A judge has ordered ANZ pay $250 million in penalties in four cases by the corporate regulator, $10 million more than the bank had agreed to pay, after saying one of the fines proposed for overstating bond trading volumes was “on the light side”.
A judge has expressed concerns about a funder’s novel application for its costs in a partially settled shareholder class action over the collapse of mining company Cudeco, saying everyone was getting a payday except group members.
Orders proposed by Apple after a judge’s finding that the digital giant and rival Google engaged in anti-competitive conduct would “rob the court’s findings of their detail, their efficacy and their bite”, Epic Games has said.
Plus500 has lost its bid to permanently stay a class action by investors who lost money trading in highly leveraged financial products, with a court finding that the arbitration clause relied on by the online trader was unfair and void.
The liquidators of a defunct developer FSM have lost their bid to access unredacted copies of emails between Ray White Capital and King & Wood Mallesons.
A judge has rejected a bid by the director and general manager of an aluminium windows and doors company to set off a $2.6 million loss from a Spring Square project against a $2.8 million liability.
A court has signed off on a $6.8 million settlement in a class action against a Queensland trucking company on behalf of owners of cargo on a freight train derailed by a truck at a level crossing.
An appeals court has quashed the conviction of the former CEO of Bruck Textile Technologies, finding it was not open to the court to convict him despite his guilty plea.
A medical assessment served under the Wrongs Act by a patient of Dr Daniel Lanzer needed to come to the attention of the surgeon himself, not just his solicitors, despite the lawyers being authorised to receive other documents in the case, an appeals court has found.
The lead plaintiffs in a class action over the compulsory acquisition of land for the WestConnex road project will press on with a bid to discontinue the case, telling a judge they have exhausted all options for funding.