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The Full Court has rejected trading platform Plus500's bid to stay a class action by investors who lost money on highly leveraged contracts for difference in light of an arbitration clause in its terms and conditions, upholding a finding that the clause was an unfair contract term.
Construction PRO
Property developer Villawood has argued that a company incorporated to manage a project in regional Victoria can't withdraw admissions over an alleged fraudulent scheme by a former director to divert management fees.
The High Court has declined to hear social media app Giggle for Girls' appeal seeking to reverse a finding that it committed direct discrimination on the basis of gender identity by excluding a transgender woman from its platform.
Privately-owned oil and gas exploration company Timor Resources has filed proceedings against its founder and the company's accountant, seeking access to deleted emails and Whatsapp messages.
A class action against Allergan over recalled breast implants is trying again to strike out the US drug company’s defence that there was no known causal link between its implants and a type of cancer at the time of supply.
Construction PRO
A "practice of prudence" required a judge to recuse himself from a $1 billion lawsuit over the Callide power station, CS Energy said Monday.
Construction PRO
Ingenia Communities has rejected a $1.9 billion unsolicited takeover offer from private equity firm Warburg Pincus, saying it undervalues the company.
A judge has dismissed a portion of an applicant's claims in FWO and class action cases against Coles and Woolworths, while final declarations against the supermarket giants remain to be made, almost one year after the companies were found liable for $780 million in back pay.
The former CEO of money laundering software company Kyckr is fighting Richard White’s bid for all his costs, after the judge said that she “abandoned” her previous statement of claim.
Construction PRO
Ingenia Communities has entered into an agreement to acquire land developer Peet, creating a real estate giant valued at $2.4 billion.