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Judge questions law firms ‘passing the prize around’ by teaming up to run class actions
Class Actions 2025-06-03 11:09 pm By Sam Matthews

The judge overseeing two competing class actions against Google has issued a warning to law firms that agree to team up and work on a class action together, saying that in other markets such arrangements might be viewed as “something akin to a cartel”.

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‘Low quantum’ junk insurance class action to leave group members with ‘almost nothing’, court told
Class Actions 2025-06-03 11:28 pm By Andy Sidler

Mortgage broker Lendi Group and insurer ALI Group want to declass a junk insurance class action, telling a judge that even in a successful scenario, the more than 13,000 group members will be left to share only $2.5 million. 

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Class action over Melbourne development settles, law firm comes up short
Class Actions 2025-06-03 2:30 pm By Christine Caulfield

A class action by investors in a Melbourne apartment develpment has resolved for $2.6 million, but the law firm bringing the case will take a haircut on its fees after group members ignored calls to contribute to the costs.

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Construction PRO
Trial in Australia Towers cladding case delayed as Parkview nears settlement
Construction 2025-06-04 11:15 pm By Sam Matthews

The owners corporation suing Parkview Construction over alleged combustible cladding at the Australia Towers in Sydney Olympic Park is “hopeful” of a settlement being reached, a court has heard on the eve of trial.

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Forge liquidators near settlement in insider trading case against Clough, ex-directors
Restructuring & Insolvency 2025-06-04 11:44 pm By Cat Fredenburgh

Liquidators of collapsed Forge Group are close to settling their insider trading case against engineering and construction company Clough and former directors, a court has heard on what was to be the first day of trial.

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SOP adjudicator can decide if ‘new reasons’ offered for withholding payment: court
Construction 2025-06-04 11:51 pm By Andy Sidler

A SOP Act adjudicator had power to determine that reasons proffered by a Queensland construction company for withholding payment to a concrete subcontractor were “new reasons” and not properly made, a court has found.

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‘All or nothing gamble’: Law firm slams Aussie Home Loans declassing bid
Insurance 2025-06-02 11:27 pm By Christine Caulfield

Mortgage broker Lendi Group and insurer ALI Group want a proceeding on behalf of tens of thousands of Aussie Home Loans customers to be stripped of class action status.

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Penalty in ASIC case against TerraCom to wait until directors’ hearing
ASIC 2025-06-02 10:48 pm By Julia Kanapathippillai

Penalty proceedings in ASIC’s case against coal producer TerraCom have been put on ice until the regulator’s suit against the company’s directors goes to trial. 

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In ASIC win, Full Court says Qoin issuer not exempt under authorised rep rules
Financial Services 2025-05-30 3:26 pm By Sam Matthews

ASIC has succeeded in overturning a decision that found that Qoin issuer BPS Financial came within the authorised representative exemption with respect to agreements with Australian financial services licence holder PNI.

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Judge won’t let ACCC case against Spotless, Ventia get ‘totally unwieldy’
Competition & Consumer Protection 2025-05-30 11:54 pm By Sam Matthews

The judge hearing the ACCC’s price-fixing case against Downer EDI’s Spotless and Ventia has proposed an initial hearing to determine if the companies are in competition, saying he won’t let the case become “totally unwieldy”.

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