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BlueScope wins confidentiality order in Aurizon collusion case
The court overseeing the ACCC's collusion case against rail freight operators Aurizon and Pacific National has granted a confidentiality request by BlueScope Steel over documents subpoenaed after the steel company told the court trucks were not a viable alternative for transporting its goods in Queensland.
Pitcher Partners appeals $5.6M damages award over concealed accounting error
Accounting firm Pitcher Partners will challenge a ruling that it owes a NSW bus operator $5.6 million in damages for fraudulently concealing a costly amortisation error.
3 words doom Santos appeal over $55M BNP guarantee
Three words missing from a demand letter have sunken oil and gas producer Santos Limited's appeal of a loss in its dispute with French bank BNP Paribas over a $55 million bank guarantee.
Royal Commission tells ASIC it’s time to litigate
Companies that run afoul of the law should brace for more courtroom battles against ASIC, after the Hayne Royal Commission urged the corporate regulator to make litigation a central pillar of  its enforcement strategy.
Hayne recommends criminal charges against at least two entities, but doesn’t name names
Banking royal commissioner Kenneth Hayne has recommended at least two unnamed entities face criminal charges for dishonest conduct connected to their fees for no service practices, an offence that carries a maximum penalty of 10 years' jail or a hefty fine, or both.
Common fund orders in class actions either ‘premature’ or ‘pointless’, joint appeals court told
An appeal before a historic joint sitting of two courts over so-called common fund orders in class actions kicked off Monday with a full bench of six judges and a packed courtroom hearing arguments by eminent barristers for BMW and Westpac that the orders are either preemptive or pointless.
Deloitte continues fight to keep Hastie files secret after claiming partner made off with them
Deloitte is challenging a judge's ruling that certain partners not be excused from an order to produce files of the accounting giant's audit work for Hastie Group to shareholders in a class action over the construction company's collapse, its latest move after a failed attempt to persuade the judge that a rogue partner had taken the only copies of the files and refused to give them back.
ASIC bans Commonwealth Bank from charging ongoing service fee
The Australian Securities and Investments Commission has ordered Commonwealth Bank to immediately stop charging customers service fees, after the bank violated the terms of an enforceable undertaking related to its fees for no service conduct.
Boutique firm Phi Finney McDonald ’eminently qualified’ to run BHP class action, experts say
Class action experts have come to the defence of boutique law firm Phi Finney McDonald as heavyweight Maurice Blackburn appeals a judge's ruling to choose the "less experienced" firm to lead a shareholder class action against BHP Billiton.
Judge slams ‘extremely unhelpful’ Qantas defence in underpayment case
A judge has taken Qantas to task over its defence in a Fair Work case brought by the Australian Licenced Aircraft Engineers Association union over alleged underpayments to LA-based mechanics, calling the document "extremely unhelpful".