The owners of land acquired to build the Mordialloc Freeway have lost a bid for $52.8 million in compensation, with an appeals court affirming that they are only entitled to $2.24 million because of prior compensation paid on the land.
The ACCC is again trying to fend off a strike-out bid by Facebook owner Meta in its case over cryptocurrency ads, arguing Meta has built a system in which the misleading ads can flourish and is not an “innocent bystander”. The regulator lodged the case in March 2022, alleging it breached the Australian Consumer Law…
Westpac’s mortgage subsidiary RAMS Financial Group faces penalty proceedings by the corporate regulator after admitting to “widespread” misconduct.
Parkview Constructions has reached a settlement in an owners corporation’s lawsuit over allegedly combustible cladding at the Australia Towers in Sydney Olympic Park.
A contractor who worked on the Westmead Children’s Hospital is seeking orders compelling Roberts Co to make a $3.2 million progress payment, arguing service past business hours on Friday was still Friday service.
The Therapeutic Goods Administration has launched legal action against Philips Electronics for allegedly supplying CPAP and BiPAP devices, used to assist individuals with sleep apnea, which it knew posed risks to users.
ASIC has expanded its case alleging HSBC failed to protect customers from scams, revealing a compliance manager at the bank had found that teams tasked with monitoring unauthorised transactions “had no understanding” of the liability provisions in the ePayments Code.
A judge has thrown out a notice to produce issued by an Australian company being targeted by UK genomic sequencing company Oxford Nanopore Technologies, calling its bid for board minutes and other documents a “fishing expedition”.
The judge overseeing two competing class actions against Google has issued a warning to law firms that agree to team up and work on a class action together, saying that in other markets such arrangements might be viewed as “something akin to a cartel”.
Mortgage broker Lendi Group and insurer ALI Group want to declass a junk insurance class action, telling a judge that even in a successful scenario, the more than 13,000 group members will be left to share only $2.5 million.