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Commonwealth Bank unit CommSec has agreed to pay a $20 million penalty for a series of “serious and unacceptable” failures that lead to excessive fee charges, a court has heard.
A law firm that ran two class actions over the St Patrick's Day bushfires has lost a bid to have group members foot the bill for $50,000 in adverse costs, with a judge saying there was "no basis" for the request.
The Northern Territory government has hit back at a class action over allegedly underresourced and discriminatory healthcare services in the Indigenous community of Wadeye, saying it cannot be sued over its funding decisions.
Another fight over privilege may be on the cards in a shareholder class action over the collapse of the Hastie Group, with Deloitte flagging its partners may claim privilege over certain parts of the accounting giant's evidence.
Tokio Marine subsidiary Bond & Credit Company and fired underwriter Greg Brereton have been pulled into lawsuits targeting Insurance Australia Group over trade credit policies covering $4.6 billion in loans issued by the now collapsed Greensill Capital.
Grain producer Viterra, which has been ordered to pay $293 million to Cargill Australia for making misleading representations during the sale of malt producer Joe White, rejected an offer to settle the lawsuit for $85 million, a court has heard.
Administrators for building giant ProBuild have won more time to examine its assets as they try to avoid the "nightmarish prospect" of costly delays to the company's projects.
Legal bills sent to investment firm Keybridge Capital for work related to litigation from 2019 are governed by legislation that doesn't require cost disclosures to sophisticated clients and can't be reviewed, a court has heard.
Cosmetics company MCoBeauty has reached a settlement with the maker of the popular 1000Hour Lash & Brow Dye kit in a case alleging “deliberate and flagrant” trade mark and copyright infringement.
The WA Supreme Court has thrown out challenges to Woodside Energy's proposals to expand its Scarborough LNG project, finding there were no errors in the state EPA's approval.