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Funders’ cut, legal fees to eat up half of $40M RCR Tomlinson class action settlement
Class Actions 2024-01-09 11:56 pm By Christine Caulfield

The funders that bankrolled a securities class action against collapsed engineering firm RCR Tomlinson will ask the court to give them an $8 million cut […]

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ANZ appeals disclosure breach finding over $2.5B share placement
Financial Services 2023-12-14 4:58 pm By Christine Caulfield

ANZ will appeal a ruling that it breached its continuous disclosure obligations when it failed to inform the ASX of a bailout by the underwriters […]

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ANZ hit with $900,000 penalty for share placement disclosure failures
Securities 2023-12-08 3:38 pm By Christine Caulfield

ANZ’s failure to disclose a bailout by banks underwriting a $2.5 billion share placement has resulted in a penalty of less than $1 million, ending […]

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Qantas stands by defence in ghost flights case
Competition & Consumer Protection 2023-12-04 9:54 pm By Cat Fredenburgh

Qantas has hit back the ACCC’s argument that the airline failed to respond to key allegations in its ‘ghost flights’ case, telling the court it’s […]

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Ex-ANZ unit hit with $5M penalty for fees-for-no-service conduct
Superannuation 2023-11-29 4:40 pm By Cat Fredenburgh

Former ANZ superannuation trustee OnePath Custodians has been hit with a $5 million penalty for charging superannuation members more than $4 million in fees that […]

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ACCC calls out Qantas for ‘failure’ to respond to key claims in landmark case
Competition & Consumer Protection 2023-11-08 1:58 pm By Sam Matthews

The ACCC has raised concerns over Qantas’ alleged failure to respond to claims in a blockbuster case against the airline over the sale of tickets […]

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Flight times not guaranteed, Qantas says in defence of ‘ghost flights’ case
Competition & Consumer Protection 2023-10-30 1:47 pm By Cindy Cameronne

Qantas has hit back at the ACCC’s case alleging it sold thousands of tickets on cancelled flights for commercial gain, saying airlines cannot guarantee flights […]

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Dixon Advisory director wants to shield law firm’s advice in ASIC case
Restructuring & Insolvency 2023-10-27 1:32 pm By Sam Matthews

Former Dixon Advisory director Paul Ryan will ask the court for a suppression order protecting advice by a Big Six firm, as he defends ASIC’s […]

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SARB wins stay in patent dispute over Melbourne’s parking system
Intellectual Property 2023-10-18 3:46 pm By Cindy Cameronne

Tech company SARB has won a stay of orders barring it from selling its sensor-based system which the city of Melbourne uses for timing parked […]

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ANZ breached continuous disclosure rules during $2.5B share placement, court finds
Securities 2023-10-13 5:08 pm By Cindy Cameronne

A judge has handed down a landmark decision finding ANZ breached continuous disclosure rules by failing to disclose a $750 million bailout by underwriters Deutsche […]

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