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HWL Ebsworth has won final orders barring unknown Russian-linked hackers from disseminating confidential information stolen during an April 2023 cyberattack.
Suncorp’s AAI fights for class closure in insurance class action
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Suncorp subsidiary AAI has asked a court to order soft class closure in a group proceeding over allegedly worthless insurance, saying it was “passing strange” that over 200,000 group members “don’t know they’re even group members” three years into the case.
Ex-Linchpin director hit hardest in ASIC case files appeal
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The former director of collapsed investment advisor Linchpin Capital hit hardest by a judgment disqualifying him and three other directors and levying a combined $390,000 in penalties has filed an appeal.
PwC accused of ‘hiding behind’ legal privilege to shield Linklaters report
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PricewaterhouseCoopers has been slammed for refusing to release a report by law firm Linklaters into alleged wrongdoing by international partners, with a senator saying the firm was “hiding behind” privilege after it made thousands of such claims during an ATO investigation.
Third law firm ‘waiting in the wings’ to file class action against IC Markets
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International Capital Markets may soon face a third class action, a court has heard, as the first two class actions to be filed against the Sydney-based online broker over risky contracts for difference mull consolidation.
‘Not a suitable vehicle’: Judge rejects bid to knock out Aldi class action
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A judge has dismissed Aldi’s bid to have a class action alleging it underpaid Australian workers to the tune of $150 million summarily dismissed, saying the application was “not a suitable vehicle” to determine factual issues including whether a $17 million remediation nullifies the class action’s claims.
Block Earner needed financial services licence to offer crypto product, court says
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Digital currency exchange Block Earner needed a licence to offer its crypto-backed Earner product, a court has found in one of the first decisions on the application of financial services law to crypto investments.
Judge says settlement offers should operate as bulwark against costs in class actions
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A judge has held that there could be favourable costs consequences for Carnival if its rejected $15 million settlement offer in the Ruby Princess class action turns out to be more generous than the ultimate damages award, departing from a previous ruling that so-called Calderbank offers do not operate in group proceedings.
‘Smoke and mirrors’: Court puts spotlight on public servant pay workarounds in BOM exec’s case
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A former Bureau of Meteorology senior executive was unfairly fired after taking a business-class trip to Paris, a court has found in a case that shines a light on the practice by government agencies to get around remuneration limits on public servants.
Freight operators have a cow over port direction holding up vessel with $5.2M in cattle
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Two marine freight companies have lost a fight with a local council which refused to allow it to unload 3,000 head of cattle at Apollo Bay in Victoria, with a judge finding they were “the architects of their own misfortune” for striking a deal with a beef company before securing permission to berth at the port.