The Federal Court’s top judge has urged ASIC and ANZ to continue their “litigation good faith” in the corporate cop’s action over $35 million in allegedly illegal customer fees charged by the bank, and cautioned the two sides against slogging it out with a “staged trench warfare” mentality.
The federal Attorney-General has unveiled a new system for the allocation of more than $1 billion in external legal services to the Commonwealth government over the next five years, with just two Australian law firms approved in every practice area.
The Fair Work Ombudsman has dropped its contempt of court case against the owner of a Cairns tour company after an appeals court set aside the tour operator’s conviction and panned the sentencing judge for his “egregious” conduct.
A judge has given the all-clear to an investment management company to access evidence for potential legal action against the National Stock Exchange of Australia after the firm’s shares were suspended without warning or explanation.
A class action against the Federal Government’s Airservices has been dismissed after a “fatal” ruling that group members were not covered by enterprise agreements they argued had better terms than their own individually negotiated contracts.
The Australian Securities and Investments Commission is planning to sue ANZ over $35 million in allegedly illegal customer fees, which were also at the centre of two class actions settlements reached last year under which customers are expected to walk away with no more than $100 apiece.
The judge overseeing seven class actions against car makers over defective Takata airbags has shot down the applicants’ opposition to a soft class closure order in advance of mediation, saying the cases would not be a “mystery tour” from here on out.
The Australian Competition and Consumer Commission has expressed competition concerns about ANZ Terminals’ proposed acquisition of a unit of global agribusiness GrainCorp, despite the storage specialist offering to divest one of its terminals to win approval for the $350 million deal.
Law firm HWL Ebsworth is due in court Wednesday for a hearing in its challenge to a judgment awarding an expelled partner $450,000 in damages for his “irrational and wrong” dismissal.
Actor Geoffrey Rush is pulling out all the stops in his bid to uphold his record $2.9 million defamation judgment against Daily Telegraph publisher Nationwide News, briefing a prominent Sydney barrister to lead his case against the appeal.