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JPMorgan wants to have its cake and eat it too in ANZ cartel case, court hears
ACCC 2021-03-19 7:04 pm By Miklos Bolza

Whistleblower JPMorgan can’t be a witness in a criminal cartel case over a $2.5 billion ANZ share placement that has ensnared several investment banks and top executives and claim privilege over witness statements relevant to the case, a court has heard.

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‘Disturbing number of similarities’: Judge slaps interim injunction on ‘RestQ’ trade mark use
Amy Campbell 2021-03-17 8:33 pm By Cindy Cameronne

A judge has issued an injunction temporarily barring use of the RestQ trade mark on sleep products sold by Martin & Pleasance because of a “disturbing” number of similarities with the marketing and appearance of an established competitor’s Rescue natural sleep aid product.

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GetSwift wins appeal bid to disqualify judge from class action
Ahmed Rizk 2021-03-05 10:38 am By Spencer Fowler Steen

GetSwift has triumphed in its bid to disqualify a judge who refused to recuse himself from hearing a shareholder class action against the logistics software company after presiding over ASIC’s civil penalty proceeding against the company.

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44-count indictment filed in ANZ criminal cartel case
ANZ 2021-02-18 2:57 pm By Spencer Fowler Steen

Forty-four charges have been outlined in a long-awaited indictment in a criminal cartel case over a $2.5 billion ANZ share placement, including 29 charges against top executives from ANZ, Deutsche Bank and Citigroup.

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GetSwift slammed for ‘unfair attack’ on judge hearing class action, ASIC case
Ahmed Rizk 2021-02-15 7:18 pm By Miklos Bolza

GetSwift has been criticised for its “quite unfair attack” on a Federal Court judge who refused to disqualify himself from hearing a shareholder class action against the logistics software company after presiding over ASIC’s civil penalty proceeding against the company.

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MySuper lawsuit gets one more chance before NAB pulls trigger on dismissal
Allens 2021-02-03 12:23 pm By Miklos Bolza

Two NAB units have indicated they will seek to dismiss a lawsuit over alleged MySuper mismanagement which the court recently ruled was not validly commenced as a class action if the lead applicant fails in his bid to replead.

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Judge refuses class action’s bid to amend forex cartel case against banks
Allen & Overy 2021-02-01 3:24 pm By Christine Caulfield

A judge has sided with five investments banks and rejected a bid to amend a class action alleging a series of cartel agreements to rig foreign exchange rates, saying there were “substantial problems” with the proposed pleadings.

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JPMorgan seeks to shield interview docs in ANZ cartel case
ACCC 2021-01-27 9:21 pm By Spencer Fowler Steen

While a Federal Court judge recently promised to advance a long-running criminal cartel case against several investment banks and individuals over a $2.5 billion ANZ share placement, a separate judge will soon hear a privilege dispute over documents from whistleblower JPMorgan that promises to further delay the case.

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‘Lawyers hate losing control’: Toyota class action referee process rankles judge
Amy Munro 2021-01-19 12:10 pm By Miklos Bolza

A judge has rebuked the “procedural vulgarities” plaguing a referee’s supplementary report in a class action against Toyota over allegedly defective vehicles and has called for the process to be simplified.

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Toyota class action seeks aggregate damages for ‘significant impact’ of defects on fuel use
Amy Munro 2020-12-23 2:53 pm By Spencer Fowler Steen

A lawyer for group members in a class action against Toyota is seeking aggregate damages relating to vehicle defects that allegedly had a “significant impact” on fuel consumption.

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