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Settlement reached in former real estate partner’s feud with Piper Alderman
Piper Alderman has settled a dispute with a former partner who claimed the law firm discriminated against her when she was ousted from the partnership.
Quintis class action settlement could get $11M boost after insurers come up short
A lengthy dispute over insurance in a settled class action against sandalwood producer Quintis has been resolved, with the Federal Court rejecting a challenge by two insurers to the rectification of policies that could provide a further $11.25 million in recoveries to group members.
Dreamworld operator denies ‘obvious’ ride risks in $310M class action defence
Ardent Leisure Group has hit back at a $310 million shareholder class action, denying that there were "obvious" risks in its Thunder River Rapids Ride ahead of a 2016 tragedy at the Dreamworld theme park which claimed four lives.
‘A case of investor regret’: Mayfair dodges misleading and deceptive conduct case
An investor who sank $1 million into a now suspended Mayfair Group scheme has lost his misleading and deceptive conduct case against the firm, with a judge finding his evidence was "plainly coloured" by the fact he had lost his life savings.
Freedom Foods, Deloitte hit with second class action over $590M writedown
Food and beverage manufacturer Freedom Foods and accounting giant Deloitte have been hit with a second class action by irate investors seeking compensation for "accounting errors" that led to a $590 million write-down in November last year.
Class actions can’t pursue insurance brokers to boost Quintis settlement, court hears
Two insurance brokers have dodged being dragged into class action proceedings against sandalwood producer Quintis to boost a settlement reached last year, as a fight over insurance owed to the company to cover the settlement continues.
On The Run won’t file ‘test case’ appeal of class closure judgment
The employing entity behind convenience store chain On the Run has said it will not appeal a judgment tossing a class closure bid prior to mediation, saying that it did not want to launch a "test case" in the Federal Court.
Judge rejects class closure bid ahead of mediation in On The Run class action
A judge has rejected a class closure order application by the lead applicants in a class action against convenience store chain On The Run ahead of mediation, finding that the court does not have power to make such an order at a "relatively early" stage in a class action.
Sparke Helmore off the hook as IOOF unit loses appeal of $76M judgment
IOOF subsidiary Australian Executor Trustees failed to drag law firm Sparke Helmore into a case after it was hit with a $76.6 million judgment over breaches of duty in the sale of a 42,000 hectare timber plantation by collapsed forestry giant Gunns Group.
Piper Alderman sues ex-partner who brought sex discrimination case
Law firm Piper Alderman has filed a lawsuit seeking payment of an alleged debt against a former senior partner who accused the firm of sex discrimination.