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$59M settlement reached in rate-rigging class action against banks
A $59 million settlement has been reached in a long-running class action accusing five major banks of foreign exchange rate-rigging.
BHP says ‘extremely significant’ changes to class action put trial date at risk
BHP has asked for more time to grapple with a shareholder class action’s amended pleading, saying the changes, if allowed, threaten to derail the trial start date in September.
BHP class action can expand group definition, but not retroactively
A class action against BHP can include in the group member definition investors who bought shares on secondary platforms, but the change can't apply retroactively.
BHP says shareholders can’t expand class action because of ‘drafting error’
BHP has told an appeals court a shareholder class action should not be allowed to expand the group definition to correct an alleged drafting error.
BHP class action gets 3 extra weeks for high-stakes trial
A shareholder class action against BHP over the 2015 Fundao dam collapse in Brazil has won a bid to add an extra three weeks to a six-week hearing to account for any evidentiary surprises.
BHP class action to take fresh look at pleadings after failure of CBA cases
A shareholder class action against BHP has sought more time to finalise its pleadings ahead of trial, after a judge threw out two class actions against the Commonwealth Bank that also alleged continuous disclosure breaches.
Mired in interlocutory skirmishes, protracted BHP class action just got more entangled
BHP wants to appeal a decision giving a class action the OK to fix what a judge accepted was an "inadvertent mistake" that resulted in a ruling -- itself the subject of an appeal -- which limited the group member definition.
Class action against BHP can amend shareholder group after ‘inadvertent mistake’
The judge overseeing a six-year-old class action against BHP over the collapse of a Brazilian dam has allowed the applicant to retroactively amend the group definition, accepting that a pleading mistake was contrary to the intended class membership in the case.
Victoria Solicitor-General Rowena Orr appointed to appeals court
Senior counsel for the banking royal commission Rowena Orr KC has been appointed as a judge on Victoria's Court of Appeal, with class action silk Alistair Pound appointed to fill her shoes as the state's solicitor-general.
BHP fights class action’s bid to augment group after pleading mistake
A five-year-old class action against BHP over the collapse of a Brazilian dam is seeking to amend the group definition following a judgment limiting the class size, but the mining company says it should not be punished for the applicant’s pleading mistake.