Online trader Plus500 is seeking to stay a class action on behalf of investors who lost money trading in highly leveraged financial products, telling a court the applicant signed an agreement forcing the dispute into arbitration.
A judge has signed off on Macquarie Leasing’s settlement in one of three class actions against lenders over flexible commissions paid to car dealers.
JB Hi-Fi has lost its bid for a hearing on a separate question in a class action over allegedly worthless warranties, with a judge saying the novel question has not been considered by the High Court and could lead to appeals.
A director at property developer Villawood can’t shield instructions given to his Mills Oakley solicitor after a judge found he sought to use his lawyer to mislead the court.
Elanor Funds Management has recommended shareholders reject a $284 million unsolicited takeover bid by the Lederer Group, saying the price is “opportunistic” and materially undervalues the commercial property fund.
A court has rejected a bid by a Hazelwood power plant contractor to pursue an offsetting claim for an alleged breach of confidentiality in response to a $1.7 million demand from a subcontractor.
Former Wallabies player Bill Young has bought the Gem Hotel in Griffith for a reported purchase price of $50 million, in a deal which broker HTL Property said set a new record for pub sales. HTL Property announced on Wednesday that it brokered the deal between publican Jim Knox and former Wallabies player turned businessman…
A judge hearing a class action over the collapse of mining company Cudeco has questioned why, despite an in-principle settlement being reached with auditor KPMG, the parties have not sought to formally dismiss the claim.
A heritage bid to protect Murujuga’s rock art in Western Australia has languished with the environment minister for more than three years, a court has heard, leaving gas giant Woodside to continue to threaten the sacred spot.
A judge has found bathroom products giant Reece did not validly end a decade-long warehouse lease after its own actions caused a delay in obtaining an occupation certificate.