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The receiver appointed a decade ago to claw back money for investors in failed Banksia Securities might seek the protection of a court order releasing him from proposed new proceedings, which would also target lawyers alleged to have breached their overarching obligations.
A class action against online trading platform IG Markets over alleged risky contracts for difference has dropped its conflicted remuneration claims after the court heard it was struggling to find a sample group member.
A judge has approved a bid by two law firms to join forces in class actions against Harvey Norman, but has ordered that a costs monitor be appointed to protect against duplication.
A judge has dismissed a class action against ex-CBA unit Count Financial alleging that it breached it duty to act in clients’ best interests and ensure adviser remuneration was free of conflict.
A judge has upheld ASIC's privilege claim over a solicitor’s notes from an interview with a tech start-up boss involved in the ASX program to replace its CHESS system.
Construction PRO
Developer Thousand Hills Property has won an appeal in its fight with LBA Capital over a scuttled property deal for NDIS housing, with an appeals court accepting that LBA repudiated the deal in an email sent by its former director.
On the first day of a seven-week class action trial, a judge has heard that AMP Superannuation failed to renegotiate interest rates with AMP Bank for up to 12 years, despite investing as much as $2 billion in customers' superannuation with the bank.
Insurer Marsh has fired off a cross-claim against Swiss bank UBS in several cases brought over Greensill’s $1.7 billion collapse.
Defunct education provider Captain Cook College and its parent company have been penalised over $30 million for enrolling thousands of vulnerable students who accrued $60 million in debt.
X Corp has brought proceedings against the eSafety commissioner arguing it is not covered under a new online safety standard, which allows the regulator to issue fines without a notice.