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Judge allows tweak to ratings suit against S&P ahead of trial
The applicant in a suit against S&P over alleged defective ratings can tweak its pleadings ahead of a June trial, with a judge rejecting S&P’s argument the changes introduce a new case.
Cooling-off orders in Sydney rail dispute not irrational: court
The Federal Court has dismissed an appeal by a union representing rail electricians of cooling-off orders made by the Fair Work Commission amid an ongoing dispute with Sydney Trains.
ASIC asks Full Court to stamp out authorised rep ‘mischief’ in Qoin case
The corporate regulator has asked the Full Court to stamp out avenues for corporate mischief, as it challenges a finding about the authorised representative exemption to the licence requirement of financial services providers.
Ex-Super Retail lawyer can’t appeal suppression order for public defence
A judge has rejected claims from Super Retail Group's former top lawyer that suppression orders over details of an alleged settlement should be lifted so she can respond to the company's "defamatory" version of events in the media, calling her claims "a bare assertion".
Quintis misled the market, but class action’s loss narrative lost the case
In tossing the sixth securities class action to go to trial in recent years, a Federal Court judge has shown the task of proving shareholder loss is a doozy.
Shareholder class action against EY, Quintis founder dismissed by court
Although finding the former director of Quintis and its auditor, EY, engaged in misleading and deceptive conduct, a judge has dimissed a class action by the sandalwood producer's shareholders.
Deputy PM Richard Marles called out for ‘quibbling’ in bullying case
Deputy Prime Minister Richard Marles' chief of staff has called out her boss for “quibbling” in her case alleging she was pushed out after complaining about bullying.
S&P fails in bid for all class action expert evidence to be thrown out
Ahead of an eight-week trial in an investor class action in July, ratings agency S&P has lost its bid to throw out the entirety of the expert evidence in the case.
Construction PRO
Callide Energy can’t block sale of interest in Queensland power station
Callide Energy has failed in a courtroom bid to block the sale its partner's interest in the joint venture for the construction and operation of Queensland's Callide power station.
Babcock & Brown shareholders can’t stay costs orders in failed 10-year-old case
Shareholders in collapsed financial services firm Babcock & Brown have lost their bid to stay costs orders after losing a ten-year-old dispute.