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High Court rejects Worley’s plea to weigh in on disclosure test in shareholder class actions
In a boost to shareholder class actions, the High Court has dismissed an application by engineering services firm Worley to appeal a finding that companies should disclose to the market forecasts that ought reasonably to have been held.
High Court won’t hear appeal in spat with law firm over $24.5M Melbourne development
The High Court has declined special leave to a former Rigby Cooke client who unsuccessfully challenged the law firm's win in a dispute over a $24.5 million East Melbourne development.
High Court hears case that could upend insolvency law at critical moment
Insolvency practitioners are holding their breath as the High Court hears a case that could abolish a key rule used by liquidators in recouping payments to unsecured creditors at a time when the industry is bracing for a possible recession.
Ansell faces class action investigation over profit downgrade
Medical glove maker Ansell is facing a shareholder class action investigation over a January earnings downgrade that sent the company's share price plummeting.
Supreme Court of Victoria singled out in report on judicial harassment
The Supreme Court of Victoria has been called out in a report into sexually inappropriate behavior and bullying by judges as an "extremely hierarchical" workplace that has all the risk factors for harassment.
High Court won’t hear appeals in COVID-19 business interruption test cases
An appeals court's "radical" approach in the treatment of JobKeeper payments won't be scrutinised by the High Court, which on Friday declined to hear an appeal by IAG in the second set of COVID-19 business interruption test cases.
High Court dashes Kupang Resources’ bid to see ex-director’s tax docs
Mineral exploration company Kupang Resources has lost its battle for access to documents produced to the ATO by a former director accused of embezzling millions of dollars.
High Court ends BHP’s campaign to exclude foreign investors from class action
BHP Group has lost its High Court battle to keep foreign investors from an Australian shareholder class action over the devastating collapse of a Brazilian dam.
Ruby Princess COVID-19 outbreak ‘no accident’, class action trial hears
A COVID-19 outbreak aboard the Ruby Princess that left 28 people dead was “something that was very likely to happen” and the cruise should never have sailed, a court heard as a class action trial against Carnival PLC kicked off.
Ads for new judges could be in store as AG vows transparent system for appointments
The use of advertisements to find eager applicants to fill federal judicial vacancies has been foreshadowed by the Attorney-General as he promises to bring more transparency and integrity to the process for appointing judges.