A class action against Virgin Australia has become a lawyers’ feast, with seven new firms entering the ring after a dozen insurers were joined to the action alleging the airline failed to disclose its true financial position in a $324 million capital raising prospectus.
Former G8 Education chair Jennifer Hutson has lost an appeal of a decision that found she was not unlawfully examined by the corporate regulator over the childcare company’s $162 million hostile takeover bid for Affinity Education Group.
The son of former ATO deputy commissioner Michael Cranston has been jailed for a minimum 10 years for his leading role in a $105 million tax evasion scheme.
Fox News CEO Lachlan Murdoch has paid $1.3 million to Crikey publisher Private Media for costs incurred successfully defending his defamation suit.
Virgin Australia has settled a lawsuit brought by its former chief pilot alleging the airline sacked him for complaining of bullying and harassment by its CEO.
Dominique Grubisa has come up short in her bid to have the Australian Competition and Consumer Commission file formal pleadings in its case alleging she misled students enrolled in her real estate investing and wealth management courses.
A shareholder class action that was filed in the wake of the banking royal commission over AMP’s fees-for-no-service practices has settled for $110 million.
Qantas faces a class action on behalf of hundreds of thousands of customers who allegedly never received refunds after flights were cancelled during the COVID-19 pandemic.
A barrister can’t sidestep a clause in a costs agreement with a solicitor that limited when counsel fees are payable by breaching his disclosure obligations and nullifying the agreement, the High Court has been told.
A Star Entertainment joint venture has been hit with a lawsuit by the Queensland arm of Multiplex Constructions over alleged costs overruns in the construction for a multi-billion-dollar resort in Brisbane.