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ASIC has raised the prospect of criminal charges linked to the Shield Master Fund, after bringing civil penalty proceedings alleging up to $530 million in retirement savings was used for unauthorised purposes.
A judge has made a group costs order that will give Maurice Blackburn one third of any recoveries in a class action against Entain, rejecting the firm's bid for a higher contingency fee rate than earmarked in its parallel Sportsbet class action.
A class action against CMC Markets has agreed to provide an additional $6.5 million in security, with the parties avoiding a contested hearing over the online trader's bid for $8.6 million.
A class acton against Fletcher Building’s Iplex over thousands of allegedly burst pipes in homes around Australia is gearing up for a mammoth 12-week trial, with a separate claim by BGC, which installed the pipes, to proceed by way of a test case.
A judge has questioned the level of detail in a 1,700-page proposed amended pleading in a shareholder class action over the collapse of fund manager Blue Sky, expressing "frustration" at the amount of unnecessary work that goes on in class actions.
Star’s former boss and chief legal officer have argued that a judge erred in finding they breached their directors’ duties by allegedly failing to inform the board of unacceptable money laundering risks in its Sydney casino.
Richard White and his anti-money laundering software company Kyckr have hit back at an unfair dismissal case by the company's former chief technology officer, claiming she was terminated for “longstanding performance issues”.
A class action on behalf of 32,000 ALDI workers who were allegedly denied pay for pre- and post-shift work has settled for $55 million, with the retail workers union set to receive $1.5 million towards its costs.
A judge has approved a $120 million settlement in a class action against AMP that followed the banking royal commission, saying while it was a “very disappointing outcome” for group members it was still fair and reasonable.
Construction PRO
Publican Julian Gerner has “significantly” amended his claims in a dispute over the redevelopment of the Continental Hotel Sorrento, a court has heard.