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Two failed class actions against CBA claim a judge used a “far too onerous test” for materiality in deciding whether the bank should have told the market about deficiencies in its anti-money laundering systems.
Fletcher can’t pry into judge’s background as law firm class action head
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Evidence sought by Fletcher Building from a judge’s former law firm as part of the construction company’s recusal bid is inadmissible, a court has ruled.
Court OKs stolen wages settlement, holds off on ‘eye-watering’ fees
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A court has approved a settlement worth up to $202 million in a stolen wages class action against the government, but will hear further argument on the legal costs of the case.
‘Out of licence and out of control’: Maxim seeks injunction against licensee
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US men’s magazine Maxim is seeking an injunction against its “out of control” Australian licensee, which it accuses of running modelling tours for an offshoot brand that are below its standards.
ASIC takes NAB to court over customer hardship claims
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The corporate watchdog is suing the second Big Four bank in two months, alleging NAB mishandled hundreds of hardship applications from vulnerable customers.
Seven settles lawsuit by ex-Spotlight reporter
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Seven Network has resolved a workplace lawsuit by former Spotlight reporter Amelia Saw, but the details of the settlement, like the case itself, are under wraps.
Class action over ‘cookie cutter’ legal advice says declassing application should wait
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A class action alleging Knowmore Legal Service provided negligent “cookie cutter” legal advice to sexual abuse survivors has argued a hearing on declassing and strike-out applications should be put on hold.
Holding Redlich adds two MinterEllison partners to Canberra team
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Law firm Holding Redlich has snagged two MinterEllison partners to grow its Canberra office and bolster its offering to government clients.
Settlement reached with ‘highly unethical’ mastermind of Banksia class action
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Entities linked to late solicitor Mark Elliott have offered a settlement to end the pursuit of damages for Banksia class action members, but the deal would leave a significant sum held on trust by the Elliott parties out of reach.
Full Court cites ‘wider relevance’ of copy and paste judgment
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The Full Court has granted a bid for a costs certificate by a former Atanaskovic Hartnell general manager whose win in an employment suit was overturned due to a judge’s “uncritical copying and pasting” of submissions.