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Commercial Disputes AU
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August 05, 2026
Brambles Loses Bid To Pause Costs Order In Class Action
Brambles will have to pay an estimated $12 million in costs after a Federal Court judge dismissed a bid to pause a lump-sum assessment of costs owed to shareholders, despite the logistics giant appealing the landmark class action, in a judgment published on Monday.
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August 05, 2026
'Alarm Bells' Rang Before PAC Merger, Court Told
The former directors of Pacific Current Group Ltd (PAC) approved the $193 million merger with fellow asset management firm Northern Lights Capital Partners LLC despite "alarm bells" ringing among the board over asset valuations of the U.S.-based firm, counsel for PAC told the Full Court of the Federal Court of Australia in Melbourne on Tuesday.
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August 04, 2026
Arrium Class Say KPMG Failed On 'Professional Skepticism'
KPMG auditors failed to properly look into contradictory information and unrealistic projections from Arrium Ltd before signing off on audits of the steelmaking and mining company ahead of its 2016 collapse, shareholders of the company argued at the Victorian Supreme Court on Tuesday.
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August 03, 2026
Directors Hid Arrium's Decline Before Collapse, Says Class
Directors of collapsed steelmaker and miner Arrium Ltd wrongly approved "overly optimistic" revenue models underpinning the company's financial reports, ignoring predictions of a sustained fall in iron ore prices and an inability to turn a profit from an aging steel plant, shareholders of the company told a Victorian Supreme Court judge on Monday.
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August 03, 2026
Nuix Results 'Horrible' Prior To IPO, Class Action Case Hears
The Supreme Court of Victoria has heard software company Nuix knew results were "horrible" in the lead up to its 2020 IPO, in the first day of a class action trial brought by shareholders alleging misconduct in the float after the share price fell on the back of downgraded revenue estimates.
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August 03, 2026
Court Clears Unwind Of Brite Frozen Funds in 'Rough Justice'
A Federal Court judge has authorised the receivers of investment manager and pension fund provider Brite Advisors to unwind its client trust assets, pool together the assets and divide them amongst the bulk of the 2,000 beneficiaries according to entitlement and without interest, citing a "rough justice" approach given the complexity of the case.
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August 03, 2026
Justice Pike To Lead NSW Supreme Court Class Actions List
The NSW Supreme Court will place management of all class actions under Justice Ian Pike as part of a broader reshuffle of specialist judicial lists that will take effect from Sept. 7, Chief Justice Andrew Bell AC said in a statement released on Friday.
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July 31, 2026
Judge Rejects CBA Costs Bid Against Law Firm Cornwalls
A Victorian Supreme Court judge has ruled that law firm Cornwalls doesn't owe costs related to bringing Commonwealth Bank of Australia and the receivers it appointed over two companies into a dispute alleging the firm breached its duty of care to the companies.
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