Most Recent
ASIC asks High Court to clarify meaning of ‘officer’
Corporate January 16, 2019 9:58 pm By Miklos Bolza

ASIC is seeking approval from the High Court to appeal a judgment that let a former director of Gold Coast finance company MFS Group partially […]

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Judge approved ‘unusual’ $36.5M class action deal because of Slater & Gordon’s ‘dire’ financials
Class Actions January 9, 2019 11:07 pm By Christine Caulfield

A judge who signed off on a contested $36.5 million settlement to resolve a $1 billion class action against Slater & Gordon has explained his […]

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JP Morgan wins bid to keep ANZ probe docs confidential
Securities January 8, 2019 9:52 pm By Cat Fredenburgh

JP Morgan, the reported whistleblower behind a criminal cartel case against ANZ, Deutsche Bank and Citigroup over a $2.5 billion share placement, has won its […]

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Judge greenlights MWL derivative suit against Focus Financial
Corporate January 7, 2019 11:42 am By Miklos Bolza

Majority shareholders in MWL Financial have won court approval to bring a derivative suit against US-based Focus Financial Partners over an acquisition gone sour. Federal […]

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Theft of Hastie audit docs from Deloitte’s litigation room ‘troubling’, judge says
Class Actions January 4, 2019 11:25 pm By Christine Caulfield

In a situation a judge has called “extraordinary and troubling”, Deloitte’s files on failed construction company Hastie — sought as evidence by shareholders in a […]

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Ashley Services settles shareholder class action over $67M loss
Class Actions January 4, 2019 11:10 pm By Christine Caulfield

A multi-million dollar settlement has been reached in a shareholder class action against private training company Ashley Services over its $67 million tumble two years […]

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Appealing GetSwift class action ruling comes at a cost, Full Court says
Appeals December 20, 2018 1:33 pm By Christine Caulfield

The law firms that challenged a ruling staying their cases against GetSwift gave the Full Federal Court a chance to guide judges managing competing class […]

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Judge picks winner in BHP class action contest
Class Actions December 18, 2018 11:52 pm By Christine Caulfield

A judge has chosen a winner in a battle of law firms vying to run a massive shareholder class action against BHP over the fatal […]

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MFS execs lose appeal over $147.5M in misused funds
Financial Services December 18, 2018 5:56 pm By Miklos Bolza

Three former executives of failed Gold Coast finance company MFS Group have lost their challenge to a ruling that they misappropriated $147.5 million in funds […]

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Big victory for ASIC and for investors in managed investment schemes
Expert Insights December 18, 2018 5:51 pm By Dr Michael Duffy, Monash University

The High Court’s decision last week in the Prime Trust matter (Australian Securities & Investments Commission v Lewski and Ors [2018] HCA 63) is a […]

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