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Sydney-based online broker International Capital Markets is facing a class action by inexperienced investors who allegedly lost $500 million in trading risky contracts for difference.
Thomson Geer has raided the property team of competitor M+K, luring a team of six, including two partners.
Former Liberal staffer Bruce Lehrmann has walked back evidence in his defamation trial that he did not buy Brittany Higgins any alcoholic drinks on the night he allegedly raped her, saying he “must have been confused”.
A protracted class action against the Commonwealth Bank of Australia brought by borrowers who claimed they were forced to default on their commercial loans has finally settled, a court has heard.
The Fair Work Commission has awarded compensation to an intellectual property lawyer who was unfairly dismissed for browsing personal websites during a period in which he said he was too busy to attend to a client’s patent application.
A judge has ruled that a settlement offer made in a case can be adduced into evidence in a construction company’s suit against its former lawyers, finding that the offer was not covered by without penalty privilege.
A judge has signed off on almost $7.5 million in fees billed by the law firm behind the pelvic mesh class action against Boston Scientific, eight months after he approved the device maker's $105 million settlement.
Clive Palmer has lost his bid to overturn a council decision to reject his plan for a residential development at a Gold Coast flood plain, with a judge noting that would-be residents would be subject to the “adverse odours” of a nearby sewerage treatment plant.
AMP has agreed to pay $100 million to settle a class action by financial advisers over its buyer of last resort policy, after suffering a loss at trial.
Accused rapist Bruce Lehrmann has admitted during cross-examination in his defamation trial against Network Ten that he gave false evidence in an interview with the Australian Federal Police, which he relied on during a criminal trial last year.