Settlement in sovereign bond class action gets court’s nod

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A judge has approved the settlement of a class action brought on behalf of sovereign bondholders over the disclosure of climate change risks, despite a late scrap with the government over whether the deal puts a stop to future cases.

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ASIC seeks urgent orders barring payday lenders from enforcing ‘harmful’ loan contracts

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The Australian Securities and Investments Commission is seeking to restrain payday lenders Cigno and BSF Solutions from enforcing loan fees against 10,000 customers.

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Qantas takeover target Alliance faces harassment case

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A former flight attendant trainee has filed a lawsuit against fly-in fly-out operator Alliance Airlines, which was the subject of a takeover bid by Qantas earlier this year, claiming he was dismissed for complaining of harassment.

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Class action investigation underway into Cipro antibiotic

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An Australian law firm is investigating a class action against drug manufacturers over a commonly prescribed antibiotic said to cause “disabling” side effects, including nerve damage and psychosis.

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Nose job patient hit with indemnity costs after refusing surgeon’s ‘exceptionally generous’ offer

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A nose job patient who allegedly defamed his surgeon has been hit with indemnity costs after refusing the surgeon’s “exceptionally generous” offer to settle.

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Johnson Winter Slattery picks up IP specialist from Corrs

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Johnson Winter Slattery has lured to the firm Corrs Chambers Westgarth’s intellectual property litigator Chrystal Dare, who led the historical copyright case over the rights to the Aboriginal flag.

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NAB ‘obliged’ to charge adviser fees at issue in class action, court told

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NAB unit NULIS Nominees was not only allowed to charge superannuation fund members fees for adviser commissions, it was “obliged” to do so, a court has heard during a class action trial over alleged conflicted remuneration. 

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Ben Roberts-Smith to pay $1M in security in defamation appeal

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Former SAS corporal Ben Roberts-Smith has been ordered pay $910,000 in security for costs as he appeals a defamation ruling that found he committed murder in Afghanistan and was not a reliable witness. 

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Benjamin Hornigold sues ex-directors, investment manager over $4M in loans

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Investment fund Benjamin Hornigold has sued two former directors and its investment manager John Bridgeman Limited over a decision to enter into $4 million in loans.

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