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Top 10 class action settlements of 2021
Class Actions 2022-01-10 7:52 am By Bianca Hrovat

Class action settlement totals skyrocketed to over $900 million last year, and one law firm negotiated the lion’s share, with $672 million in settlements under […]

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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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Opal Tower engineer wins bid to probe scope of insurers indemnity of Icon
Class Actions 2021-12-02 4:54 pm By Miklos Bolza

The structural engineer behind Sydney’s ill-fated Opal Tower can examine whether builder Icon Co has been indemnified for $31 million worth of damage which occurred […]

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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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Concrete company knew of prior Opal Tower failure, class action cross-claim alleges
Class Actions 2021-09-15 11:46 pm By Miklos Bolza

Prefab concrete company Evolution Precast Systems failed to install reinforced concrete in Sydney’s ill-fated Opal Tower and knew about a prior failure with one of […]

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Court to rule soon in Queensland floods class action appeal
Class Actions 2021-09-06 4:42 pm By Christine Caulfield

Dam operator Seqwater will find out this week if its decision not to settle with group members in a class action over the 2011 Queensland […]

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Fraud cross-claims struck out in Mach Energy suit over Mount Pleasant coal mine
Competition & Consumer Protection 2021-08-25 6:28 pm By Bianca Hrovat

A judge has struck out allegations of fraud in a cross-claim brought by the operator of a NSW open-cut coal mine, which accused several contractors […]

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Insurers may be dragged into Opal Tower class action
Class Actions 2021-07-02 3:21 pm By Cat Fredenburgh

Third-party liability insurers may become the latest parties to be dragged into a complex class action over alleged defects in Sydney’s Opal Tower, which has […]

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NAB wins $43M judgment against ex-Dick Smith director but receivers walk away empty handed
Restructuring & Insolvency 2021-06-15 4:47 pm By Miklos Bolza

A judge has awarded $43 million to National Australia Bank in its lawsuit against former directors of failed retailer Dick Smith, but threw out claims […]

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Icon, structural engineer WSP added as defendants in Opal Tower class action
Class Actions 2021-06-10 1:10 pm By Miklos Bolza

Opal Tower builder Icon and structural engineer WSP Structures have been joined as defendants in a class action brought by property owners, who have also […]

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