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‘Fruits of victory’ can’t be denied pending insurer’s class action indemnity appeal
Avant Insurance has lost a bid to pause an order that it pay $371,000 in the legal costs of a surgeon facing a class action by breast implant patients of defunct clinic the Cosmetic Institute while the insurer's appeal is pending.
CFMEU boss and son hit with charges over alleged bribery
The secretary of the NSW branch of the CFMEU and his branch manager son have been hit with a corruption charges over allegations they accepted payments from a Sydney building company in exchange for preferential treatment.
Judge vacates Ruby Princess class action trial
A judge has vacated a March hearing in a class action against cruise operator Carnival over last year's Ruby Princess COVID-19 outbreak, a week after resolving an almost year-long dispute about whether overseas passengers could be part of the proceeding.
Contingency fee law to blame for failure of first class action GCO bid
A ruling this week that rejected the first application for a group costs order in a class action because the applicants were better off with their existing no win, no fee arrangement was the right decision given the limits of the legislation, experts say.
Insurer JLT resists bid to expand class action on eve of trial
Insurance broker JLT Risk Solutions has opposed an application by a group of NSW councils to add misleading and deceptive conduct allegations to a long-running class action, claiming the changes would force the vacation of a five-week trial due to start in October.
Law firm mulls legal action after Whitehaven coal mine extension gets approval
Federal environment minister Sussan Ley has approved a controversial coal mining project that is expected to release 100 million tonnes of carbon dioxide into the Earth’s atmosphere, despite a landmark ruling that the government has a duty of care to consider the impact of fossil fuel projects on the next generation of Australians.
Judge’s patience for ‘flipping and flopping’ prosecutors in ANZ cartel case wearing thin
A judge has questioned whether he should allow prosecutors to amend charges against ANZ and its treasurer in a criminal cartel case over a $2.5 billion share placement after the bank argued the charges were defective and should be quashed.
‘Serious neglect’: Disciplinary board cancels Halifax auditor’s registration
The former lead auditor of stockbroker Halifax Investment Services, whose 2018 collapse resulted in $200 million in investor losses, has had his registration cancelled following an application by the Australian Securities and Investments Commission.
CBA to plead guilty to 30 criminal charges over sale of consumer credit insurance
The Commonwealth Bank will plead guilty to criminal charges following an ASIC investigation over misleading representations to customers who purchased add-on consumer credit insurance.
ACCC concerned JBS acquisition would give it too much pork on its fork
The ACCC has called for further public submissions on a proposed acquisition by JBS Australia of a Singapore-owned pig farm and abattoir business after it raised preliminary competition concerns with the $175 million sale.