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No evidence was produced of a deferred fee arrangement between the law firm and funder backing franchise class actions against 7-Eleven, and the "unequivocal" denial by the solicitor running the cases should be accepted, a court has heard.
Telecommunications giant SingTel is challenging a ruling in favour of the Australian Taxation Office's decision to reject over $894,000 in tax deductions related to its $14.2 billion acquisition of Optus.
A judge on Friday slugged Westpac with a $40 million penalty for charging advice fees to over 11,800 dead customers in the last of six cases brought by the corporate regulator, taking the total to be paid by the bank to $113 million.
A judge has expressed doubts over Colonial First State’s plan to pass on part of its duties to the ATO in distributing a $56.3 million settlement secured by customers in a Maurice Blackburn-led class action.
A judge has slapped Trivago with $44.7 million in penalties for a "startlingly misleading" rankings system used on its travel comparison website from which it reaped $53 million.
A Gold Coast cosmetic surgeon has won his defamation case against a competitor who posted a phony online review, with a judge ordering damages of more than $450,000.
Retirement home provider Aveo Group has opposed a proposed opt out notice that it says would "scare" elderly people by warning the funder that's backing a class action against it may seek an "unprecedented" order against certain unfunded group members.
A former Deloitte director accused of embezzling $3.1 million to fund lavish purchases, including an extensive art collection, has been referred to police and suspended by an association for Australian restructuring professionals.
General Motors Holden Australia has denied that it owes compensation to Holden dealers over its decision to retire the iconic brand in Australia, and says its dependence on other GM units to supply the cars constituted "an event beyond its reasonable control".
A law firm that recouped two-thirds of a personal injury payout in excess of the statutory cap through a “potentially misleading” costs agreement will pay back a former client $26,200 plus interest.