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Settlement reached in shareholder class action against Vocation, auditor PWC
A shareholder class action against Vocation that has spanned five years and spawned multiple cross claims against the failed training company's auditor, law firm and individual directors, has reached an in-principle settlement.
Founder of law firm Atanaskovic Hartnell could be a ‘model of civility’, ex-partner tells court
Lawyer John Atanaskovic, the founded of Sydney firm Atanaskovic Hartnell, could come across as "rude" but he was other times a "model of civility and subordinance", former equity partner Tony Hartnell has told a court during trial in a case by a former general manager alleging bullying and breach of contract.
Insurance suit in Quintis class actions ‘makes no sense’, court hears
Insurers of sandalwood producer Quintis have told a court that a rectification suit brought by the applicants in two class actions seeking to increase D&O coverage by $40 million, "makes no sense".
Running class action trial from kitchen table ‘preposterous’, court hears
Describing as "preposterous" the prospect of running a six-week trial in a class action against Crown Resorts from her kitchen table with three children at home, the Melbourne-based barrister for the lead applicant is again urging the Federal Court to declare the case a priority matter.
Oscar Wylee fined $3.5M for its ‘betrayal’ of consumers
Eyewear retailer Oscar Wylee has been fined $3.5 million for its misleading 'Buy a pair, Give a pair' promotion, with a judge calling the representations "brazen" and "plainly deceitful".
Judge sinks discovery hopes in NSW Ports competition case
A maritime development company has had its discovery hopes dashed in its stayed competition lawsuit against NSW Ports, with a judge finding that the company would not suffer any injustice in waiting until the stay is lifted after a similar case brought by the competition regulator is heard.
‘Sad and tragic’: Court winds up Mayfair’s IPO Wealth Fund
A  judge has ordered 17 companies connected to Mayfair's "failed" IPO Wealth Fund to be wound up after finding the fund's director put investor money at risk through "highly speculative" investments to make a windfall for himself.
Judge dismisses Macquarie bid for ‘irrelevant’ tax docs in underpayments suit
Three former Macquarie Bank financial advisors who claim the bank underpaid them have successfully appealed a decision ordering them to hand over personal tax assessments, with an appeals court finding that the most the bank could make of the documents was to “inflict a degree of embarrassment” on its ex-employees.
Commonwealth Bank settles with ex-GM who blew whistle on bonuses
Commonwealth Bank of Australia has resolved a lawsuit brought by a former general manager alleging he lost his job for blowing the whistle on a system allegedly used by staff to inflate their bonuses.
Law firm partner went all caps in email blasting ‘menstrual based cycle’ billing, court told
A former general manager suing law firm Atanaskovic Hartnell has amended her pleadings as trial in her case resumes Friday, expanding her claims and including details of an email in which the firm's managing partner allegedly slammed her practice of billing clients on a "menstrual based cycle".