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Dairy giant a2 Milk has agreed to cough up $62 million to settle a consolidated shareholder class action over a 2021 guidance.
Construction PRO
A judge has threatened to vacate the trial in Dexus’ case against Melbourne Airport operator APAC after all the defendants tried to file documents late, suggesting the lawyers may be hit with personal costs orders.
Construction PRO
Transport for New South Wales is mulling an appeal of a ruling that ordered it to pay an additional $28.6 million for land acquired to build the M12 motorway to the new Western Sydney Airport.
Construction PRO
A former director of collapsed Melbourne builder Shangri-La is being pursued by liquidators for $1.3 million in payments to related companies allegedly made in breach of his duties.
Construction PRO
Vietnamese airline VietJet has lost its bid to set aside a US$215 million judgment in favour of aircraft leasing company FW Aviation, in a dispute over a lease agreement for four Airbus A321 passenger jets.
The Fair Work Commission has criticised Uber for failing to explain the nature of a complaint against a driver, who touched his groin during a trip, before deactivating his account on the rideshare app.
Decisions made during a regulatory investigation can have significant consequences for the trajectory of any future class action, and a coordinated, holistic approach can narrow the scope of potential downstream exposure, say Corrs Chambers partners Chris Pagent and Abigail Gill and special counsel James Emmerig.
A judge has said he will not be able to decide all the suppression applications in the ACCC’s misuse of market power case against Mastercard ahead of trial, saying the court was facing an “unreasonable, if not oppressive” burden.
Kmart has been hit with a class action on behalf of thousands of salaried managers who allege they were systematically underpaid.
Pharmacor is resisting AstraZeneca’s notice to produce in an intellectual property fight over diabetes drug Forxiga, claiming privilege over material evidencing its consideration of a new claim challenging the validity of a patent extension.