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Light rail class action plaintiffs lose appeal over $5.4M costs cut
The applicants in a class action against Transport for NSW over the construction of the Sydney CBD light rail have lost their appeal of a ruling that ordered the government to pay just 65 per cent of their trial costs, which they claim amounts to a $5.4 million reduction.
Origin Energy to refund customers after ACCC probe into ‘Saver’ plan
Origin Energy has agreed to refund over $270,000 to 4,500 customers on its 'Ongoing Saver' residential electricity plan who were charged more than they would have been on the company's 'Basic' plan.  
Credit Suisse says Linklaters advice, Deloitte reports shielded by privilege
Credit Suisse is fighting a bid for access to Deloitte reports commissioned by a Swiss law firm and advice from Linklaters, in litigation against insurers over the collapse of supply chain finance company Greensill Capital. 
Construction PRO
Maxcon Developments director loses challenge to examination
A former director of defunct developer Maxcon Developments and his family members have lost a bid to set aside examination orders, with a judge rejecting their argument that the ATO was using the examinations as a “dry run” for other claims.
Construction PRO
IG Power sues CS Energy for $1B over Callide power station
IG Power has sued Queensland government-owned corporation CS Energy for $1 billion alleging it is liable for “catastrophic” incidents at the Callide coal-fired power station.
Sunday pay rates class actions flag constitutional challenge over bill
Four class actions against retail and fast food giants in South Australia have foreshadowed a constitutional challenge against proposed legislation that would retrospectively strip workers of the right to earn Sunday pay rates.
New unfair trading practices ban will add to class action arsenal
A new ban on unfair trading practices could significantly broaden the scope of consumer class actions, with experts predicting plaintiff firms will use the reforms to pursue claims over conduct that has until now fallen outside the reach of misleading or deceptive conduct laws.
ASIC seeks penalties against adviser linked to First Guardian
The corporate regulator is seeking penalty and disqualification orders against a financial adviser whose businesses allegedly earned $37 million for spruiking the collapsed First Guardian fund, a court has heard.
Cor Cordis loses fight over ex-managing partner’s fraud claims
Cor Cordis has lost its bid to strike out claims by the former chair of the insolvency firm that it "confected" reductions in work in progress to avoid paying his full retirement entitlements.
Construction PRO
Retirement villages law ‘unfit’ to protect residents, owners, judge says
The Retirement Villages Act was unfit for the purpose of protecting both former residents at a Paterson Lakes retirement village and new apartment owners, who appeared to be victims of an "exploitative" scheme by former managers and operators, a court has found.