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Surfstitch, shareholders to make ‘last, final attempt’ at class action settlement
Class Actions August 9, 2019 8:07 pm By Amelia Birnie

The parties in two shareholder class actions brought against online fashion retailer Surfstitch will make one “last, final attempt” to resolve the proceedings in mediation […]

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UGL settles shareholder class action over $900M Ichthys LNG project
Class Actions August 9, 2019 4:54 pm By Cat Fredenburgh

Engineering company UGL has reached an in-principle settlement in a class action alleging it kept shareholders in the dark about problems with a $900 million […]

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Burford Capital’s accounting practices targeted by US short-seller
Business of Law August 8, 2019 10:24 pm By Cat Fredenburgh

Burford Capital has come under fire by a US short-seller which claims the litigation funder has engaged in misleading accounting practices and is a “poor […]

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Full Court docket stacked with class action appeals
Appeals August 8, 2019 10:54 pm By Christine Caulfield

The Full Federal Court is set to hear appeals in four class actions in the August sitting, giving the court a chance to address important […]

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Gaming regulator launches inquiry into James Packer’s Crown shares sale
White Collar August 8, 2019 10:19 pm By Christine Caulfield

The NSW Independent Liquor & Gaming Authority will hold a public inquiry with the powers of a royal commission to examine James Packer’s proposed sale […]

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RCR Tomlinson class actions to be consolidated whether parties ‘agree or not’
Class Actions August 5, 2019 6:15 pm By Amelia Birnie

The judge overseeing three competing shareholder class actions brought against RCR Tomlinson has refused to entertain a beauty contest, instead deciding to consolidate the proceedings […]

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London City Equities wins bids to expand case against Ernst & Young over Penrice collapse
Restructuring & Insolvency August 5, 2019 10:49 pm By Christine Caulfield

Investment firm London City Equities has secured court approval to bring an expanded case against accounting giant Ernst & Young over its auditing of collapsed […]

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Judge says ASIC should have brought Murray Goulburn bosses to court ‘a long time ago’
Securities August 2, 2019 11:59 pm By Christine Caulfield

A judge on Friday asked the corporate regulator why it delayed action against former Murray Goulburn managing director Gary Helou and CFO Bradley Hingle until […]

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ASIC ‘plucking numbers out of the air’ in penalty hearing for Vocation execs, court told
Securities July 31, 2019 8:15 pm By Amelia Birnie

Lawyers for former Vocation CEO Mark Hutchinson say the corporate regulator is “plucking numbers out of the air” in its bid to secure disqualifications of […]

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Judge says shareholder class action against Brambles ‘taking too long’
Class Actions July 31, 2019 2:43 pm By Christine Caulfield

A judge overseeing a shareholder class action against chain logistics company Brambles has expressed frustration with the parties, who are locked in an unresolved discovery […]

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