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Judge wants to hear AUSTRAC class actions against CBA before he retires, literally
The judge overseeing class actions against Commonwealth Bank over its money laundering compliance failures has threatened to force the parties to go to trial by a certain date if they can't agree to "sensible" time limits to ready the case for hearing, noting he would reach retirement age in 2024.
Funder wants Full Court to throw out landmark class action ruling
The funder backing a class action accusing two energy generators of gaming Queensland's energy prices wants the Full Court to find the landmark Brookfield Multiplex ruling, which held that a litigation funding arrangement for a class action was a managed investment scheme, was wrongly decided.
ASIC seeks $40M penalty against NAB over inadequate fee disclosures
National Australia Bank has admitted in court it broke the law by charging fees it was not entitled to collect, but the bank and the corporate regulator are $25 million apart on what is an appropriate penalty.
Full Court should decide whether Qld energy class action is managed investment scheme, court told
The Full Court should determine whether a class action accusing two state-owned energy generators of gaming Queensland's energy pricing system needs to comply with regulations requiring litigation funders to register class actions as managed investment schemes, a court has been told.
Qantas loses TWU’s challenge to ground staff outsourcing move
Qantas has lost a case brought by the Transport Workers Union that challenged the airline’s decision to axe 2,000 staff and replace them with “insecure” labour hire workers, with a judge finding Qantas boss Andrew David outsourced ground operations partly to prevent employees engaging in industrial action.
First ruling on class action firm’s contingency fee bid imminent, judge says
A landmark ruling on a bid for a contingency fee in a class action is close, a judge said Tuesday as she heard argument in a class action against Treasury Wine Estates on whether an opt out notice should be sent to shareholders ahead of a group costs order.
‘The only viable path back to normal’: Law firms make push to vaccinate staff
While employers cannot force employees to get a COVID-19 vaccine, law firms are launching campaigns to encourage staff to sign up for the jab.
‘Pretty unimpressed’: Judge reluctantly puts JLT class action on hold
A judge has put off next month's trial in one of two class actions brought by local councils against insurance JLT Risk Solutions over allegedly excessive premiums, but said the adjournment application would likely have failed if either side had put up a fight.
CBA class action applicant can’t share in group members’ privilege, court finds
The lead applicant in a class action against CBA does not have the right to view fund management documents relevant to the case despite representing group members who share joint privilege with the bank over material, a judge has said, acknowledging the decision could create difficulties in class action proceedings.
Seven launches courtroom battle to save ‘7Now’ trade mark
Seven Network has filed Federal Court proceedings after convenience store chain 7-Eleven succeeded in having its '7NOW' trade mark removed for non-use.