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Major banks hit back at rate-rigging class action, argue claims are barred
Five major banks including JPMorgan, Citibank and UBS have denied all wrongdoing in a class action accusing them of entering a cartel agreement to rig foreign exchange rates and argue the claims were brought out of time or are barred by settlements in overseas proceedings.
J&J won’t contest follow-on pelvic mesh class action
An additional 1,200 women who were implanted with defective pelvic mesh devices will be eligible for compensation after Johnson & Johnson unit Ethicon agreed that findings in an earlier class action which it unsuccessfully fought all the way to the High Court should apply to a follow-on class action.
WSP to target another insurer over Opal Tower class action coverage after discovering $50M policy
The structural engineer behind Sydney's Opal Tower plans to drag insurer Tokio Marine into a lawsuit against two of Icon's insurers, after discovering another $50 million policy that responds to claims in a class action brought by apartment owners.
ASIC did not threaten security firm with alleged links to bikie gang, court finds
ASIC did not issue threats to a Sydney security company that was being investigated for links to outlaw bike gangs and defrauding the Commonwealth, according to a judge who found the corporate regulator legally terminated its contracts with the company.
Colonial First State settles MySuper class action for $56M on eve of trial
Colonial First State will pay $56.3 million to settle a class action that accused the wealth management group of delaying the transfer of $3.2 billion in customer funds to low cost MySuper accounts.
Slater & Gordon touts superior track record in battle to lead Beach Energy class action
Two heavyweight plaintiff firms battled it out Friday to run a shareholder class action against Beach Energy, with Shine Lawyers saying it should be rewarded for setting the price of the contingency fees sought in the case and Slater & Gordon arguing it has a better track record in class actions.
Full Court ruling on MIS regime may not resolve funding issues in RFG class action, court hears
A case before the Full Court that will revisit the question of whether class actions are managed investment schemes may not resolve all of the funding controversies that have emerged in a class action against franchise giant Retail Food Group, a court has heard.
Atanaskovic Hartnell founder abused, belittled ex-general manager, court finds
Sydney law firm Atanaskovic Hartnell has been ordered to pay more than $160,000 to a former general manager who was found by a court to have been the victim of a "campaign of denigration" by one of the firm's founders.
Qantas engineers lose appeal over COVID-19 stand down orders
Aircraft engineers for Qantas have lost a challenge to a ruling that the airline had no "genuine choice" when it stood them down in March 2020 during the COVID-19 pandemic.
Nine ‘fishing’ for defence in barrister’s defamation case over cavoodle custody battle, court hears
A barrister who has sued Nine over its coverage of her battle for custody of famed social media pooch Oscar the cavoodle has accused the media company of seeking to delay filing a response to the lawsuit so that it can 'fish' for a defence.