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Maurice Blackburn ‘stumbled’ on confidential info used in Treasury Wine class action
A leading class actions lawyer from Maurice Blackburn "stumbled across" allegedly confidential information embedded in a Treasury Wine Estates' shareholder presentation and used it in the law firm's class action pleadings, a court has heard.
Judge ‘pleasantly surprised’ by virtual trials, refuses to delay GetSwift hearing
A judge has refused to delay a civil penalty hearing brought by ASIC against GetSwift, scheduled to begin in June, after the logistics company argued that the virtual hearing necessitated by the COVID-19 pandemic would be prejudicial and the proceedings should be adjourned.
Melco must produce docs to Crown Resorts inquiry, appeals court says
Hong Kong-based casino group Melco Resorts must hand over documents claimed to be privileged to a NSW public inquiry into James Packer's Crown Resorts, with an appeals court ruling the inquiry had the power of a royal commission.
‘Time for commercial reality to bite’: Judge orders class closure in Takata air bags class actions
The judge overseeing seven class actions against some of the world's largest car makers over defective Takata airbags has ordered that class closure take place in advance of mediation, saying it was "time...for commercial reality to bite".
Judge frowns on ‘moronic approach’ to group member sign-up in Takata class actions
The judge overseeing a group of class actions against car manufacturers over faulty Takata airbags has questioned a simplified group registration and opt out process proposed by the law firm leading the cases, saying it would "invite a moronic approach" to sign up.
Radio Rentals class can peek at excess insurance, as court hears claim may exceed $100M
The applicants in the Radio Rentals class action have won access to the company’s excess layer insurance policies, amid concerns that group members’ losses from the allegedly misleading ‘Rent, Try, $1 Buy’ program could surpass $100 million.
Judge promises no ‘mystery tour’ in Takata air bags class actions
The judge overseeing seven class actions against car makers over defective Takata airbags has shot down the applicants' opposition to a soft class closure order in advance of mediation, saying the cases would not be a "mystery tour" from here on out.
Investors can’t revive class action over Octaviar collapse
An appeals court has tossed a challenge to the dismissal of an investor class action against the Public Trustee of Queensland over a failure to predict the 2008 collapse of Gold Coast-based finance group Octaviar, finding that the class had run a case based on allegations outside of its claims.
“I’d be happy to mediate it myself”: Judge cheers talks in Fitch class action
Parties in an ongoing four-and-a-half year long investor class action against Fitch Ratings have agreed to a second round of mediation after a prior attempt was adjourned without success.
Judge finds real risk of ASIC case against former IOOF exec
Former IOOF chairman George Venardos will be allowed to object to incriminating evidence and discovery in proceedings brought by APRA, after a court found there was a real and appreciable risk that ASIC could also bring a civil case against him.