The builder of Sydney’s troubled Opal Tower has brought a claim for indemnity against insurer Liberty Mutual, which has already agreed to pay out $22.5 million, claiming it is owed a total of $12.5 million for its costs in defending a class action by residents.
Employment Minister Tony Burke says he will support the Fair Work Commission’s plan to appoint an independent administrator to the construction division of the CFMEU and flagged an AFP investigation into recent allegations the union has been infiltrated by criminal figures.
Telstra has been hit with a $1.5 million penalty from the communications regulator for failing to perform the requisite costumer ID authentication on over 150,000 “high-risk” interactions, such as SIM card swaps.
A class action has been filed against Fitch Ratings on behalf of investors represented by a lawyer who has taken on credit ratings agencies over risky financial products for over a decade.
Citing a wish to focus on tax, KPMG Australia will restructure its business and shut down its separate commercial law practice, making around 30 roles redundant.
A judge has rebuffed a developer’s bid to revive a $400 million lawsuit against an investor after it failed to comply with a guillotine order, saying it was not an adequate explanation that the firm of solicitors acting for it lacked the resources of the defendant’s Big Six outfit.
Aristocrat Leisure has hit back at a class action over its allegedly illegal ‘social casino’ apps, saying that playing is optional and that the lead applicant should have deleted the games.
Monash IVF is fighting a class action’s bid to file a fourth statement of claim in the three year-old case over the alleged destruction of potentially viable embryos, saying the proposed pleadings sparked by an expert report constituted a new case.
Major building insulation supplier CSR Bradford has been hit with a lawsuit by a leading home energy company seeking information on price increases as part of a potential lawsuit alleging misuse of market power.
UK talent management company TaP Management has filed an appeal after a judge dismissed its bid to permanently stay a case by Australian musical duo Angus & Julia Stone, who allege their former manager overcharged them by $2.8 million.