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No obligation to disclose climate change risks, gov’t says in sovereign bonds class action
The Morrison government has denied that it has any obligation to disclose climate change risks to investors of its sovereign bonds as it defends a world first class action alleging global warming is a material risk to the bond market.
Funder of Qld energy class action takes on MIS rules in appeal
A litigation funder has taken aim at a landmark judgment in an appeal of a ruling that found its funding arrangement with group members in a class action against Queensland energy suppliers was a managed investment scheme.
IOOF to face expanded misconduct allegations in shareholder class action
A judge has given the green light to expanded misconduct allegations in a shareholder class action against IOOF, including claims of insider trading and front-running.
Judge throws out challenge to funding for Queensland energy class action
A judge has thrown out a lawsuit that argued the funding for a class action against two Queensland energy generators didn't comply with new regulations targeting litigation funders, and said a landmark judgment that held class action funding agreements were managed investment schemes was conceptually incoherent and ripe for a Full Court challenge.
BlueScope meeting made distributor ‘extremely uncomfortable’, ACCC tells court
BlueScope general manager Jason Ellis made executives of a steel distributor “extremely uncomfortable” in a meeting where he presented the steel giant’s price list, a court hearing the ACCC’s price-fixing case was told Monday.
BlueScope general manager ‘not an honest witness’, ACCC tells court
BlueScope Steel general manager Jason Ellis was not an honest witness and did not express genuine regret when he apologised for obstructing an ACCC investigation, a court hearing the regulator’s price-fixing case was told Tuesday.
Christian Porter, Sue Chrysanthou fight $550,000 legal bill
Christian Porter and silk Sue Chrysanthou are fighting a $550,000 legal bill of Jo Dyer, a friend of the woman who accused Porter of rape, after she succeeded in having the barrister removed from the former attorney-general’s defamation lawsuit against the ABC.
Crane maker NQCranes loses bid to strike out ACCC’s cartel case
Queensland crane company NQCranes has lost its bid to strike out the bulk of the ACCC’s amended case alleging it engaged in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.
Government can’t dodge sovereign bonds climate change class action
A climate change activist can continue her lawsuit alleging the federal government failed to disclose the impact of climate change to investors in sovereign bonds, with a court rejecting the Commonwealth’s strike-out application.
Objection to barrister’s eye rolling during BlueScope cross-exam shot down
A judge hearing a price-fixing case against steel giant BlueScope has overruled an objection to the ACCCs barrister's allegedly excessive "eye-rolling" and "scathing and sarcastic" manner during a cross-examination in which the company's general manager was accused of lying under oath.