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Shaping Property in 2025: Navigating the Known Unknowns
Join us for an exclusive 50-minute presentation on the Privacy and Other Legislation Amendment Bill 2024, impacting privacy, media, and corporate governance. Register now!
Embracing the tide of change in your workplace.
There have been six recent unsuccessful shareholder class actions: Quintis, CBA, Crowley, Insignia, Iluka and Myer. On 7 May 2025, the Full Federal Court delivered its appeal judgment in the CBA case, partly overturning the decision. While the Court found CBA had breached continuous disclosure obligations, it ultimately dismissed the appeal.
The High Court of Australia ruled that a clause in Air Canada’s tariff, reflecting no financial limits for death or injury claims, restates liability limits under Articles 17 and 21 of the Montreal Convention 1999. The Court confirmed Air Canada did not waive these limits or defences, reaffirming the Convention’s primacy in air carriage liability.