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$59M settlement reached in rate-rigging class action against banks
Class Actions 2025-05-08 11:30 pm By Cat Fredenburgh

A $59 million settlement has been reached in a long-running class action accusing five major banks of foreign exchange rate-rigging.

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Allens-repped Rio Tinto in $75M deal for Yarraloola Project
Energy & Natural Resources 2025-05-07 11:16 pm By Julia Kanapathippillai

Rio Tinto has put down $75 million for Zanthus Resources’ interest in the Yarraloola Iron Ore project assets in Western Australia’s Pilbara region as part of a joint venture with Mitsui & Co and Nippon Steel.

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Allens advises Sparke Renewables on tender for NSW renewable energy hub
Energy & Natural Resources 2025-05-02 11:41 pm By Julia Kanapathippillai

Allens has advised Spark Renewables on a successful bid for access rights for its Dinawan Energy hub project.

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Super Retail Group whistleblowers threatened by CEO, suit alleges
Employment 2025-04-30 11:17 pm By Sam Matthews

In new allegations, a former Super Retail Group exec claims she and a fellow whistleblower were threatened by CEO Anthony Heraghty at a mediation and that the company appointed a conflicted law firm to investigate her complaints. 

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Tech error affecting 22K group members delays $50M ANZ class action settlement
Class Actions 2025-04-23 10:59 pm By Andy Sidler

Court approval of a $50 million settlement in a class action against ANZ and superannuation trustee OnePath has been delayed, after 22,000 group members were excluded from an opt-out notice due to a problem with OnePath’s computing process.

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Citing financial uncertainty, Star says trial in AUSTRAC case should not wait
AUSTRAC 2025-04-16 11:26 pm By Julia Kanapathippillai

Embattled casino operator The Star says a trial in AUSTRAC’s case should not be delayed until the finalisation of a $300 million buyout offer from Balley’s, as suggested by the financial crimes watchdog.

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$64.25M settlement in MLC Super class action on ‘higher end’, court told
Class Actions 2025-04-16 3:19 pm By Andy Sidler

A judge has been asked to approve a $64.25 million settlement in a class action against the trustees of the MLC Super Fund, hearing the settlement, reached just prior to the dismissal of a similar class action, was on the “higher end”. 

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Sky News loses appeal in case of ‘wholesale copying’ by media monitor Isentia
Intellectual Property 2025-04-16 11:33 am By Christine Caulfield

An appeals court has dismissed Sky News’ challenge to a ruling that media monitor Isentia was not liable for copyright infringement despite “wholesale copying” of content for government clients.

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Allens, HSF advise on ACEN’s renewable energy portfolio financing
Corporate 2025-04-14 11:31 pm By Christine Caulfield

Big Six firms Allens and Herbert Smith Freehills are the law firm heavyweights behind $750 million in platform financing for ACEN Australia’s renewable energy portfolio.

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CIMIC class action funder takes $4.7M haircut from commission
Class Actions 2025-04-08 11:56 pm By Christine Caulfield

The litigation funder behind a class action against engineering firm CIMIC took a $4.7 million hit to its commission from a settlement after a dispute with the plaintiff’s law firm, according to a decision published Friday.

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