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Lawyers running a class action against Qantas over flight cancellations during COVID-19 will take home $15 million from a $105 million settlement, while the funder is set to receive another $25 million, a court has heard.
A former director of marketing companies linked to the failed Shield and First Guardian funds says ASIC's 14-month investigation has left him facing a travel ban and freezing orders but no substantive allegations.
Three years after filing, the class actions against Hyundai and Kia are trying to pinpoint the defect at the heart of the cases, with the car manufacturers complaining that the newest pleading, which seeks to expand the claims to include an additional 380,000 vehicles, is still missing key details.
Epic Games has told a judge that Apple is treating Australian competition laws with “arrogant disrespect” and urged him to order injunctions after he found the tech giant engaged in anti-competitive conduct in the app marketplace.
Mastercard considered threatening Coles with losing its discounted interchange fees to rival Woolworths if the supermarket chain re-routed customer debit and credit transactions away from the payments giant, a trial judge has heard in the ACCC's misuse of market power case.
Mastercard's APAC head was "perfectly comfortable" with the threat of removal of discounted interchange rates to cut a deal with Coles to route transactions through its payment network, a court has heard.
In a fiery hours-long exchange with a top defamation barrister, Rebel Wilson has denied being a liar and denied any involvement in the creation of 'take down' websites targeting 'The Deb' producer Amanda Ghost.
Apple and Epic Games are back in court for a high-stakes fight over the orders a judge should make following his finding that the company engaged in anti-competitive conduct in the app marketplace.
Construction PRO
A court has dismissed a challenge by ISPT to a $20 million tax assessment by the NSW State Revenue's Office over two acquisitions that increased its stake in Fort Street Real Estate Capital Fund.
A judge has imposed a $1.55 million penalty on car finance lender Money3 in ASIC's action alleging breaches of responsible lending obligations, criticising the regulator again for its "sprawling" case.