A class action targeting Westpac subsidiary BT Funds Management and Tal Life Insurance is set to be discontinued less than a year after it was filed.
CBA-backed climate venture capital firm Wollemi says that Tesla CEO Robyn Denholm did not use āWollemiā and āWollemi Capitalā as trade marks āat any point in timeā, as it seeks to defeat Denholmās appeal of a decision which rejected her family officeās opposition to registration of the marks.
A judge has criticised the pleadings in class actions against ANZ, Macquarie and Westpac over flexible commission schemes for car dealers, saying they were “inappropriate and unhelpful” in referring to documents in the banking royal commission.Ā
A former EY partner and ousted board member at National Tiles has been ordered to pay indemnity costs after he lost a $1 million share dispute with the flooring company, with a judge finding he “unreasonably failed” to accept a settlement offer.Ā
A ruling this week that kept intact a contingency fee rate of 27.5 per cent sought by Slater & Gordon to run a shareholder class action against G8 Education might encourage law firms to seek higher percentage payouts at the outset of group proceedings in Victoria.
The law firm running class actions against ANZ and Westpac has been pulled up for claiming confidentiality over a solicitor’s affidavits on the costs incurred by the applicants since the court approved settlements in the cases.
Transurban has reached a confidential settlement in a case by an employee alleging sexual harassment, the second employment suit the toll road operator has resolved this month by a female worker.
An underpayments class action against Sydney Trains has flagged an application to exclude unregistered group members from any settlement, as the High Court steps in to resolve an appellate court split on the power to make class closure orders.
A judge has ruled that Acciona must deliver $38.6 million in bank guarantees to the entity in charge of a $511 million waste-to-energy plant in Western Australia, despite allegations of insolvency levelled by the Spanish infrastructure giant.
Buoyed by the recent trial success of CBA and other companies facing shareholder ire, building materials giant Boral is taking its chances at a hearing in a class action alleging disclosure breaches linked to its US windows business.