Mining magnate Clive Palmer and his company Mineralogy have lost a bid to amend one of two cases that claim losses totalling $4 billion against CITIC after a judge found the amended claims would be âunfairly generalâ.
A judge has approved a $29 million settlement in a class action against Westpac over ‘junk’ consumer credit insurance, a deal that earns the bank’s customers at least $19.6 million.Â
A judge has admonished a class action applicant over continuing delays in a four-year-old class action against NAB which he said âshould not be allowed to languish any longerâ.
A judge overseeing a $192.5 million settlement in an oil spill class action against PTTEP Australia on behalf of Indonesian seaweed farmers has balked at the âvery largeâ costs sought by Maurice Blackburn for administering the deal, expressing concerns that class action costs are âgetting out of controlâ.
A $47 million settlement in a class action against ANZ — one of three settlements in a series of class actions against the big banks over ‘junk’ consumer credit insurance — was fair and reasonable, a judge has said.
A shareholder class action against KPMG and the directors of defunct mining company CuDeco is seeking insurance information and a limited number of documents from the directors ahead of mediation, to avoid a “train wreck” of a case, a court has heard.
Mining magnate Clive Palmer and his company Mineralogy have lost a bid to block subpoenas asking their advisors to hand over information regarding the sale of Townvilleâs Yabulu nickel and cobalt refinery, as part of a $1.8 billion fight over the value of the site.  Â
Crown Resorts has reached agreement with AUSTRAC to pay a $450 million penalty for the casino operator’s serious breaches of the anti-money laundering and counter-terrorism financing laws.
A judge has urged the Fair Work Ombudsman to act quickly after it told the court it accidentally undervalued claimed underpayments in a case against the owner of Rebel Sport, the regulatorâs first case against a holding company for alleged wrongdoing by its subsidiaries.
A judge has allowed two of Gina Rinehartâs children to use documents produced in private arbitration for their defence in court proceedings over ownership of a valuable mining tenement.