The sacked boss of Orix Australia — who escaped charges of corruption three years ago — has settled a dispute with his former employer, including a claim by the fleet management company for $18 million in damages.
A judge hearing a contract dispute between Seven Network and Cricket Australia has knocked the sporting body’s defence, in which it argues that Seven’s pleadings are ‘vague and embarrassing’, expressing his “growing frustration” with the phrase.
A judge has declined to approve an amended opt-out notice featuring a video from a silk further explaining a “confusing” opt-out notice sent to group members in a class action against retirement home provider Aveo Group that has led to 400 opt-outs.
A judge overseeing a class action against a unit of Suncorp Group has given his blessing to a settlement that will see only $14 million of its headline $33 million figure go to super members, despite finding the modest return was “far short of the maximum potential recovery” in the case.
Tlou Energy has paid $53,280 for allegedly making false or misleading statements to the market about its sustainability practices, in the Australian Securities and Investments Commission’s first compliance action over so-called greenwashing.
A law firm running a class action alleging Toyota unit Hino cheated on emissions tests has teamed up with a top US firm running parallel proceedings against the car maker.
Two class action firms have refused to provide an undertaking that would fix the rate of their contingency fee in a consolidated shareholder class action against food company Noumi and auditor Deloitte over $590 million in accounting irregularities.
A judge has refused to recuse herself from hearing disciplinary proceedings brought against a barrister over complaints that she used “judicially inappropriate words” at an interlocutory hearing.
Commonwealth Bank units CommSec and Australian Investments Exchange have been ordered to pay more than $27 million for “serious and unacceptable” system failures that led to excessive fee charges for customers.
A prominent criminal lawyer has been charged with supplying millions of dollars in criminal proceeds as part of a $4.5 million money laundering scheme.