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Judge slams Andrews government for ‘opaque cover-up’ in hotel quarantine class action
Coronavirus 2022-06-07 6:45 pm By Cindy Cameronne

A judge has criticised the Andrews government for withholding information about the alleged transmission of COVID-19 to a security guard working in hotel quarantine in […]

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Insurer Bond & Credit Company points finger at Greensill Group
Insurance 2022-05-24 3:01 pm By Christine Caulfield

Insurer Bond & Credit Company has denied it owes damages over the collapse of the Greensill group, saying it issued a trade credit policy at […]

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Andrews government tries again to strike out hotel quarantine class action
Class Actions 2022-05-18 9:30 pm By Sam Matthews

The state of Victoria has asked a court to strike out a class action alleging lapses in its hotel quarantine program caused businesses to suffer […]

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GetSwift, directors drop appeal of judgment on ‘PR-driven’ approach to disclosures
Securities 2022-05-16 11:38 pm By Cat Fredenburgh

Logistics company GetSwift and its directors have dropped their challenge to a judgment that found the company breached its continuous disclosure obligations with its “PR-driven” […]

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IAG investigates underwriter accused of issuing unauthorised Greensill policy
Insurance 2022-04-07 9:53 pm By Miklos Bolza

Insurance Australia Group is investigating the underwriter behind an allegedly unauthorised trade credit policy issued to Greensill Capital, according to a defence by the insurer […]

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Connective directors hit with indemnity costs for ‘outrageous’ conduct in shareholder stoush
Securities 2022-04-06 4:55 pm By Miklos Bolza

The directors of mortgage aggregator Connective Services have been hit with indemnity costs for their “outrageous conduct” in pursuing litigation against a company shareholder, including […]

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Tokio Marine goes on the offensive, accuses Greensill of fraud
Restructuring & Insolvency 2022-04-04 10:15 pm By Cat Fredenburgh

Collapsed supply chain finance company Greensill Capital has been accused of fraudulently obtaining policies from its largest insurer, Japan-based Tokio Marine, which has been dragged […]

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Airbags class action judge failed to grapple with ‘unknowable’ explosion risk, appeals court hears
Class Actions 2022-03-29 11:01 pm By Sam Matthews

The plaintiff in a class action against Volkswagen over allegedly deadly Takata airbags has told an appeals court his case was misunderstood by the trial […]

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Macquarie a ‘knowing participant’ in Connective shareholder oppression, court says
Corporate 2022-03-28 8:57 pm By Miklos Bolza

Two directors of mortgage aggregator Connective engaged in oppressive conduct towards a minority shareholder and Macquarie Bank was a “knowing participant” when it acquired $5 […]

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Greensill says insurer BCC liable for misleading statements if IAG right
Insurance 2022-03-22 3:01 pm By Christine Caulfield

Insurance Australia Group agent Bond & Credit Company owes damages for misleading representations to Greensill Capital if the insurer was not authorised to enter into […]

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