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Funder drops ‘uneconomic’ GST class actions after High Court snubs special leave bid
Class Actions 2022-07-05 4:05 pm By Cat Fredenburgh

A judge has signed off on the discontinuance of two class actions against Canberra property developers for allegedly misleading investors about GST on their apartments, […]

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Mesoblast hit with second shareholder class action over COVID-19 drug
Class Actions 2022-06-07 3:17 pm By Cat Fredenburgh

Regenerative medicine company Mesoblast has been hit with a second class action for allegedly misleading shareholders about it Remestemcel-L treatment for COVID-19 complications. Phi Finney McDonald’s […]

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Corestaff group members would get less than half of $6.4M settlement if funder seeks 35% cut
Class Actions 2022-03-23 11:46 am By Cat Fredenburgh

Group members in a class action by Papua New Guinea workers against labour hire firm CoreStaff would get less than half of a $6.4 million […]

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Insurer Vero may be dragged into combustible cladding class action
Class Actions 2021-12-22 2:40 pm By Cat Fredenburgh

The applicant in a class action against Fairview Architectural over allegedly combustible cladding wants to add insurer Vero Insurance as a respondent, after revealing the […]

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Class action against Zurich over faulty apartments gets go-ahead
Insurance 2021-12-13 5:20 pm By Miklos Bolza

A class action against Irish insurer Zurich Insurance Plc by unit owners of the defective New Zealand-based Victopia Apartments can proceed in Australia after the […]

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Class action targets Morrison government over white spot disease outbreak
Class Actions 2021-12-01 10:19 am By Cindy Cameronne

The federal government is facing a class action over alleged biosecurity breaches that led to the 2016 outbreak of white spot disease in South-East Queensland, […]

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Labour hire firms may face class action over ‘indentured slavery’ of South Pacific Islanders
Class Actions 2021-11-05 4:59 pm By Miklos Bolza

Several labour hire firms and the Morrison government are facing a potential class action for allegedly forcing South Pacific Islanders to work on Australian farms […]

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Investors lose joint appeal bid to boost slice of Halifax liquidation assets
Restructuring & Insolvency 2021-10-27 3:13 pm By Miklos Bolza

Investors in collapsed stockbroker Halifax Investment Services have failed to overturn decisions in Australia and New Zealand relating to the date of realisation of their […]

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Halifax investors file Full Court appeal to boost recovery
Restructuring & Insolvency 2021-09-13 1:50 pm By Christine Caulfield

Approximately 1,000 investors of collapsed stockbroker Halifax Investment Services have challenged a court decision concerning the date of the realisation of their investments which decreased […]

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Class action lawyers await guidance from courts on impact of continuous disclosure reforms
Feature 2021-08-25 5:57 pm By Miklos Bolza

Reforms by the Morrison government passed earlier this month weakening continuous disclosure obligations will spur corporate defendants to engage in “expensive interlocutory warfare” to shut […]

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