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The failure of two class actions to prove loss linked to the Commonwealth Bank's disclosure breaches was not the fault of the bank, an appeals court has held in dealing the latest blow to shareholder group proceedings.
An appeals court has rejected Keybridge CEO Nick Bolton's challenge to a ruling that found that he and two other directors were validly removed at a board meeting, finding in favour of shareholder WAM Active.
A $59 million settlement has been reached in a long-running class action accusing five major banks of foreign exchange rate-rigging.
Construction PRO
Parkview Constructions is seeking to bring negligence claims against Bates Smart and McKenzie Group in a lawsuit over alleged combustible cladding at Australia Towers in Sydney Olympic Park.
Pianist Jayson Gillham’s claims against the Melbourne Symphony Orchestra will go to trial after a judge rejected its argument that his case should be dismissed because the protections of the state Equal Opportunity Act do not constitute workplace law.
A Melbourne law firm has been hit with a $48,840 penalty in a case by a junior lawyer who was required to work over 200 hours in three weeks, including several days and nights spent working around the clock in a hotel.
A BBC Studios Australia executive who alleged she was the victim of adverse action and discrimination after she exercised her workplace rights has dropped her suit against her employer.
ANZ has sued several insurers seeking coverage for two class action settlements totalling $117 million, plus defence costs, in cases stemming from the banking royal commission.
The corporate watchdog has imposed additional conditions on Macquarie Bank's financial services licence, citing multiple and significant compliance failures.
Shareholders are set to pocket 58 per cent of a $65 million settlement in a class action against Treasury Wine Estates if the deal is approved by a court at a hearing this month.