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Full Court ruling on MIS regime may not resolve funding issues in RFG class action, court hears
Class Actions 2022-04-01 4:54 pm By Cat Fredenburgh

A case before the Full Court that will revisit the question of whether class actions are managed investment schemes may not resolve all of the […]

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Macquarie a ‘knowing participant’ in Connective shareholder oppression, court says
Corporate 2022-03-28 8:57 pm By Miklos Bolza

Two directors of mortgage aggregator Connective engaged in oppressive conduct towards a minority shareholder and Macquarie Bank was a “knowing participant” when it acquired $5 […]

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$28M settlement in Arnold Bloch Leibler class action to get court’s OK
Class Actions 2022-03-04 11:05 am By Christine Caulfield

A judge will approve a $28 million settlement resolving a class action against Arnold Bloch Leibler over advice the law firm gave to Slater & […]

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Senator Matt Canavan’s brother can probe claims against Glencore
Restructuring & Insolvency 2022-02-23 6:16 pm By Miklos Bolza

The brother of Liberal Senator and former resources minister Matt Canavan can investigate potential claims against Glencore in his long running legal spat over the […]

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Noumi to foot Blue Diamond’s legal bill as part of $48M settlement
Food and Beverage 2022-02-22 10:31 pm By Cat Fredenburgh

Noumi, formerly known as Freedom Foods, has agreed to pay $860,000 in Blue Diamond Growers’ costs as part of a $48 million settlement of a […]

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High Court says class action shareholders can quiz directors of failed companies
Restructuring & Insolvency 2022-02-16 10:27 am By Christine Caulfield

In a boost to securities class actions, the High Court has ruled that directors of collapsed companies can be subjected to public examination by shareholders […]

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Tireless defence by lawyers felled criminal cartel case against banks
Competition & Consumer Protection 2022-02-11 11:20 am By Cat Fredenburgh

From a lengthy committal hearing challenging the ACCC’s investigatory techniques to repeated attacks on the prosecution’s indictment, an indefatigable team of barristers and lawyers across […]

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Ill-fated cartel case shows ACCC should stay out of financial markets, ex-Deutsche Bank CEO says
Competition & Consumer Protection 2022-02-11 7:23 pm By Cat Fredenburgh

The CDPP’s decision to drop all criminal cartel charges against two banks and four individuals in a “test case” over a $2.5 billion ANZ share […]

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Charges dropped in landmark criminal cartel case over $2.5B ANZ share placement
Competition & Consumer Protection 2022-02-11 11:03 am By Cat Fredenburgh

In a stunning reversal, the Commonwealth Director of Public Prosecution has dropped all criminal cartel charges against two investment banks and four individuals in relation […]

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High Court to decide if class action shareholders can publicly grill directors
Restructuring & Insolvency 2022-02-11 11:59 pm By Christine Caulfield

A case before the High Court could have major implications for company directors, giving shareholders in class actions the power to drag them before court […]

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