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Funder wants 25% of recovery in class action over ‘illusory’ vehicle warranties
Class Actions 2019-08-14 9:23 pm By Christine Caulfield

The funder behind a class action against a unit of car leasing company McMillan Shakespeare for allegedly engaging in unfair tactics when selling car warranties […]

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ICAP scolded for ‘interlocutory skirmishes’ in employee poaching spat
Employment 2019-08-14 3:57 pm By Miklos Bolza

A judge has criticised two units of global finance firm TP ICAP Group for “unnecessary and over technical interlocutory skirmishes” as they seek damages from […]

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UGL settles shareholder class action over $900M Ichthys LNG project
Class Actions 2019-08-09 4:54 pm By Cat Fredenburgh

Engineering company UGL has reached an in-principle settlement in a class action alleging it kept shareholders in the dark about problems with a $900 million […]

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Lendlease points finger at shareholders in class action defence
Class Actions 2019-08-08 5:58 pm By Miklos Bolza

Construction giant Lendlease has filed its defence in one of two shareholder class actions filed against it, saying any losses investors allegedly suffered were wholly […]

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Judge says ASIC should have brought Murray Goulburn bosses to court ‘a long time ago’
Securities 2019-08-02 11:59 pm By Christine Caulfield

A judge on Friday asked the corporate regulator why it delayed action against former Murray Goulburn managing director Gary Helou and CFO Bradley Hingle until […]

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ACCC proposals could hurt more than just Google and Facebook
Competition & Consumer Protection 2019-08-02 9:08 pm By Cat Fredenburgh

While the Australian Competition and Consumer Commission has set out to rein in the market power of Google and Facebook, the sweeping proposals in the […]

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ASIC dragged ‘kicking and screaming’ to produce docs, ex-Tennis Australia director says
ASIC 2019-08-01 8:55 pm By Miklos Bolza

Former Tennis Australia director Harold Mitchell has told a court that the corporate regulator had to be dragged “kicking and screaming” to produce documents in […]

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Ex-Tennis Australia’s Harold Mitchell wants ASIC’s evidence from deceased former director
ASIC 2019-07-30 2:03 pm By Cat Fredenburgh

Ex-Tennis Australia director Harold Mitchell, facing enforcement action by ASIC alleging he breached his duties in awarding Australian Open broadcast rights to the Seven Network, […]

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Judge promises no ‘mystery tour’ in Takata air bags class actions
Class Actions 2019-07-25 4:23 pm By Miklos Bolza

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 […]

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Iluka threatens class action dismissal bid amid ongoing funding concerns
Class Actions 2019-07-24 9:19 pm By Amelia Birnie

Mineral sands producer Iluka Resources is threatening a dismissal bid in a shareholder class action it has spent $2 million fighting over the past year, […]

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