CBA won’t hand over docs to class action without AUSTRAC’s blessing

Class Actions July 8, 2020 1:10 pm By Miklos Bolza

The Commonwealth Bank of Australia has refused to provide sought-after documents to the lead applicants of a joint class action against it until AUSTRAC grants permission, citing concerns over possible criminal breaches if it hands over the material without the agency’s approval.

Virgin administrator’s legal woes continue as bondholders try to uncover confidential Bain deal
Restructuring & Insolvency July 8, 2020 1:03 pm By Alison Eveleigh

A Virgin Australia unsecured bondholder has launched legal proceedings to uncover confidential details of the sale of the embattled airline to Bain Capital, with the administrators now facing three disputes in the wake of the administration.

‘Let down’ by own lawyers: Family of MH17 victim wins appeal after being shut out of class action
Class Actions July 7, 2020 10:40 pm By Alison Eveleigh

The parents of an Australian national who was killed aboard Malaysia Airlines flight MH17 have successfully appealed a decision blocking them from participating in the settlement of a class action, with an appeals court judge describing as “disturbing” the conduct of their legal team in the group proceeding.