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Rio Tinto execs’ trial vacated given likelihood of COVID-19 vaccine
A judge has vacated a seven-week trial in proceedings brought by ASIC against two former Rio Tinto executives to March or April 2022, after they requested a "lengthy delay" to ensure a COVID-19 vaccine would be available before they travel to Australia for trial.
Late document dump in Banksia class action a ‘professional disgrace’, court told
Last-minute discovery of emails by the solicitor facing accusations of complicity in a fraudulent scheme by his father and the barristers leading a class action over the collapse of Banksia Securities has been labelled a "professional disgrace" that has twice delayed his trial.
Banksia class action judge shoots down barrister’s proportionate liability notice
The judge overseeing a trial over alleged misconduct by lawyers behind the Banksia class action has blasted a bid by disgraced senior counsel Norman O'Bryan to file a notice of proportionate liability ahead of his turn in the witness stand, saying the notice flew in the face of the barrister's decision to concede defeat in the case.
Former solicitor general to act as contradictor in GetSwift recusal appeal
Former solicitor general Justin Gleeson SC has been appointed contradictor in GetSwift's battle to have the judge overseeing a shareholder class action disqualify himself from the proceedings after overseeing the trial in ASIC's case against the logistics provider.
CIMIC looks to strike out class action over $1.8B writedown
Engineering services company CIMIC is looking to strike out a shareholder class action alleging it failed to keep the market informed about issues with its Middle East operations.
Rio Tinto execs’ trial can wait until COVID-19 vaccine, court hears
A former Rio Tinto executive living in the US who wants to appear in person at an upcoming trial in a case brought by ASIC says the hearing should be moved to next year when a COVID-19 vaccine will likely become available and he could travel to Australia to "mount a vital defence".
Class action filed against major childcare operator G8 Education
Australia’s largest childcare centre operator G8 Education has been hit with a shareholder class action alleging the company failed to keep investors in the loop about increased costs and occupancy rates affecting its 2017 financial performance.
Silk Norman O’Bryan called to take stand in Banksia class action
Senior barrister Norman O'Bryan, who has conceded that he should be struck from the roll for his conduct in an alleged class action fee scandal, has been subpoenaed to give evidence for lawyer Alex Elliott, the son of O'Bryan's co-conspirator.
Shareholders appeal dismissal of Worley class action
Shareholders who lost a Federal Court trial in their class action against engineering company Worley are challenging the decision to dismiss the case.
Judge ‘currently minded’ to approve GetSwift’s Canadian relocation bid with caveats
A judge has said she was “currently minded” to sign off on a scheme of arrangement that would see last-mile logistics software firm GetSwift relocate to Canada, but has sought further submissions on whether any Australian civil penalties sought against the company by ASIC would be enforceable in the Canadian courts.