Capital.
Forum Finance director can’t block receivers from selling waterfront homes
Forum Finance director Vince Tesoriero has lost a battle to stop receivers from selling luxury properties in which he and Bill Papas hold a stake pending the outcome of Westpac's fraud case against him.