A shareholder and creditor of failed energy company Armour Group will have to front $3.5 million in security in its case against law firm Baker McKenzie and others ahead of an upcoming trial.
A creditor of defunct forestry giant Gunns Plantations has filed a High Court challenge after it didn’t pay the company a $1.2 million judgment that confirmed the peak indebtedness rule does not apply in insolvency law.
A class action against Allianz over alleged junk add-on insurance has settled for $170 million, with two law firms set to take 25 per cent of the payout under a group costs order.Â
Jetstar has hit back at a class action over COVID-19 flights cancellations, denying that it used âunfair tacticsâ to avoid providing the refunds customers say they were owed.
Shareholders in collapsed financial services firm Babcock & Brown have lost their bid to stay costs orders after losing a ten-year-old dispute.
Real estate company Flemington Properties has won $5 million from Ausgrid in a commercial rent dispute, with a judge finding the state corporation was effectively asking the court to rewrite the partiesâ agreement.
Two law firms that were set to run competing class actions against Coles and Woolworths over alleged illusory discounts have reached an in-principle agreement to collaborate.
The High Court has declined a request by Shinetec for it to weigh in a dispute over an abandoned $185 million development in Gosford, NSW.
Maddocks has recruited a competition law specialist from Johnson Winter Slattery as a new partner in its corporate and commerical practice.
A court has approved a $19.25 million settlement renegotiated by Adero Law in proceedings against hospitality giant Merivale, but has cut more than $400,000 from the firmâs share.