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Facing ‘staggeringly large’ security costs, class action queries separate lawyers for Blue Sky execs
Class Actions 2023-06-21 11:07 pm By Sam Matthews

The applicant in a class action against Blue Sky Alternative Investments and auditor EY has raised an “often overlooked” principle to challenge the separate legal representation of two of the company’s directors, dodging applications for almost $15 million in security – for now.

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$29M settlement in Westpac class action gets green light
Class Actions 2023-06-21 12:29 pm By Cindy Cameronne

A judge has approved a $29 million settlement in a class action against Westpac over ‘junk’ consumer credit insurance, a deal that earns the bank’s customers at least $19.6 million. 

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Insurer seeking to examine Arrium liquidators can’t shield docs
Restructuring & Insolvency 2023-06-21 11:30 pm By Cindy Cameronne

Insurer Atradius has lost its bid to keep under wraps information supporting its application to publicly examine three KordaMentha directors about their administration of the Arrium Group after a judge found it would not prejudice a similar bid in related proceedings. 

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Last chance for class action against NAB to ‘get house in order’, judge warns
Class Actions 2023-06-21 11:17 pm By Christine Caulfield

A judge has admonished a class action applicant over continuing delays in a four-year-old class action against NAB which he said “should not be allowed to languish any longer”.

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Sailors win damages in Navy training class action
Class Actions 2023-06-20 2:16 pm By Cindy Cameronne

A judge has awarded $735,000 in damages to nine group members in a class action representing 200 former Royal Australian Navy sailors alleging the Department of Defence broke a promise to train them in engineering, finding they were owed compensation for the lost chance to earn higher wages.

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7 years in and counting, Worley class action ‘needs finality’: judge
Class Actions 2023-06-20 2:47 pm By Cindy Cameronne

A judge has declined to hear an interlocutory stoush about the scope of a shareholder class action against engineering company Worley before an upcoming trial, saying the case, which has been on foot since 2015 and was appealed to the High Court, needed “some finality”. 

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Chobani loses test case over GST on Flip yoghurt range
Tax 2023-06-20 3:46 pm By Gareth Baker

Chobani has lost a dispute over the tax office’s recent decision to apply GST to the US yoghurt maker’s Flip range.

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Claws out: Monster Energy appeals loss in trade mark dispute with MuscleTech
Appeals 2023-06-20 5:08 pm By Gareth Baker

Monster Energy has lodged a Federal Court appeal after failing to block supplements retailer MuscleTech from registering a new logo that it alleges is similar to its own M claw mark. 

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$22M PFAS class action settlement wins court OK
Class Actions 2023-06-19 4:05 pm By Cindy Cameronne

A judge has approved a $22 million settlement in a class action on behalf of a First Nations community that alleges their land was contaminated by toxic firefighting foam at a military base in Jervis Bay, citing the “very real” risks the case would face at trial. 

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Liquidators removed for $69M demand against Billi directors
Restructuring & Insolvency 2023-06-19 4:53 pm By Christine Caulfield

A judge has removed two liquidators as administrators of a defunct company after finding they abused the court’s processes by demanding $69 million in damages from the directors of water filtration business Billi.

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