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Contracts for difference are again the target of a potential class action against an online broker on behalf of inexperienced investors who allegedly lost hundreds of millions of dollars.
White Oak claims insurer owed a novel duty of care in $6B Greensill cases
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Lender White Oak Commercial Finance will bring a novel claim against insurer Bond & Credit Company alleging it owed a duty of care to disclose an investigation into Greensill when it bought securities from the collapsed financier’s German-based bank.
Monsanto loses bid to throw out ‘cut and paste’ expert evidence in Roundup class action
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Monsanto can’t throw out the evidence of an expert for the plaintiff in a class action over its Roundup product who has testified that the company engaged in criminal conduct in trying to bury scientific reports on the popular weed killer’s alleged cancer-causing properties.
Judge to take on Heston Russell costs assessment after reports of $2M in fees
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The judge overseeing ex-commando Heston Russell’s defamation case against the ABC over reporting of alleged war crimes will be involved in assessing his costs after media reports put his lawyers’ fees at $2 million.
Diversity clause in Victorian Bar constitution fails to win the votes
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Barristers in Victoria have voted against changes to the Bar’s constitution to include the promotion of diversity and prevention of discrimination as part of the organisation’s goals.
India can’t avoid $111.3M arbitral award over aerospace investments
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The Indian government has lost its bid to dodge a $111.3 million arbitral award in a dispute with three Mauritian companies that invested in Indian satellites, with a judge finging the country waived its foreign state immunity.
Citibank wants class closure before evidence in rate-rigging case
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Citibank has argued group members should be asked to sign on to a class action accusing five major banks of entering a cartel agreement to rig foreign exchange rates before evidence is filed in the case, saying it was impossible to know how much the claims were worth.
Journalist claims PTSD from bushfire reporting in suit against Ten
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Ten wants to stay a sex discrimination claim brought by journalist Tegan George in light of separate personal injury proceedings seeking damages from the broadcaster over PTSD allegedly caused by reporting from the 2019-2020 bushfires.
Victorian healthcare providers stung with junior doctors class action
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Two more Victorian healthcare providers have been hit with a class action on behalf of junior doctors alleging they were not paid for unrostered work.
High Court asked to weigh in on advocate’s immunity shield for solicitor
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The High Court has been asked to weigh in on the extent of advocate’s immunity in a dispute between a Sydney solicitor and his former clients, after an appeals court found he couldn’t be sued for negligence for failure to include a breach of contract claim in a building dispute.