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Tech error affecting 22K group members delays $50M ANZ class action settlement
Class Actions 2025-04-23 10:59 pm By Andy Sidler

Court approval of a $50 million settlement in a class action against ANZ and superannuation trustee OnePath has been delayed, after 22,000 group members were excluded from an opt-out notice due to a problem with OnePath’s computing process.

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‘Confusing’ group definition struck out in Mercedes-Benz class action
Class Actions 2025-04-23 11:11 pm By Andy Sidler

A judge has struck out a circular and confusing group definition in an emissions cheat class action against Mercedes-Benz, but has given the class action the chance to replead.

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Construction PRO
Builder Kuatro fails in appeal in SOPA case against Elite Formwork
Construction 2025-04-23 11:40 pm By Andy Sidler

A court has ordered builder Kuatro Build to pay concrete subcontractor Elite Formwork more than $500,000 in progress payments for work on a Sydney development, finding no error in an adjudicator’s determination.

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$43M class action settlement fair in light of Noumi’s financial position, court told
Class Actions 2025-04-22 11:42 pm By Andy Sidler

A $43 million settlement in a class action alleging Noumi misled investors about its inventory is fair and reasonable in light of confidential information about the food company’s financial position, a court has heard.

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Court finds Qteq engaged in cartel conduct
Competition & Consumer Protection 2025-04-22 11:07 pm By Andy Sidler

A judge has found that Queensland-based mining equipment company Qteq and its chairman engaged in cartel conduct, including attempting to rig a multi-million dollar tender. 

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Former CFMEU boss misses deadline for defence in FWO case
Employment 2025-04-22 2:20 pm By Andy Sidler

Former CFMEU Victorian branch boss John Setka has defaulted on a deadline to file a defence in a case over alleged attempts to have the AFL sack its head of umpires, who previously led the construction watchdog.

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$64.25M settlement in MLC Super class action on ‘higher end’, court told
Class Actions 2025-04-16 3:19 pm By Andy Sidler

A judge has been asked to approve a $64.25 million settlement in a class action against the trustees of the MLC Super Fund, hearing the settlement, reached just prior to the dismissal of a similar class action, was on the “higher end”. 

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Construction PRO
Court clarifies tax treatment for land development
Tax 2025-04-22 11:47 pm By Andy Sidler

A court has weighed in on the tax treatment of the proceeds of developed land, finding the landowner did not engage in business-like conduct such that his profits should be considered income.

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Judge ends Keybridge administration, finds company is solvent
Restructuring & Insolvency 2025-04-15 2:08 pm By Andy Sidler

After running a successful campaign to remove three board members, major Keybridge shareholder WAM Active has convinced a court to end the investment company’s administration after it provided a letter of comfort and offer to fund its debts.

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ASIC secures winding up orders against Falcon Capital
ASIC 2025-04-15 2:54 pm By Andy Sidler

ASIC has won winding up orders against investment firm Falcon Capital and its managed investment scheme First Guardian Master Fund, after raising concerns about potential risks to investors. 

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