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Telstra’s case stayed against family of employee accused of $3M theft
Telecommunications 2024-08-26 11:11 pm By Andy Sidler

Telstra’s case against two family members of a former employee accused of stealing millions of dollars in phones and other electronics has been paused pending the outcome of criminal proceedings, with a court finding the telco’s pursuit of proceeds of the alleged crime would prejudice the pair’s right to silence.

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Kingfisher Mobile pares claims in $45M lawsuit against Telstra
Telecommunications 2024-08-16 11:45 pm By Cindy Cameronne

Contractor Kingfisher Mobile has dropped a claim against Telstra in a $45 million lawsuit alleging the telco breached a November 2022 contract when it engaged a new provider to take over.Ā 

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Cloud banking provider Temenos can access legal advice in credit union’s case
Competition & Consumer Protection 2024-07-31 10:21 pm By Andy Sidler

Swiss fintech Temenos has partially won its bid to view legal advice received by the Northern Inland Credit Union in a lawsuit alleging the cloud banking provider made misleading representations during negotiations for the installation of a new core banking system.

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Westpac wins case over alleged $15M fraud by stall at Sydney’s Flemington Market
Financial Services 2024-06-27 5:34 pm By Sam Matthews

Westpac has won its case against the owner of a fruit stand in Sydney’s Flemington Markets over a fraudulent scheme perpetrated using a $15 million invoice discounting facility provided by the bank.

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7 years after judgment, NZ apartment class action group members havenā€™t been paid, court told
Class Actions 2024-05-03 3:42 pm By Cindy Cameronne

The lead plaintiff in a four-year-old class action against Zurich Insurance over a defective New Zealand apartment block has said the case ā€œhas to get movingā€, telling the court that property owners have not received payment since a $50 million judgment was awarded overseas in 2017.

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Westconnex class action paused as funder feuds with lead plaintiff
Class Actions 2024-04-19 12:51 pm By Cindy Cameronne

A class action against Transport for NSW over the alleged fraudulent acquisition of land to construct the $16 billion Westconnex tunnel in Sydney has been put on ice until the funder and the lead plaintiff can resolve a potential dispute.Ā 

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Icon forced into arbitration with ANSTO over $27M waste facility at Lucas Heights
Arbitration 2024-04-19 11:22 pm By Christine Caulfield

A judge has shut down a case by Icon against Australia’s nuclear agency over the $27 million construction of a waste treatment plant at Lucas Heights, saying the dispute should be determined by an arbitrator despite the parties waiving pre-arbitration steps.

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Maggie Beer faces court challenge over earnout on $40M acquisition
Corporate 2024-04-12 11:35 pm By Cindy Cameronne

ASX-listed gourmet food company Maggie Beer has been dragged to court by the founders of Hampers & Gifts Australia over a $10 million earnout that was part of a $40 million agreement to acquire the e-commerce company in 2021.Ā 

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Sydney developer Thirdi hits back at class action over alleged shoddy construction
Construction 2024-04-10 1:53 pm By Sam Matthews

Property developer Thirdi has rejected the claims of a class action brought by the owners of lots in an allegedly shoddy townhouse development in Sydney, and has filed a cross-claim seeking an indemnity from its builder.

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Judge approves settlement in CBA class action that leaves nothing for group members
Class Actions 2023-12-15 4:00 pm By Christine Caulfield

A judge has signed off on a class action settlement under which the Commonwealth Bank of Australia will pay a sum towards the applicant’s costs but group members will recover nothing.

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