The state of Victoria has attacked the “magical thinking” of a class action over its COVID-19 hotel quarantine debacle, as the applicants seek to plead an alternative case holding the state responsible for a wave of infections.
A law firm fighting for carriage of class actions against Hyundai and Kia has argued competing proceedings with a lower funding rate should not have a leg up, saying the rival firm’s budget was a “fantasy”.
The state of Victoria has sounded alarm bells about an amendment application by a class action over the COVID-19 hotel quarantine debacle, telling a judge it amounts to a new case with an “infinite number of permutations”.
A judge has thrown out a notice to produce issued by an Australian company being targeted by UK genomic sequencing company Oxford Nanopore Technologies, calling its bid for board minutes and other documents a “fishing expedition”.
Insurer Marsh has fired off a cross-claim against Swiss bank UBS in several cases brought over Greensill’s $1.7 billion collapse.
The owner of the Callide power station in Queensland, IG Power, has won court approval for a recapitalisation that will see major shareholder Sev.en inject millions to cover its debts.
Brokerage firm International Capital Markets says a class action over risky financial products must put up or shut up when it comes to claims in the case that neither applicant has standing to bring.
Applicants in class actions against Hyundai and Kia have complained they are being left in the dark about whether a competing set of cases will amend their pleadings ahead of next month’s law firm carriage fight.
A judge has agreed to delay a trial by five months in a group of cases over supply chain finance company Greensill’s $1.7 billion collapse, over the vehement protests of the firm’s administrator.
Class actions against Hyundai and Kia say they need a third round of document discovery, two years into the cases, but a judge has said the applicants should first detail the alleged engine defects at issue.