An investor class action against RCR Tomlinson has reached a walk-away settlement agreement with two former directors of the failed engineering company.
Group members in a class action against Fonterra are set to reap about $13 million from a $25 million settlement reached with the dairy company, following deductions including the costs of the litigation funder’s after-the-event insurance.
Seven Network has dropped its lawsuit accusing Cricket Australia of breaching their media rights agreement, after reportedly reaching a new five-year agreement with the sports league.
An appeals court has dismissed an appeal from two contractors who worked on Chevron’s Gorgon gas field project who allege they were underpaid over $130 million by the energy giant.
A Boeing Defence instructor who was sacked for refusing to get a COVID-19 vaccination has won an unfair dismissal case, with the Fair Work Commission finding it was “harsh and unreasonable” for Boeing to fire him while he was in the running for another role at the company.
Hancock Prospecting has lost a bid to shut down court cases brought by fellow mining giants Wright Prospecting and DFD Rhodes until the outcome of a family arbitration, after a judge found the company’s own forensic choices made the risk of inconsistent decisions inevitable.
Mining company Downer EDI has won its bid to review documents between Alinta Energy and a superintendent who allegedly acted improperly in a spat over a $208 million solar gas hybrid project in the Pilbara region.
Microsoft has won a pittance for copyright infringement but copped a “substantial costs order” in its six-year-old intellectual property suit against a Melbourne computer retailer over its Windows 7 software, which previously netted the Silicon Valley giant a $2.8 million payout from Judge Sandy Street that was slammed as a “regrettable” judicial failure.
In reasons for approving a $41 million deal to settle one of three shareholder class actions over Slater & Gordon’s acquisition of a UK firm and awarding the funder 28 per cent, a judge has challenged a persistent notion that the interests of litigation funders and group members are at odds.
A judge who previously acted for a United Petroleum Group company in a “highly acrimonious” case eight years ago has refused to recuse herself from adjudicating a new dispute involving a related company.