Please login to bookmark Close
A class action brought on behalf of sovereign bond investors over the disclosure of climate change risks has settled with the government on terms that don’t preclude further proceedings, a court has heard.
‘Plague’ of competing class actions driving new filings: report
Please login to bookmark Close
Competing class actions, which a judge recently called a “plague” on the courts, are driving a rise in class actions, with new representative proceedings brought this year set to outpace last year’s filings, according to a report by law firm Allens.
Roberts-Smith wants judge to recuse himself from deciding if OSI can see evidence
Please login to bookmark Close
Save (1) Please login to bookmark Close Username or Email Address Password Remember Me Ben Roberts-Smith has argued a judge should recuse himself from deciding if the Office of the Special Investigator can access his defamation court file, arguing the public might think he was biased and wanted to “further” his findings that the former…
Tax Commissioner appeals Hannover Life win on tax credits
Please login to bookmark Close
The Commissioner of Taxation has appealed a judgment that found reinsurer Hannover life should be allowed tax credits for GST paid on a share of its overheads, including rent and power.
HWL Ebsworth can’t point finger at client to reduce liability for negligence
Please login to bookmark Close
A judge has ruled that HWL Ebsworth’s negligent advice over property in Paramatta’s ‘Auto Alley’ cost a client $2 million, rejecting the firm’s plea of contributory negligence against the owner.
ACCC rejects $4.9B ANZ, Suncorp merger
Please login to bookmark Close
The ACCC has rejected ANZ’s $4.9 billion acquisition of Queensland-based Suncorp, setting up a likely challenge before the Australian Competition Tribunal.
Deloitte’s $2.5M bill in CBA class action holds up settlement approval
Please login to bookmark Close
A judge asked to approve a $50 million settlement in a consumer credit insurance class action against the Commonwealth Bank has questioned a $2.5 million deduction for professional services firm Deloitte.
Equitable briefing of barristers crucial for profession and clients, peak legal bodies say
Please login to bookmark Close
Responding to an attack on the value of equitable briefing of barristers, peak legal bodies have reaffirmed their support for the initiative, which they say is critical for the profession and in the best interests of clients.
Judge asks if class action firm’s uncertain GCO back-up plan ‘artificial’
Please login to bookmark Close
A judge overseeing a class action against Suncorp subsidiary AAI has questioned whether the “uncertain” plan B of a law firm seeking a 25 per cent group costs order was artificially uncertain to increase the relative appeal of its contingency fee bid.
ASIC takes Dixon Advisory director to court over $19M debt
Please login to bookmark Close
ASIC is seeking penalties against Dixon Advisory & Superannuation Services director Paul Ryan for allegedly failing to consider clients when executing a deed that affected the financial advice firm’s ability to recoup a $19 million debt from its holding company.