ANZ has lost its appeal of a landmark decision finding it breached continuous disclosure rules by failing to disclose a $750 million bailout by underwriters during a $2.5 billion capital raising.
Hospitality giant Merivale has reached a revised settlement in an employment class action, five months after the lead applicant’s unusual move to renege on an earlier deal.
Captain Cook College and its COO will attempt to reach an agreement on penalty with the ACCC after the High Court knocked back their appeal of a systemic unconscionable conduct finding.
Seven is facing another workplace lawsuit by a former journalist, with former Spotlight reporter Amelia Saw accusing the TV network of general protections breaches under the Fair Work Act.
Mastercard is fighting an evidentiary win for the competition watchdog in a case alleging the payments giant misused its market power in deals with major retailers.
Axed Seven Network reporter Robert Ovadia has dropped a lawsuit against his former boss, just days after the court heard that 13 women came forward with complaints following his dismissal.
Hyundai and Kia have been ordered to produce further documents to allow a class action to investigate the nature and extent of alleged engine defects, with a judge rejecting the car makers’ bid to produce only a sample set of documents.
Seven Network has told a court 13 women have come forward with complaints about television reporter Robert Ovadia since his dismissal in June.
HFW has snagged two partners specialising in litigation and restructuring and insolvency from Johnson Winter Slattery, including the firm’s litigation practice group head.
The liquidator of failed global financial services firm Babcock & Brown is seeking to permanently stay a shareholder suit it says is an abuse of process, nearly five years after three other cases against the liquidator were thrown out.