CBA has attacked two failed class actions’ “misguided” appeal, arguing that requiring companies to disclose incomplete information to shareholders would distort the market.
The Full Court has heard that a judge’s finding on materiality in two failed shareholder class actions against CBA could have “troubling” repercussions for insider trading cases and must be overturned.
The NSW government’s bid for the names of 2,316 registered group members in a class action over strip searches at music festivals has been knocked back by the court.
A judge has called out the “combative correspondence” between solicitors at Corrs Chambers and another law firm in a construction defects suit.
Insurer Marsh has wasted no time in appealing a ruling that it breached an obligation not to use documents discovered in litigation over the $7 billion collapse of Greensill in separate proceedings.
Two failed class actions against CBA claim a judge used a “far too onerous test” for materiality in deciding whether the bank should have told the market about deficiencies in its anti-money laundering systems.
Evidence sought by Fletcher Building from a judge’s former law firm as part of the construction company’s recusal bid is inadmissible, a court has ruled.
A court has approved a settlement worth up to $202 million in a stolen wages class action against the government, but will hear further argument on the legal costs of the case.
US men’s magazine Maxim is seeking an injunction against its “out of control” Australian licensee, which it accuses of running modelling tours for an offshoot brand that are below its standards.
Seven Network has resolved a workplace lawsuit by former Spotlight reporter Amelia Saw, but the details of the settlement, like the case itself, are under wraps.