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A self-managed superannuation that has taken Slater & Gordon to court over the acquisition of its shares in the firm by Allegro Funds is seeking to join the private equity firm to the proceeding.
Seven refused extension for handing over emails with Ben Roberts-Smith’s lawyers
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Kerry Stokes and Seven Network have lost their bid for an extension to produce 8,600 emails exchanged between the media company and Ben Roberts-Smith’s lawyers in Fairfax’s bid for costs in defending the defamation case over alleged war crimes
ASIC targets Active Super over coal, tobacco holdings
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Active Super has become the latest target of greenwashing claims by ASIC, with the corporate regulator alleging it misled the market about its responsible investment credentials, including by investing in coal mining, gambling, tobacco and Russian companies.
Hyundai, Kia class actions transfer bid should precede beauty parade: courts
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Two courts have ruled that in competing class actions against Hyundai and Kia over allegedly faulty anti-lock braking systems, a plaintiff’s bid to transfer one of the cases from Victoria to the Federal Court should precede a carriage fight, deeming it the “straightforward” option.
AMP sets aside $50M for BOLR class action as it mulls appeal
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AMP has set aside $50 million in its financial statement for the first half of 2023 to cover potential liability in a class action won last month by financial advisers over the wealth manager’s buyer of last resort policy.
Facing new indictment over hotel quarantine, Victoria wants class action defence kept secret
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The state of Victoria is making a bid to suppress its defence in a class action brought over the 2020 hotel quarantine fiasco, as it faces a “substantially altered” indictment in a related criminal proceeding.
Penalty privilege can’t be used to dodge production of books
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A judge has found that penalty privilege cannot be used to avoid the production of books under the Corporation Act.
Judge rejects latest pleading in plastic surgery class action
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A judge has directed a class action on behalf of 1,000 patients of Sydney-based plastic surgeon Daniel Lanzer and four of his associates to have another go at articulating claims that Lanzer’s clinic should be liable for allegedly ‘horrific’ complications.
ASIC’s latest court action says debt ‘solvers’ anything but
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The Australian Securities and Investments Commission has brought legal action against debt management business Solve My Debt Now and its director, alleging customers were usually left in greater debt after using its services.
Corrs, DLA Piper pick up tax specialists from embattled PwC
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Troubled professional services firm PwC has lost two partners to law firms Corrs Chambers Westgarth and DLA Piper.