Financial Services
Former trader loses whistleblower case against ANZ
A judge has thrown out a former ANZ trader's whistleblower case alleging the bank sacked him after he complained about its attempted manipulation of the bank bill swap rate.
Restructuring & Insolvency
Court extends Bathla administration to progress projects
Bathla's administrators have secured court orders extending their control of the failed Sydney developer for 12 months, saying it will allow more time to complete projects under construction.
Construction
ASIC wins orders over $29.4M Lake Narracan Resort scheme
A judge has granted interim freezing orders against Star Investment Group Australia and its director after finding reasonable grounds to suspect it misled investors while promoting a development scheme in regional Victoria.
Class Actions
Strip search class action loses bid to strike out NSW’s defence
A class action over alleged unlawful strip searches at music festivals has lost its bid to strike out the NSW government’s defence against claims of sample group members, after the lead plaintiff was awarded $93,000 in damages.
Business of Law
MinterEllison, Clayton Utz trim operations jobs, deny cuts linked to AI
MinterEllison and Clayton Utz have confirmed cuts to the number of business operations jobs at the firms but deny the increasing adoption of AI tools was a factor.
Construction
Mirvac can’t push off mediation in $50M defects suit over The Moreton
Developer Mirvac has lost a bid to delay mediation in a $50 million defects suit by the owners corporation of The Moreton apartments in Bondi Beach, despite arguing it will have just two weeks to prepare for settlement talks.
Insurance
Allianz can’t get contribution from AIG in fight over Built Tech claims
Allianz has lost its bid to recover a contribution from AIG over a $1.65 million worker's compensation claim against Icon subcontractor Built Tech Hoardings.
Business of Law
Coleman Greig client loses appeal bid in row over analyst’s hourly rate
A former client of Sydney law firm Coleman Greig has been refused leave to appeal a costs assessment, with a judge finding a review panel didn't err when weighing the hourly rate of a non-lawyer.
Competition & Consumer Protection
HungryPanda wants to lift stay in suit against competitor Fantuan
Food delivery service HungryPanda wants to lift a stay in a case against competitor Fantuan over the acquisition of delivery platform EASI, after a $24 million judgment was entered in related UK proceedings.
Class Actions
Macquarie hit with second class action by investors in Shield fund
Investment manager Macquarie has been hit with a second class action by investors who sank over $320 million of their superannuation into Keystone's collapsed Shield Master Fund.
