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Mayfair’s James Mawhinney wants High Court to shut down ASIC case
The founder of beleaguered investment group Mayfair 101, James Mawhinney, has asked the High Court to overturn his own successful Full Court appeal of a decision that saw him banned from soliciting funds or promoting any financial product for 20 years.
Ruby Princess COVID-19 outbreak ‘no accident’, class action trial hears
A COVID-19 outbreak aboard the Ruby Princess that left 28 people dead was “something that was very likely to happen” and the cruise should never have sailed, a court heard as a class action trial against Carnival PLC kicked off.
‘Utterly hopeless’: Ex-commando pans ABC’s truth defence to war crimes coverage
A former special forces commander who has sued the Australian Broadcasting Corporation over stories that allegedly imply he committed war crimes in Afghanistan is seeking to throw out the broadcaster’s truth defence, a court has heard.
Class action wants AMP, Clayton Utz emails over controversial fees for no service report
A class action over AMP's fees for no service practice wants communications with law firm Clayton Utz that led up to a report that allegedly went through 25 rounds of edits with the wealth manager's inhouse lawyers before being presented to the corporate regulator as independent.
High Court ends BHP’s campaign to exclude foreign investors from class action
BHP Group has lost its High Court battle to keep foreign investors from an Australian shareholder class action over the devastating collapse of a Brazilian dam.
Paltry pay day for IPO Wealth investors as $5.6M class action settlement approved
Investors in Mayfair Group’s collapsed IPO Wealth Fund have clawed back only a fraction of their alleged $67 million losses after a judge approved a settlement in a class action alleging the fund’s trustee misled unit holders.
PTTEP’s appeal of class action ruling delayed as lawyers, funder engage in secret stoush
PTTEP Australia's appeal of a class action finding that it breached a duty of care to thousands of farmers impacted by the 2009 Montara oil spill has been put on hold amid a fight between the funder and lawyers that is cloaked in confidentiality.
Optus faces data breach probe by privacy regulator
The Office of the Australian Information Commissioner has opened an investigation of Optus following last month's cyberattack, centering on the adequacy of the teleco's privacy practices.
Funder’s commission holding up Opal Tower class action settlement
A $13 million commission sought by the funder that bankrolled the Opal Tower class action is stalling settlement approval, as debate continues over whether the funder can recoup the costs of after-the-event insurance from group members.
Employsure suffers partial loss in appeal by defecting employees
Workplace relations heavyweight Employsure has suffered a partial defeat in appeals brought by rival ELMO Software and two former employees seeking to jump ship to a competitor.