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‘Regime has provided access to justice’: Judge OKs $56.3M Colonial class action settlement
Class Actions 2022-06-20 2:59 pm By Cat Fredenburgh

A judge has signed off on a $56.3 million settlement in a class action against wealth manager Colonial First State that will see Maurice Blackburn […]

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Crown out of luck in $100M battle with ATO as High Court refuses leave
Appeals 2022-05-27 11:32 pm By Cindy Cameronne

The High Court has dismissed Crown Resorts’ bid for special leave to appeal in a $100 million dispute over GST assessments on commissions and rebates […]

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Law firm wants 25% of $56.3M Colonial class action settlement
Class Actions 2022-05-02 3:14 pm By Christine Caulfield

Law firm Maurice Blackburn will ask a court to approve $14.5 million in costs for running a class action against Colonial First State that has […]

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Colonial First State settles MySuper class action for $56M on eve of trial
Class Actions 2022-04-04 2:59 am By Christine Caulfield

Colonial First State will pay $56.3 million to settle a class action that accused the wealth management group of delaying the transfer of $3.2 billion […]

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Court won’t let class action parties pay for judge to travel for Sydney trial
Class Actions 2022-03-10 3:41 pm By Christine Caulfield

The Federal Court won’t permit a Melbourne-based judge to travel to Sydney on the dime of the parties in a class action against wealth management […]

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Law firms earned $68M for defending lawsuits over collapse of Dick Smith
Restructuring & Insolvency 2022-02-11 11:15 pm By Christine Caulfield

The law firms and barristers who defended former Dick Smith directors in sprawling litigation over the failure of the electronics retailer earned close to $68 […]

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Arrium lenders hit with extra costs after rejecting $10M settlement offers
Restructuring & Insolvency 2022-01-07 11:27 am By Bianca Hrovat

A group of banks that failed to prove steel giant Arrium falsified representations on loan drawdown notices ahead of its $2.8 billion collapse have been […]

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NAB, HSBC should pay for Dick Smith receivers’ court loss, judge hears
Restructuring & Insolvency 2021-12-15 6:15 pm By Miklos Bolza

National Australia Bank and HSBC should be “jointly and severally liable” to pay a portion of the costs of a failed case brought by Dick […]

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Ex-Dick Smith CFO to appeal $43M victory for NAB
Restructuring & Insolvency 2021-10-07 6:25 pm By Miklos Bolza

Dick Smith’s former CFO will appeal a $43 million judgment in favour of National Australia Bank over his role in the retailer’s collapse. In a […]

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Law firm would have had onus of proof in Arrium cross-claim defence, judge says
Business of Law 2021-08-19 11:56 pm By Christine Caulfield

Herbert Smith Freehills this week escaped a cross-claim that its advice made it liable for the alleged losses of Arrium’s lenders, but the judge who […]

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