Metal mining company Fortescue hired private investigators to spy on former employees who created green iron start-up Element Zero, sifting through their mail, taking photos of their children and following them to Kmart, a court has heard.Ā
Group members in a class action against ANZ over credit card interest charges that settled for $57.5 million are expected to take home at least 60 per cent of the settlement sum after legal fees and a funder’s commission are deducted.
In a win for ASIC, the Federal Court has found that non-bank lender Firstmac Limited breached the design and distribution obligations, introduced in 2021, by marketing a managed investment scheme that could be unsuitable for customersā financial needs.Ā
A judge has declined to toss most of the claims brought against a crypto trading company by a former director, despite finding the directorās case āis not an easy oneā.
Food giant Goodman Fielder has won freezing orders against a former employee who the company suspects of a $10 million fraud and issued a slew of subpoenas to betting firms the employee holds accounts with.
An appeals court has rejected a challenge by a woman who said she was given negligent advice by her lawyers about two settlement offers which she rejected, finding that she would not have taken advice to accept the offers in any case.
A judge has ordered Seven West-owned publication The West Australian to pay a former public servant $180,000 in damages over an article about an allegation of fraud that had āa sensationalist overtoneā.
Lawyers are allowed to take a cut from a class action settlement or judgment under a so-called solicitorsā common fund order, the Full Federal Court has ruled, saying they are a permissive use of the courtās power.
The Federal Court is set to become a more attractive forum for class actions now that the Full Court has confirmed it has power to make orders granting solicitors a contingency fee from any settlement or judgment in a group proceeding.
A unit of petrol store chain EG Australia has sued Ashurst and LegalVision alleging they breached their implied duty of care through advice given to Woolworths about the assignment of a disputed Sydney petrol station lease.