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An appeals court has upheld a finding that an unsuccessful class action over the Carwoola bushfire was not entitled to recovery from the insurers of the plumbing company that sparked the blaze.
The lead applicant in an unsuccessful class action over the Carwoola bushfire has avoided indemnity costs sought by insurer CGU and has won a 40 per cent reduction in the amount of legal costs it will have to cover for the defendant.
Lex Greensill will need to pay tax on $58 million in capital gains, after losing a challenge to a tax assessment which included non-Australian gains from the sale of Greensill shares distributed to the founder of the collapsed collapsed UK-based supply-chain finance firm.
Melbourne-based fintech ISignthis and its directors are facing a possible shareholder class action over a December profit downgrade.
A Sydney-based law firm is planning to file a cross-claim seeking legal costs from five former clients it represented in an employment lawsuit against Westpac, who are accusing the firm of negligence in rejecting a $4.45 million settlement offer.
Australian luxury watch retailer Watches of Switzerland has lost a bid to strike out Transport for NSW's defences in a case seeking damages for the ongoing construction of the light rail project in Sydney's CBD.