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Judge ‘tempted’ to allow Arrium liquidator to give expert evidence at trial
A judge has indicated that he will allow Arrium Group's liquidator to give expert evidence at an upcoming trial in proceedings against the steel giant's former directors over its $4 billion collapse, despite his other role as a party in the case.
Westpac fires back in class action, says car loan borrowers could have shopped around
Westpac has hit back at a class action accusing it of colluding with car dealers on a "shonky" car loan scheme that allowed them to hike up interest rates to earn higher commissions, saying consumers could have shopped around for a better deal.
Judge won’t allow new claims against Herbert Smith Freehills over Arrium Group collapse
A judge has refused a bid to bring claims against law firm Herbert Smith Freehills in one of three lawsuits that will soon head to trial over the $4 billion collapse of steel giant Arrium Group.
Judge refuses class action’s bid to amend forex cartel case against banks
A judge has sided with five investments banks and rejected a bid to amend a class action alleging a series of cartel agreements to rig foreign exchange rates, saying there were "substantial problems" with the proposed pleadings.
Concerns about courts wading into funding commission rates ‘exaggerated’, judge says
Concerns behind criticism that courts aren't equipped to assess a class action funder's commission are exaggerated, and the fixing by judges of reasonable remuneration, at least in other cases, is nothing new, a Federal Court judge has said.
Woolworths to pay $44.5M to settle shareholder class action
A $100 million shareholder class action against supermarket giant Woolworths has settled for $44.5 million, a few days before a 15-day trial was set to begin.
The top litigation law firms of 2020
Lawyerly's Litigation Firms of 2020 delivered significant victories for clients last year in bet-the-company matters, thriving in a tumultuous year that saw courts and litigants adapt to virtual trials and other new norms that are sure to outlast the COVID-19 pandemic.
Accused NAB scammer Helen Rosamond can’t vary freezing order to pay legal bills
NAB has succeeded in blocking accused scammer Helen Rosamond and her executive services company Human Group from varying a freezing order in a case over an alleged $51 million fraudulent scheme so that she can pay her legal bills and living expenses.
$100M Woolworths shareholder class action set for February hearing
Trial is set to begin February 2 in a $100 million shareholder class action against Woolworths over a February 2015 profit downgrade that allegedly led to a drop in the company's share price.
Bank of Queensland manager unfairly dismissed for ‘careless’ mistake, FWC says
The Fair Work Commission has found a Bank of Queensland manager was unfairly dismissed despite making a "careless" mistake which led to a fraudster nabbing nearly $40,000 of a customer's money.