The plaintiff in a flex commissions class action against ANZ has asked the court to approve a $85 million settlement, including a 24.5 per cent group costs order, citing the “considerable risk” involved in running the case.
A lawyer for the Australian Securities and Investments Commission has been grilled by a Federal Court judge for failing to file a defence in Clive Palmer’s case against the corporate watchdog.
An interim payment claim under Queensland’s SOP Act must include claims related to work carried out within the preceding six months, a judge has found.
Aviation company Corporate Air Charter is taking its fight over pilot pay up to the High Court, after twice losing its argument that stand-by duty should not be remunerated.
Ex-CFMEU Victorian branch boss John Setka has still not filed his defence in a case alleging he tried to get the former head of the construction industry watchdog sacked, and the Fair Work Ombudsman says it may seek summary judgment.
The failure of two class actions to prove loss linked to the Commonwealth Bank’s disclosure breaches was not the fault of the bank, an appeals court has held in dealing the latest blow to shareholder group proceedings.
A $59 million settlement has been reached in a long-running class action accusing five major banks of foreign exchange rate-rigging.
SMBC has lost a bid for documents connected to King & Wood Mallesons opinions in its suit against fintech Humm linked to the Forum Finance fraud, with a court saying the Japanese bank did not share joint privilege over the material.
An appeals court has rejected Keybridge CEO Nick Bolton’s challenge to a ruling that found that he and two other directors were validly removed at a board meeting, finding in favour of shareholder WAM Active.
A former synagogue president has won $120,000 in damages after suing The Age and two journalists over articles that accused him of unilaterally inviting a convicted spy to speak at an event.