The Federal Court has given the Victorian arm of Grocon Constructors more time to comply with a $13.9 million judgment in an ongoing lease dispute over a Brisbane office tower, after the construction company promised to file its appeal of the ruling “with diligence and expedition”.
The government has thrown its weight behind the Australian Competition and Consumer Commission’s call for checking the power of Facebook and Google, in a long-awaited final report that recommends a sweep of measures to crack down on the digital giants, and extend well beyond them.
A court has stayed a case against global lithium miner Galaxy Resources after finding that an insurance policy by the plaintiff’s funder and an associated undertaking and deed of indemnity were insufficient to cover security for costs.
A class action against the Federal Government’s Airservices has been dismissed after a “fatal” ruling that group members were not covered by enterprise agreements they argued had better terms than their own individually negotiated contracts.
A judge has ordered a leading doctorâs professional body to hand over its member list to the applicants in the Ethicon pelvic mesh class action, after the organisation tried to argue its physical member book didnât strictly fall within the terms of a court order.
AMP Financial Planning has attempted to qualify its admission to so-called insurance churn allegations by the corporate watchdog, suggesting it might not have admitted to âall contraventionsâ if it had known ASIC would push for up to 120 separate breaches and $36 million in penalties.
A judge has signed off on a confidential settlement resolving a class action brought by investors against Westpac over its role in an unregistered managed investment scheme run by now deceased financial advisor Tony Famularo.
Group members in the Fitch Ratings class action have recovered almost 95 per cent of their losses in a $27 million settlement, which was narrowly approved after a judge scolded the parties for a lack of clarity around the mediation and opt-out process.
The Australian Securities and Investments Commission is planning to sue ANZ over $35 million in allegedly illegal customer fees, which were also at the centre of two class actions settlements reached last year under which customers are expected to walk away with no more than $100 apiece.
The judge overseeing seven class actions against car makers over defective Takata airbags has shot down the applicants’ opposition to a soft class closure order in advance of mediation, saying the cases would not be a “mystery tour” from here on out.