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Former ANZ unit says ASIC should ask bank for info in fees for no service case
Financial Services 2023-03-21 8:20 pm By Cindy Cameronne

A judge has rejected arguments by superannuation trustee OnePath Custodians that the corporate regulator must look to former parent company ANZ for evidence in its fees for no service case.

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Merivale slams class action’s bid for second opt out notice to workers
Employment 2023-03-21 3:03 pm By Sam Matthews

Hospitality giant Merivale is contesting a bid by the applicant in a $129 million underpayments class action to issue a second opt out notice to employees, which it said was an attempt to ensure group members “take an interest” in the proceedings.

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Richard Crookes to appeal landmark judgment on SOPA’s availability to insolvent companies
Restructuring & Insolvency 2023-03-21 10:33 pm By Sam Matthews

Construction company Richard Crookes plans to appeal a ruling which found the Security of Payment Act is available to insolvent builders to pursue debts under a deed of company arrangement, despite an amendment to the law preventing construction companies in liquidation from enforcing payment claims.

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Sydney lawyer sentenced to 12 years for role in Plutus tax fraud
White Collar 2023-03-21 11:58 pm By Cat Fredenburgh

A Sydney lawyer has been sentenced to up to 12 years in prison for laundering $24 million as part of the Plutus tax fraud.

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Class action judge concerned about Colonial ‘siphoning’ $655M to CBA
Class Actions 2023-03-17 2:39 pm By Cindy Cameronne

A judge overseeing a class action against Colonial First State Investments has raised concerns about a $655 million dividend to CBA, questioning whether group members’ recovery could be in danger.

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High Court to hear Qld council’s appeal in class action by waterfront property owners
High Court 2023-03-17 11:31 pm By Cat Fredenburgh

The High Court has granted special leave to a Queensland council to challenge a ruling ordering it to repay owners of waterfront properties tens of thousands of dollars spent on an invalid canal maintenance levy.

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‘Got any gear’: Court releases Lehrmann texts on day Higgins rape claims aired
Defamation 2023-03-17 9:22 pm By Cat Fredenburgh

Accused rapist Bruce Lehrmann texted friends “you got any gear” and “need bags” on the day former Liberal staffer Brittany Higgins went public with rape allegations on an episode of The Project.

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Former JPMorgan head trader Mark McCabe charged with fraud
White Collar 2023-03-17 3:54 pm By Cindy Cameronne

A former JPMorgan executive has been charged with eight counts of fraud for allegedly misappropriating $940,350 from clients of his defunct companies, Guevara Capital and Online Trading Capital. 

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With ‘hesitation’, judge OKs $300M settlement in J&J class actions
Personal injury 2023-03-16 9:54 am By Cindy Cameronne

A judge has approved a $300 million settlement in two pelvic mesh class actions against Johnson & Johnson and unit Ethicon — the largest settlement in the history of Australian product liability group proceedings — but a $100 million deduction for legal costs has yet to get the greenlight. 

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Boston Scientific’s $105M settlement approved in pelvic mesh class action
Class Actions 2023-03-16 10:11 am By Cindy Cameronne

Boston Scientific’s $105 million settlement of a class action over its pelvic mesh devices has secured court approval, but the costs billed by the law firm running the case will face further scrutiny.

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