Woolworths has agreed to pay $1.75 million in Adero Law’s legal costs as part of a settlement of an underpayments class action which will see group members recoup any amounts they are owed in a separate proceeding brought by the Fair Work Ombudsman rather than the class action.
Forum Finance director Vincenzo Tesoriero wants to strike out Westpac’s claims against him and has told a court he too is a victim of alleged fraudster Bill Papas, having sunk up to $9 million in the company.
The High Court has rejected Volkswagen’s special leave application to challenge a record $125 million penalty for selling cars with a defeat device that allowed them to cheat on emissions tests.
The Australian Securities and Investments Commission has hit beleaguered mining firm Griffin Coal with criminal charges over its alleged failure to lodge annual financial reports for 2019 and 2020.
A judge has made the âregrettableâ call to postpone the trial in a case brought by workers challenging the Victorian governmentâs COVID-19 health directions until after they expire, blaming the workers for creating a series of âfruitlessâ delays.
Accounting firms Pitcher Partners and Ernst & Young have blamed the lawyers who advised on Slater & Gordonâs disastrous $1.2 Quindell acquisition for the its massive losses in 2016, saying they failed to point out the âcommercial misjudgmentâ of agreeing to the deal.
The Commonwealth Bank of Australia will have to hand over a preliminary tranche of documents relating to seven large-scale oil and gas projects it is financing in a lawsuit that will test whether the bank has complied with its stated commitments on climate change.
Logistics company GetSwift says it is considering an appeal of an 859-page judgment which lambasted the company and its directors’ “public relations-driven approach” to announcements on the Australian Stock Exchange.
The court has given the green light to an amended defamation defence by Clive Palmer which accuses Western Australia Premier Mark McGowan of “disgraceful and dishonourable conduct” and abusing his position by hastily and secretly enacting legislation that barred the billionaire mining magnate from suing the state for $30 billion.
The Australian Securities and Investments Commission has scored a victory in its long-running case against GetSwift, with the Federal Court finding the company and its directors breached the Corporations Act and ASIC Act through their “public relations-driven approach” to announcements on the Australian Stock Exchange.