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Law firm expresses ‘regret’ as Aveo pays just $11M to settle class action
Class Actions 2023-03-28 4:09 pm By Cindy Cameronne

A class action against Aveo Group has settled for $11 million mid trial, with the law firm that brought the case expressing regret for any “distress or anxiety” it caused and acknowledging the retirement village provider’s contracts with residents were lawful. 

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Crown owns up to ‘serious and systemic’ breaches of money laundering laws
AUSTRAC 2023-03-01 5:29 pm By Sam Matthews

Casino giant Crown has admitted to a “significant number” of anti-money laundering and counter terrorism breaches in a case brought by AUSTRAC.

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‘An unusual case’: ACCC gives Booktopia more time to pay $6M penalty
Competition & Consumer Protection 2022-12-14 3:16 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has agreed to grant Booktopia more time to pay a $6 million penalty over an alleged misleading refund policy, after the online book retailer suffered a “massive fall” in its share price.

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Law firm principal agrees to keep clear of retirement villages in Aveo class action
Class Actions 2022-11-21 10:42 pm By Christine Caulfield

The principal of a law firm running a class action against retirement home provider Aveo Group has agreed not to drop in on residents without giving the company notice.

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Major win for Lendlease, Multiplex in $68M case by Hastie liquidators
Construction 2022-11-02 11:18 pm By Cindy Cameronne

Lendlease and other major builders have secured a significant victory in a long-running case brought by the liquidators of failed engineering company Hastie Group, with a judge saying Hastie wasn’t entitled to the proceeds of bank guarantees withdrawn by the builders when it collapsed 10 years ago.

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Silk asked to appear in video opt-out notice to confused members in Aveo class action
Class Actions 2022-10-27 5:34 pm By Sam Matthews

A judge has declined to approve an amended opt-out notice featuring a video from a silk further explaining a “confusing” opt-out notice sent to group members in a class action against retirement home provider Aveo Group that has led to 400 opt-outs.

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Aveo class action members facing novel funding order protected by court, judge says
Class Actions 2022-09-13 12:31 pm By Cindy Cameronne

A judge has approved an opt-out notice in a class action against retirement home provider Aveo Group that advises of a proposed application for a controversial funding order that would put a lien on some group members homes.

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‘If they were my clients I’d advise them to opt out’, barrister tells Aveo class action judge
Class Actions 2022-08-09 11:06 pm By Sam Matthews

The first ever amicus appointed in a fight over the wording of an opt out notice in a class action has told a court a proposed novel funding model in a case against retirement home provider Aveo Group could be a “nightmare scenario” for certain group members.

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Judge approves Blackstone’s takeover of Crown Resorts
Corporate 2022-06-15 12:37 pm By Sam Matthews

A judge has given his approval to the takeover of Crown Resorts by US private equity group Blackstone.

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Aveo class action judge appoints first-ever amicus in fight over opt-out notice
Class Actions 2022-06-02 3:49 pm By Cindy Cameronne

A judge overseeing a class action against retirement home provider Aveo Group has appointed an amicus curiae for what is believed to be the first time to assist the court in a fight over the wording of an opt out notice describing a “novel” funding model. 

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