A judge has approved a $40 million settlement in a shareholder class action against collapsed engineering firm RCR Tomlinson, with almost half of the settlement to go towards a funder’s commission and legal fees.
A Norwegian company can’t dodge service of a $2.5 million lawsuit via its Australian solicitors, failing in its argument that exceptional circumstances are needed to avoid the more lengthy and costly process of serving it in its home country.
A restaurant famous for its Peking roast duck has lost a dispute with Sydney’s World Square Shopping Centre over unpaid rent, with a judge dismissing an argument that compliance with its lease during COVID-19 would have radically altered the eatery.