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J Hutchinson, CFMEU fined $1.35M for construction boycott
Builder J Hutchinson and the CFMEU have been fined a combined $1.35 million for entered into an anti-competitive agreement to boycott an independent subcontractor at a construction site in Brisbane.
Banksia receiver justified in rejecting lawyers’ $10.6M settlement, court says
The special purpose receiver acting for debenture holders of defunct Banksia Securities was right to reject a confidential settlement -- believed to be for $10.6 million -- offered by the disgraced lawyers behind a scandal-ridden class action, a court has found.
Cornerstone liquidators can sign funding pact for $46M case against PwC
A judge has granted the liquidators of Cornerstone Investment Australia leave to sign a funding agreement for the insolvent tertiary education provider’s $56 million professional negligence claim against accounting firm PricewaterhouseCoopers.
Sports presenter Erin Molan wins $150,000 defamation judgment against Daily Mail
Nine sports presenter Erin Molan has won a substantial payout from the Daily Mail over an article concerning an on-air remark she made about the pronunciation of National Rugby League Polynesian player names, despite failing to prove the story painted her as a racist.
MobiSuper, ZIB Financial fined $250,000 for ‘misleading’ superannuation marketing
A judge has fined superannuation fund promoter MobiSuper and licensee ZIB Financial $250,000 for misleading marketing calls.
On The Run underpayments class action settles for $5.8M
The entity that employs the workforce of the On The Run convenience store chain has agreed to pay $5.8 million to settle a class action accusing it of underpaying over 8,000 workers over a six-year period.
Dick Smith directors owe $11.8M in damages after receivers win appeal
An appeals court has found that two former executives of collapsed electronics retailer Dick Smith should pay the company’s receivers $11.8 million in damages for approving a dividend payment the company could not afford.
Body Fit sued for $3.3M over equipment supply agreement
Aussie group fitness chain Body Fit Training Company has been hit with a $3.2 million lawsuit for allegedly breaching an equipment supply agreement and diverting supplier Gym Imports' rights as part of the $64.2 million sale of its business to US-based Xponential Fitness last year.
Mawhinney slammed for taking lawyers’ reputation ‘hostage’ in ASIC appeal
The former legal representatives of James Mawhinney have hit back at allegations of incompetence by the embattled Mayfair 101 founder on the last day of his appeal against decisions that saw him banned from soliciting funds or promoting any financial product for 20 years.
‘Alarming consequences’ if each building warranty breach creates new claim, court says
A judge has ruled that separate breaches of statutory building warranties do not create individual causes of action, in a win for an owners corporation bringing claims against the builder of an allegedly defective Haymarket apartment building.