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A judge has fined Queensland mining equipment company Qteq $5 million and chair Simon Ashton a record $1 million for attempting to engage in cartel conduct.
A judge has declined a funder’s bid for a $43 million payout in a class action accusing Colonial First State of charging excessive premiums, saying it was entitled to a 27.5 per cent commission but not $4.5 million for after-the-event insurance.
A class action against Allergan over recalled breast implants has asked a court to slash parts of the US pharma company’s defence, saying they are "incoherent".
A judge has criticised lawyers acting in underpayments cases against Coles and Woolworths for overly lengthy submissions and a lack of cooperation, saying the dispute has gone “off the rails”.
Construction PRO
A court has found that a minister's decision to sell a section of Crown land to a buyer intending to carve it into 15 lots was made in breach of planning laws.
Construction PRO
After a win in their spat over the sale of Brazil's Santa Rita nickel mine, two Australian companies who held all shares in the mine's owner, Atlantic Nickel, may seek costs against Omni Bridgeway and Balance REV, the litigation funders of the loser in the case.
The applicant in a class action against The Reject Shop told an appeals court Tuesday the case was always a representative proceeding despite a pleading mistake that left it empty of group members.
The judgment in ASIC's case against Star's top executives and directors sounds a warning that board members need to proactively test information and serves as a "stark reminder" to general counsel that their duties are owed to the company, not management, experts tell Lawyerly.
Construction PRO
The owners of land acquired by Transport for New South Wales to build the M12 motorway to the new Western Sydney Airport must be compensated an additional $28.6 million to align with the value of their property after it was rezoned, a court has found.
Among top-tier firms, Gilbert + Tobin and Ashurst have reported the smallest gaps in the pay of male and female employees, while Corrs Chambers Westgarth and Herbert Smith Freehills Kramers have reported the largest pay disparities.