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Judge OKs ‘very disappointing’ AMP class action settlement, cuts fees
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.
ALDI settles underpayments class action for $55M
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.
Fintech Bano to be kicked off Banking Circle platform over AML/CTF risks
A judge won't force alternative banking provider Banking Circle Australia to continue providing services to fintech Bano, finding the platform faced a real risk of breaching anti-money laundering and counterterrorism financing laws if the relationship continued.
‘Trap’ calls in IP disputes should not be made by lawyers, judge says
So-called trap calls to suspected intellectual property violators should not be made by solicitors, a judge has said, referring to two phone calls by a lawyer acting for a Queensland pool company in a trade mark dispute.
After nine years on ice, Obeids press on with cases against ATO
Twelve cases brought by Labor politician Eddie Obeid and his family against the tax office are back on track after they were stayed in 2017 pending the outcome of a criminal prosecution against Obeid and his son Moses.
Construction PRO
Devcorp liquidators get more time for claims over $130M projects
Liquidators appointed by the court to five companies behind $130 million worth of construction projects in Brisbane have won more time to bring potential claims while they investigate several matters, including an allegedly “very odd” tax situation.
Construction PRO
Developer of Sydney’s Honeycomb Terraces freed to sell lots to pay debts
An appeals court has relaxed freezing orders against Sydney property developer Golden Rain, allowing it to sell property to repay its debts while it defends a $26 million defects claim by the owners corporation of the Sugarcube Apartments and Honeycomb Terraces developments.
iSignthis loses $690K fight with early investors over performance shares
A judge has ruled that two early investors in iSignthis are entitled to $689,662 in compensation after finding that the fintech breached an agreement entitling them to performance shares in the company. 
Sippy cup maker Nuby drags Aussie distributor to court
Nuby has taken former distributor Playgro to court to enforce a US judgment, but a messy dispute has emerged over whether the baby products maker can pursue the company when its name is shared with another entity.