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AGL has rejected a $250 million bid to buy its Liddell power station and will go ahead with plans to close the coal-fired plant in four years, the power company told shareholders Monday.
A judge will allow a class action to go forward against fundraising company Appco Australia Group alleging it misclassified workers as independent contractors to avoid paying minimum wage, overtime, superannuation and other benefits.
AMP appeared in court Friday to defend the first of five class actions filed on behalf of shareholders in the wake of damaging Royal Commission hearings into its conduct over advice fees.
Blockbuster has struck out in its challenge to a ruling that it could not recover a cent from a husband and wife franchisee after the pair sold the store's assets without consent and admitted to breaching the franchise agreement.
Optus and Telstra squared off court on Friday over an allegedly misleading ad campaign for the second time in a week, this time over Telstra's 'Unlimited' ad campaign.
An IOOF shareholder mulling a class action against the financial services company over reports that it failed to inform ASIC about allegations of insider trading and front running by its employees has won court approval for preliminary discovery.
The Australian Securities and Investments Commission has won leave to appeal to the High Court a ruling that threw out its case against former directors of collapsed retirement village owner Prime Trust.
Viterra has failed in its third bid to access communications between Cargill Australia and its lawyers related to Cargill's $420 million purchase of malt producer Joe White Maltings from Viterra in 2013.
The union representing Dorevitch Pathology workers has settled a Fair Work case against the lab giant over a lockout notice the company sent to staff ahead of last year's planned strike over pay.
Not to be outdone by other class action firms vying to recruit AMP shareholders for a $2 billion class action, Slater & Gordon announced Friday it would offer investors "the most competitive funding package of all".