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The corporate cop’s case against Westpac over allegedly irresponsible lending practices will go to trial after the Federal Court rejected the bank’s $35 million settlement.
Gadens to run consolidated Quintis class action, court hears
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A shareholder class action led by Bannister Law against sandalwood oil producer Quintis will be absorbed by rival law firm Gadens in a consolidation agreement that ends a battle over the competing cases.
ACCC launches competition case against NSW Ports over 50-year deal with state
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The competition watchdog is taking NSW Ports to court alleging a 50-year agreement with the state, signed when Port Botany and Port Kembla were privatised five years ago, was anti-competitive.
Labor MP Emma Husar files defamation suit against Buzzfeed
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Labor MP Emma Husar is suing publisher Buzzfeed for defamation over an article and two social media posts that claimed she exposed herself to an employee and bragged about her sexual relationships.
IOOF faces action by APRA, potential shareholder lawsuit
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Australia’s financial regulator is seeking to have top executives and directors of IOOF disqualified from acting as superannuation trustees, the watchdog said Friday, as Shine Lawyers revealed it has been investigating a possible class action against the financial services firm for a year.
Contractors may be dragged into Sydney light rail class action
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The NSW Government is mulling cross-claims against construction firms ALTRAC and Acciona in a class action alleging the government failed to minimise disruptions from the Sydney light rail project.
Slater & Gordon looks to bow out of AMP class action beauty parade
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And then there were four. Plaintiffs law firm Slater & Gordon wants to consolidate its AMP shareholder class action with Maurice Blackburn’s case and hand over the reins to its rival, a deal signed the day the Full Federal Court affirmed the power of judges to shut down competing class actions.
Hastie liquidators offer to settle with builders over $124M in unpaid bills
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Hastie Group’s liquidators have offered to drop their $124 million case against two dozen major builders if the companies agree to pay an undisclosed sum toward their unpaid bills, a court heard Friday.
Law firm profits soar as competition for talent heats up
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Australian law firm profits jumped 8.2 per cent in the past financial year amid heightened demand for legal services, according to a recent report, which predicts a battle for top talent is afoot.
Insurance broker JLT hit with class action over excessive premiums
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Quinn Emanuel has hit global insurance broker Jardine Lloyd Thompson with a class action for allegedly charging local councils in NSW hundreds of millions of dollars in excessive premiums over the past nine years, and the firm says there may be more lawsuits on the horizon.