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Trial pushed off in sprawling litigation over Greensill collapse
Restructuring & Insolvency 2025-04-10 11:41 pm By Sam Matthews

A judge has agreed to delay a trial by five months in a group of cases over supply chain finance company Greensill’s $1.7 billion collapse, over the vehement protests of the firm’s administrator.

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Firm, funder set to take half of AIG settlement in Linchpin class action
Insurance 2025-04-10 3:16 pm By Christine Caulfield

Details of a settlement with AIG in a class action by investors in failed Linchpin reveal the insurer has paid out all of a $10 million policy and will hand over another $2.15 million in interest and costs.

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Salter Brothers, XL Insurance resolve fight over coverage for clients’ lawsuit
Insurance 2025-04-10 2:47 pm By Christine Caulfield

Real estate investment manager Salter Brothers has resolved a spat with XL Insurance over more than $6 million in costs incurred in successfully defending itself in lawsuits by three clients.

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AIG reaches settlement in Linchpin investor class action
Settlement 2025-04-07 3:59 pm By Christine Caulfield

A class action brought by investors of failed advisory firm Linchpin has reached a settlement with insurer AIG — the last remaining defendant in the case.

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Medibank can’t shield Deloitte reports from data breach class action
Privacy & Cybersecurity 2025-04-04 11:37 pm By Sam Matthews

Medibank has been ordered to give a class action copies of reports by Deloitte into a massive data breach in October 2022, in a judgment made public on Friday and already facing appeal by the health insurer.

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Allianz’s $170M class action settlement OK’d, law firms to pocket $42.5M
Class Actions 2025-04-02 9:56 am By Christine Caulfield

A court has approved a $170 million settlement in a class action against Allianz, and has signed off on an order that gives the firms behind the case 25 per cent of the deal.

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AIA snags general counsel from MLC Life
Business of Law 2025-03-24 11:10 pm By Cat Fredenburgh

Grant Jones has been appointed general counsel at insurer AIA Australia after nearly a decade at competitor MLC Life.

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Toyota class action’s limitations strategy backfires
Class Actions 2025-03-21 11:19 pm By Sam Matthews

A Toyota flex commissions class action can’t retroactively join claims about alleged junk insurance made in a separate case to protect against a limitations defence, with a judge describing such applications as “prima facie vexatious”.

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Court merges IAL class actions that piggybacked on ASIC case
Class Actions 2025-03-12 1:57 pm By Sam Matthews

A judge has consolidated two class actions against Insurance Australia over alleged misleading loyalty discounts and rejected the insurer’s objection to the inclusion of documents produced by ASIC in the first-filed case.

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Law firms ask court to bless $42.5M cut of $170M Allianz class action settlement
Class Actions 2025-03-11 11:57 pm By Sam Matthews

The Supreme Court of Victoria has been urged not to meddle with a 25 per cent group costs order in a junk insurance class action that settled for $170 million, in what would be the court’s second blessing of a law firm contingency fee.

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