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‘Don’t panic’: JPMorgan boss tried to allay bank exec’s fears over shortfall, court told
Competition & Consumer Protection 2021-12-02 9:52 pm By Cindy Cameronne

JPMorgan Australia chairman Rob Priestley told Citigroup and Deutsche Bank executives not to “panic” about picking up a shortfall in the sale of ANZ shares, […]

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Threat of class action reform prompts rush to court
Class Actions 2021-12-01 5:47 pm By Christine Caulfield

Fearing passage of a contentious bill in parliament that threatens to curb open class actions, plaintiffs law firms and funders have raced to court with […]

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More casuals class actions to be dropped in wake of High Court’s Rossato decision
Employment 2021-12-01 3:35 pm By Miklos Bolza

Two law firms are seeking court approval to drop class actions brought on behalf of allegedly misclassified casual coal miners, in light of a High […]

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ACCC pressured ASIC to drop investigation into JPMorgan, court hears
Competition & Consumer Protection 2021-12-01 8:57 pm By Cindy Cameronne

A senior ACCC officer tried to dissuade ASIC from investigating alleged insider trading by JPMorgan because of fears it would “upset” the competition regulator’s criminal […]

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Banksia-inspired conflict of interest regulations quietly take effect
Legal Ethics 2021-12-01 3:40 pm By Miklos Bolza

Spurred by the Banksia class action scandal, the federal government has implemented new regulations requiring litigation funders to manage conflicts of interest that arise when […]

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ACCC updated policies on witnesses after ‘flawed’ bank cartel probe, court hears
Competition & Consumer Protection 2021-11-30 10:36 pm By Miklos Bolza

A senior ACCC officer was probed Tuesday on whether the competition regulator updated its guidelines for taking witness statements in July in response to criticism […]

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Herbert Smith Freehills competition partner appointed ACCC commissioner
ACCC 2021-11-29 1:01 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has appointed an esteemed Herbert Smith Freehills competition partner who defeated some of the regulator’s most high-profile merger challenges […]

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ASIC gets time to mull class action’s bid to ring-fence $7.2M Dixon Advisory penalty
Financial Services 2021-11-25 1:59 pm By Cat Fredenburgh

A court has delayed a hearing on a bid by the applicant in a class action against Dixon Advisory to freeze a $7.2 million penalty […]

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Monsanto may face claim for exemplary damages in Roundup class action
Class Actions 2021-11-22 6:45 pm By Miklos Bolza

A class action on behalf of people who claim they developed non-Hodgkin lymphoma after using Monsanto’s Roundup weed killer will argue the agrochemical giant should […]

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Dixon Advisory class action wants court to hold penalty in ASIC case
Class Actions 2021-11-19 1:21 pm By Cat Fredenburgh

The applicant in a class action against self-managed superfund provider Dixon Advisory wants to intervene in ASIC’s proceedings, which the company agreed to resolve for […]

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