VW faces class action over Takata airbags

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Quinn Emanuel has filed a class action against Volkswagen over cars fitted with defective Takata airbags, the seventh class action filed by the firm in what’s been touted as one the largest consumer class actions in Australia.

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Expert reports by Geoffrey Rush’s buddies should be inadmissible, Nationwide says

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Nationwide News says two expert reports written by a friend and agent of actor Geoffrey Rush should be thrown out because the two are advocates for Rush, as the first week in the closely watched defamation trial wrapped up.

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Sydney light rail class action ‘very best thing’ for gov’t: judge

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The judge overseeing a class action filed on behalf of business owners over the Sydney light rail construction has cautioned the NSW government against filing a de-class motion, saying a class action may be the “very best thing” for the government.

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Murray Goulburn weighs cost-capping bid in class actions

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Murray Goulburn has told a judge it may seek to cap costs in two shareholder class actions that centre on a 2016 profit forecast revision, taking a page from the playbook of baby food maker Bellamy’s.

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ANZ to get ASIC probe docs in $2.5B share placement case

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ASIC has been given a little over a month to provide ANZ with documents it collected during the course of its investigation into a $2.5 billion ANZ share placement, as the bank, which is facing a related criminal cartel case, mulls whether to file an application to stay the regulator’s action.

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Judge urges class action lawyers to solve multiplicity problem

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Blasting the battle of competing class actions as a fight for the “commercial interests” of litigation funders not class members, a judge has called on lawyers for two shareholder actions against Brambles to settle the dispute themselves.

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ACCC’s Sims wins three-year term extension

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ACCC boss Rod Sims has won a five-year extension of his term as Chair, ensuring the high energy regulator will continue to make good on its promises of higher fines and tougher enforcement of the nation’s competition and consumer laws.

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