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Construction PRO
Judge refuses to bar children, non-Indigenous people from PFAS settlement
Anya Poukchanski 2023-09-08 11:26 pm By Cindy Cameronne

A judge has rejected a bid by in-fighting group members to bar children and non-Aboriginal residents in the Wreck Bay community from receiving a cut of an approved $22 million settlement over alleged PFAS contamination.

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Receivers reach agreement with Melissa Caddick’s husband
Baker McKenzie 2023-09-06 11:53 pm By Sam Matthews

The receivers of Melissa Caddick’s estate have reached an in-principle agreement with the Sydney frauster’s husband and son in relation to the division of a small number of remaining assets.

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Westpac reaches $750,000 settlement with Forum Finance director’s father
Catherine Hamilton-Jewell 2023-09-01 10:32 pm By Cat Fredenburgh

Westpac has settled its claims against the father of Forum Finance director Vince Tesoriero, who along with fellow director Bill Papas is accused of perpetrating a $400 million fraud against the bank to fund their lavish lifestyles.

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Construction PRO
Government to acknowledge climate change risk in class action settlement
Australian Government Solicitor 2023-08-30 10:34 pm By Cat Fredenburgh

The government has agreed to acknowledge that climate change is a systemic risk that could affect the value of its bonds in order to resolve a class action on behalf of sovereign bond investors over its climate disclosures.

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PFAS class action judge OKs $132.7M settlement, $33M CFO
Anya Poukchanski 2023-08-25 10:38 pm By Cindy Cameronne

A judge has blessed a $132.7 million settlement and a $33 million common fund order in a class action over toxic firefighting foam, saying he was “not vexed” by whether he had power to grant the funder’s payout despite the Full Court having reserved on the contentious issue. 

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$41.45M settlement approved in pelvic mesh class action
AJB Stevens 2023-08-24 3:42 pm By Cindy Cameronne

A judge has approved a $41.45 million settlement in a pelvic mesh class action against manufacturers Covidien and TFS but has put off deciding on the costs of the firm that ran the case, saying it is “next to useless” when law firms appoint their own costs consultants.

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Deloitte may ask court to keep lid on class action settlement
Accounting 2023-08-24 2:35 pm By Sam Matthews

Deloitte may seek confidentiality orders over the amount it agreed to pay to settle a shareholder class action over its audits of collapsed construction group Hastie.

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Ardent Leisure settles class action over Dreamworld tragedy for $26M
Class Actions 2023-08-24 11:55 am By Cat Fredenburgh

A $26 million settlement has been reached in a class action against Ardent Leisure alleging it misled shareholders about safety measures that were in place ahead of the 2016 tragedy at its Dreamworld theme park in Queensland which claimed four lives.

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Sacked top pilot settles case with Virgin over alleged CEO bullying
Employment 2023-08-22 11:33 pm By Cat Fredenburgh

Virgin Australia has settled a lawsuit brought by its former chief pilot alleging the airline sacked him for complaining of bullying and harassment by its CEO.

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AMP to pay $110M to settle shareholder class action
AMP 2023-08-21 11:30 am By Cindy Cameronne

A shareholder class action that was filed in the wake of the banking royal commission over AMP’s fees-for-no-service practices has settled for $110 million. 

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