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United can’t boot judge from final hearing in Freehills case
Corporate October 9, 2018 11:57 pm By Miklos Bolza

Australian petrol retailer United Petroleum has lost a bid to disqualify a judge from a final hearing on costs in its unsuccessful battle against law […]

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Ponzi schemer’s co. to face claims in Westpac class action
Class Actions October 8, 2018 8:28 pm By Cat Fredenburgh

A Federal Court judge has allowed the plaintiffs in a class action alleging a unit of Westpac failed to detect the fraud of convicted Ponzi […]

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Aviation 3030 investor can’t duck security because of ASIC’s suit
Securities October 5, 2018 11:14 pm By Christine Caulfield

An investor suing property investment group Aviation 3030 can’t avoid payment of half a million dollars in security for litigation costs because of a parallel […]

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UGL class action funder to earn up to 30% commission
Class Actions October 5, 2018 2:09 pm By Christine Caulfield

The litigation funder backing a class action against engineering company UGL over disclosures related to the ballooning costs of its Ichthys power project could pocket […]

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Macmahon pays $6.7M to settle shareholder class action
Class Actions October 4, 2018 4:28 pm By Cat Fredenburgh

Macmahon Holdings has agreed to pay $6.7 million to settle a shareholder class action alleging the mining company failed to provide adequate disclosures about the […]

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Blue Sky reveals $4.1M in incorrectly charged fees
Securities October 2, 2018 12:43 am By Cat Fredenburgh

Investment manager Blue Sky, which is currently facing three shareholder class action investigations, has admitted to incorrectly charging $4.1 million in fees to certain funds […]

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Westpac class action funder agrees to net commission
Class Actions September 28, 2018 4:40 pm By Cat Fredenburgh

The funder underwriting a class action against Westpac will take a 25 percent cut of the net — not gross — recovery sum to secure […]

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Judge shoots down Sirtex bid for class closure order
Class Actions September 27, 2018 10:03 pm By Cat Fredenburgh

A judge has rejected an application by biotech company Sirtex Medical to limit a class action to shareholders who register as group members in the […]

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AGM denied anti-suit injunction to block ASIC case
Financial Services September 27, 2018 9:41 pm By Cat Fredenburgh

A judge has shot down a request by financial services company AGM that the court block an ASIC proceeding seeking to revoke its financial services […]

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Ex-Sirtex CEO charged with insider trading
Securities September 26, 2018 1:24 pm By Cat Fredenburgh

The former CEO of biotech company Sirtex Medical has been charged with insider trading. Gilman Edwin Wong appeared yesterday at the Downing Central Local Court […]

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