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‘Pretty unsatisfactory’: Judge sceptical of Colonial plan to stick ATO with settlement distribution
Class Actions 2022-04-22 1:34 pm By Sam Matthews

A judge has expressed doubts over Colonial First State’s plan to pass on part of its duties to the ATO in distributing a $56.3 million […]

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Judge baulks at funder’s 70% commission for case over NewSat collapse
Restructuring & Insolvency 2022-04-19 3:05 pm By Cindy Cameronne

NewSat investor Rockgold Holdings has lost its bid to appoint a special purpose liquidator to run a lawsuit against eight major banks after a judge […]

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CBRE wins appeal over allegedly negligent $27.3M valuation
Real Estate 2022-04-13 9:45 pm By Cindy Cameronne

Real estate giant CBRE Group has won its appeal in a dispute with defunct fund manager City Pacific, which claimed the company negligently valued a […]

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Worley asks High Court to fix ‘absurd’ shareholder class action ruling
Class Actions 2022-04-12 10:04 pm By Cindy Cameronne

Engineering company Worley is challenging an appeals court ruling that allowed a shareholder class action against it to continue, arguing the Full Court’s finding that […]

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Slater & Gordon touts superior track record in battle to lead Beach Energy class action
Class Actions 2022-04-01 6:29 pm By Cindy Cameronne

Two heavyweight plaintiff firms battled it out Friday to run a shareholder class action against Beach Energy, with Shine Lawyers saying it should be rewarded […]

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Full Court ‘compelled’ to find class closure judgment ‘plainly wrong’
Class Actions 2022-03-28 11:06 am By Miklos Bolza

The Full Federal Court has found that a landmark NSW Court of Appeal decision barring group members from being notified of future class closure orders […]

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AFCA lacked impartiality in decision against IronFX, court rules
Financial Services 2022-03-17 10:16 pm By Cindy Cameronne

Online trading platform IronFX has won its action against the Australian Financial Complaints Authority over a finding it wrongfully caused an 83 year-old French resident […]

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Worley shareholders win appeals court battle to revive class action
Breaking News 2022-03-11 2:34 pm By Christine Caulfield

An appeals court has sided with shareholders in their challenge to a ruling tossing a class action against engineering services company Worley, which was found […]

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Landmark class closure judgments ‘plainly wrong,’ appeals court told
Class Actions 2022-02-25 10:29 pm By Miklos Bolza

Judgments shooting down a class closure order and nixing notice of a possible class closure order were “plainly wrong” and “infected” by faulty reasoning, the […]

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Citing ‘leisure wear effect’, MySuper class action seeks in-person hearing
Class Actions 2022-02-08 3:03 pm By Cat Fredenburgh

The parties in a class action accusing a Commonwealth Bank of Australia unit of breaching its superannuation trustee duties want the matter to be heard […]

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