Please login to bookmark Close
The Australian Securities and Investments Commission has launched court proceedings against ANZ alleging the banking giant’s home loan ‘introducer’ referral program breached credit laws.
Tips from 10 prominent silks on nailing the first court appearance
Please login to bookmark Close
As the courts open up after 18 months of online hearings, junior barristers who were recently called to the bar may be apprehensive at the move to in-person appearances. Here, ten top silks share their wisdom with new barristers on how to be an effective advocate in court.
Macquarie Group targeted in second class action over $1.8B Nuix IPO
Please login to bookmark Close
The battle to lead a shareholder class action against Nuix over its $1.8 billion initial public offering is on, with a second class action lobbed that accuses the embattled technology company and underwriter Macquarie of failing to alert shareholders to a slew of “red flags” in the business.
Class action accuses QSuper of overcharging 140,000 members
Please login to bookmark Close
Superannuation fund QSuper has been hit with a class action for allegedly overcharging up to 140,000 life insurance customers.
Acciona sues to cancel Kwinana renewable energy plant contract due to COVID-19
Please login to bookmark Close
Spanish infrastructure company Acciona has filed a lawsuit to get out of an engineering and construction contract for the $696 million Kwinana waste-to-energy plant in Western Australia, citing disruptions from the COVID-19 pandemic.
Beach Energy hit with shareholder class action over Western Flank projections
Please login to bookmark Close
South Australian oil and gas firm Beach Energy has been hit with a class action over allegedly misleading earnings projections for its Western Flank oil and gas reserves in the Cooper Basin.
‘Not a shred of evidence’: Judge questions appeal in HWL Ebsworth negligence suit
Please login to bookmark Close
A judge has questioned property developer PPK Group’s challenge to the dismissal of its long-running negligence case against HWL Ebsworth over the $25.5 million sale of Crown-owned land in Sydney.
Melissa Caddick’s parents may face court battle over $2.6M Edgecliff property
Please login to bookmark Close
The parents of accused Sydney fraudster Melissa Caddick may need to bring court proceedings to retain their $2.6 million Edgecliff home and recoup $1.2 million they gave to their daughter for the mortgage.
ASIC gets time to mull class action’s bid to ring-fence $7.2M Dixon Advisory penalty
Please login to bookmark Close
A court has delayed a hearing on a bid by the applicant in a class action against Dixon Advisory to freeze a $7.2 million penalty secured by the Australian Securities and Investments Commission against the self-managed superfund provider so the corporate regulator can consider its position on the request.
ACCC approves NAB’s $1.2B acquisition of Citi’s consumer business
Please login to bookmark Close
The Australian Competition and Consumer Commission has given the green light to the National Australia Bank’s proposed $1.2 billion acquisition of Citigroup’s Australian consumer business, finding the deal is not likely to substantially lessen competition.