A judge weighing a $29.5 million settlement in a class action against recycling company Sims Limited has questioned the courtās power to vary the funding agreement between the applicant and funder, which seeks to pass on its insurance costs to group members as well as recoup costs and earn a commission.
Vocational education provider Box Hill Institute has agreed to pay $33 million to settle a class action by students who allege the diploma they obtained through the institute did not give them the knowledge or training needed to obtain a commercial pilot’s licence.Ā
A judge has ordered Hillsong to file its defence to a lawsuit alleging extensive financial misconduct by the megachurch, including that it funnelled donations through US bank accounts to skirt Australian charity regulations.
Scenic Tours has been hit with a second class action over a series of European cruises that went ahead in 2018 despite a record-breaking drought that saw river levels drop so low they became impassable.
Mineral exploration company Kupang Resources has lost its battle for access to documents produced to the ATO by a former director accused of embezzling millions of dollars.
BHP Group has lost its High Court battle to keep foreign investors from an Australian shareholder class action over the devastating collapse of a Brazilian dam.
A COVID-19 outbreak aboard the Ruby Princess that left 28 people dead was āsomething that was very likely to happenā and the cruise should never have sailed, a court heard as a class action trial against Carnival PLC kicked off.
A class action over AMP’s fees for no service practice wants communications with law firm Clayton Utz that led up to a report that allegedly went through 25 rounds of edits with the wealth manager’s inhouse lawyers before being presented to the corporate regulator as independent.
Investors in Mayfair Groupās collapsed IPO Wealth Fund have clawed back only a fraction of their alleged $67 million losses after a judge approved a settlement in a class action alleging the fundās trustee misled unit holders.
A former special forces commander who has sued the Australian Broadcasting Corporation over stories that allegedly imply he committed war crimes in Afghanistan is seeking to throw out the broadcasterās truth defence, a court has heard.