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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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Acciona may have ‘difficulty’ persuading court in spat over $696M Kwinana project
Energy & Natural Resources 2021-11-30 2:19 pm By Bianca Hrovat

A judge has granted a 21-day stay of a lawsuit brought by Acciona, a Spanish infrastructure company seeking to use COVID-19 as a reason to […]

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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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Judge approves $750,000 penalty against La Trobe Financial despite ‘considerable hesitation’
Financial Services 2021-11-29 11:57 am By Cat Fredenburgh

La Trobe Financial Asset Management will pay just $750,000 for misleading investors in its 48 hour and 90 day notice accounts over a period of […]

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Norton Rose wins appeal against sacked partner, but faulted for ‘serious error in judgment’
Employment 2021-11-26 7:14 pm By Bianca Hrovat

Law firm Norton Rose Fulbright has won its appeal of a $160,000 judgment in favour of former partner Thomas Martin, with the Full Federal Court […]

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AMP’s bid to declass insurance class action ‘antithesis’ of interests of justice, court rules
Class Actions 2021-11-26 2:36 pm By Bianca Hrovat

Financial services company AMP has lost its bid to de-class representative proceedings brought on behalf of 1.5 million insurance customers. The Piper Alderman and Shine […]

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SPC loses appeal of $1.2M judgment over Coca-Cola Amatil deal
Appeals 2021-11-23 9:22 pm By Cindy Cameronne

Melbourne-based joint venture Shepparton Partners Collective has lost its appeal of a $1.2 million judgment that found it infringed software developer QAD’s copyright by failing […]

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IOOF to face expanded misconduct allegations in shareholder class action
Class Actions 2021-11-19 3:35 pm By Miklos Bolza

A judge has given the green light to expanded misconduct allegations in a shareholder class action against IOOF, including claims of insider trading and front-running. […]

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‘Gentle’ trading in ANZ shares an individual decision by banks, ex-JPMorgan boss says
Competition & Consumer Protection 2021-11-16 6:27 pm By Cindy Cameronne

A former JPMorgan managing director has said the three investment banks at the centre of an alleged cartel made individual decisions to trade “gently” in […]

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