Wealth manager Colonial First State Investments and insurer AIA have reached a $140 million settlement in a long-running class action alleging 700,000 superannuation members were charged inflated premiums on insurance products linked to former owner CBA.
The parties in a class action against agricultural giant GrainCorp over alleged noise and odour pollution from a factory in rural Victoria have failed to seal the deal on a settlement reached last month.
Law firm Gillis Delaney has defeated a bid for third-party costs by a warehouse management software company that was named in an intellectual property dispute, with a judge rejecting claims the firm was not authorised to act and acted unreasonably.
The tax commissioner has suffered a major loss in a dispute with Malaysian power company YTL Power over a $948 million capital gain from the sale of its stake in South Australia-based ElectraNet in 2022.
Meriton has won summary dismissal of a security concierge’s Fair Work claims, with a judge finding the case had no prospects of success.
Suspecting infringement of patents for its Parkinson’s drug, Xadago, biopharmaceutical company Newron has won preliminary discovery of documents from generic drug maker Arrotex Pharmaceuticals.
The managing director of the Australian arm of property developer Arada has lost his bid to bar a vote on his termination as he and the group’s CEO sling allegations of misconduct and dishonesty.
Owners of apartments in Sydney’s One Central Park have been ordered to pay Frasers’ costs in defending a suit that sought declarations in relation to defective planter boxes on the building’s façade.
Isuzu has lost an appeal bid to shut down a lawsuit by car alarm company Directed Electronics over alleged trade secrets theft, after an earlier case left it with a $169 million damages bill.
The corporate cop has won court approval to proceed with a consumer suit against debt manager Solve My Debt, despite the company falling into liquidation.