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‘I’m getting awful close to ending my life’: Magistrate despairs as ANZ cartel hearing blows out
ACCC 2019-12-12 7:49 pm By Miklos Bolza

A committal hearing in the ANZ cartel case may run a further nine days next year due to ongoing arguments about subpoenas and privilege, which have derailed five planned days of cross-examination of key witnesses and led a Local Court Magistrate to proclaim she was “awful close” to ending her life.

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Orinoco Gold investor wins bid to inspect books after share value tanks
Energy & Natural Resources 2019-12-12 2:01 pm By Miklos Bolza

A shareholder of struggling gold company Orinoco Gold has been granted limited access to the company’s books after the firm was placed into administration on the back of an abysmal year on the ASX which saw it share value plummet by more than 97 per cent.

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Judge won’t stop 7-Eleven from seeking class action releases from franchisees
7-Eleven 2019-12-12 1:31 pm By Christine Caulfield

A judge has shot down a bid by class action applicants to block 7-Eleven from seeking litigation releases from franchisees on contract renewal, saying there was no evidence the convenience store giant had acted unlawfully.

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VW class action judge frowns on bid for common fund order
ACCC 2019-12-11 11:20 pm By Miklos Bolza

The judge overseeing the settlement approval process in multiple class actions against Volkswagen over the diesel emissions scandal has criticised an application for a common fund order by the funder backing two Bannister Law-led lawsuits.

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‘Grossly negligent’ Atanaskovic Hartnell manager was offered job back, trial hears
Andrew Gotting 2019-12-11 9:40 pm By Miklos Bolza

A former general manager who is suing law firm Atanaskovic Hartnell for alleged bullying and faces cross claims that she failed to satisfactorily perform her job was offered a part-time role with the firm after resigning, despite being “grossly negligent”, a court has heard.

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Suncorp unit can force reversal of Coverforce acquisition, court says
Allens 2019-12-10 9:52 pm By Christine Caulfield

The head of Australia’s largest unlisted insurance broker, Coverforce, may face a future damages claim for misleading or deceptive conduct if a recent acquisition of former Suncorp unit Resilium is not reversed, a court has found.

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Banks want to grill ANZ cartel case witnesses on late evidence by ACCC
ACCC 2019-12-10 6:58 pm By Miklos Bolza

The banks and executives facing criminal charges over alleged cartel conduct related to ANZ’s $2.5 billion share placement in 2015 will fight to widen their cross-examination of key ACCC witnesses after new information was brought to light in late submissions by the regulator.

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Court approves settlement in NSW ambulance privacy class action
Centennial Lawyers 2019-12-10 4:12 pm By Miklos Bolza

The NSW Supreme Court has approved a settlement in Australia’s first privacy class action, which was brought against the NSW government over a data breach by a contractor who sold private details of 130 ambulance workers to personal injury law firms, including Bannister Law.

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Judge greenlights $16.5M Forge class action settlement
Class Actions 2019-12-10 11:29 am By Christine Caulfield

A judge has signed off on a $16.5 million settlement of a shareholder class action against collapsed engineering and construction company Forge Group.

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AUSTRAC case against Westpac speeds towards penalty hearing
Allens 2019-12-09 9:44 pm By Miklos Bolza

AUSTRAC’s lawsuit against Westpac over 23 million alleged breaches of money laundering and counter-terrorism laws is racing towards a possible February penalty hearing, with the bank largely in agreement with the regulator on its liability.

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