The Australian Securities and Investments Commission has dropped all but one claim against Rio Tinto in a four-year-long case over disclosures related to its troubled $5.8 billion acquisition of a Mozambique coal mining business and abandoned all claims against the mining giant’s former CEO and CFO.
A decision by Qantas to outsource its ground staff was not timed to head off industrial action by the Transport Workers’ Union, the Full Federal Court has heard as the airline seeks to overturn a finding that it engaged in adverse action when it terminated around 1,800 employees last year.
An appeals court grilled counsel for the ACCC on the first day of a hearing challenging the dismissal of its case over a NSW government deal to privatise two ports, calling on the lawyer to spell out how the state was alleged to be in competition with the consortium that took over the ports.
Lawyers leading a class action against the Commonwealth Bank over its alleged money laundering compliance failures are getting their ducks in a row in the event the Full Court rules the court has the power to shut out unregistered group members from a class action.
In a boost to securities class actions, the High Court has ruled that directors of collapsed companies can be subjected to public examination by shareholders wanting to bring civil proceedings.
Rio Tinto will face a penalty in proceedings brought by the Australian Securities and Investments Commission alleging the mining giant misled shareholders about the resources of a Mozambique mining company it acquired for $5.8 billion in 2011 and later offloaded for $70 million.
The Full Federal Court has held Facebook can be sued in Australia for allegedly disclosing the personal data of over 300,000 users to political research firm Cambridge Analytica.
Google has failed in its bid to stay a competition lawsuit brought by Epic Games, after failing to show that the Fortnite game maker would not be disadvantaged if the case were heard in California instead.
A court has made orders trimming the $990 hourly fee charged by a QC while representing Jo Dyer, a friend of the woman who accused Christian Porter of rape who succeeded in having silk Sue Chrysanthou removed from a defamation suit brought by the former attorney-general.
Christian Porter and silk Sue Chrysanthou have been ordered to pay $430,200 in legal costs to Jo Dyer, a friend of the woman who accused Porter of rape, after she succeeded in having the barrister removed from the former attorney-general’s defamation lawsuit against the ABC.