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Romeo’s class action members won’t get paid by Christmas after ‘tense’ exchange with judge
Adero Law 2022-11-15 11:52 pm By Sam Matthews

A judge overseeing two underpayment class actions against supermarket chain Romeo’s has declined to vary a settlement agreement to provide for distribution by Christmas, saying plaintiff firm Adero Law had not taken “all reasonable steps” to facilitate the payments.

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A ‘sorry history’ of non-compliance: Judge tosses underpayments class action
Christopher Tran 2022-11-15 11:29 pm By Christine Caulfield

A judge has thrown out an underpayments class action against NSW not-for-profit Life Without Borders for failure to advance the case with due diligence and slapped the lead applicant with costs for his “unreasonable” acts during the course of the proceeding.

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Lawyer reprimanded for using firm letterhead to threaten suit on boyfriend’s behalf
Business of Law 2022-11-15 5:51 pm By Sam Matthews

A solicitor of a national law firm has been reprimanded after falsely representing that the firm acted for her partner in a property dispute over $1,000.

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Light rail class action plaintiffs want NSW on hook for litigation funder’s cut
Adam Hochroth 2022-11-15 4:55 pm By Christine Caulfield

Businesses bringing a class action over Sydney’s $3 billion light rail project are pursuing a bold new claim that the NSW government pay not only for damages related to their nuisance claims, but for the 40 percent commission the litigation’s funder wants from a post-trial judgment.

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Companies linked to Banksia class action fraudsters should pay up, court told
Class Actions 2022-11-15 3:22 pm By Christine Caulfield

Dead or broke, the class action lawyers who schemed to defraud investors in failed Banksia Securities should not escape a $21 million judgment for damages and costs, a court has heard.

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KPMG dodges ‘very late’ claims in Gunns class action
Accounting 2022-11-14 10:53 pm By Cat Fredenburgh

A class action against KPMG over the failure of six managed investment schemes for eucalyptus wood in Tasmania can’t add new claims against the accounting firm three months out from trial.

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CBA’s former boss Ian Narev grilled over internal audits 4 years before AUSTRAC action
AUSTRAC 2022-11-14 10:02 pm By Christine Caulfield

The former chief executive of Commonwealth Bank has told a court internal auditors raised issues with CBA’s anti-money laundering and counter-terrorism financing compliance four years before AUSTRAC took action that saw the bank’s share price plummet.

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Novartis, Pharmacor resolve suit over Gilenya patents
Ben Mee 2022-11-14 1:42 pm By Cat Fredenburgh

Novartis and and generic drug maker Pharmacor have resolved litigation over the Swiss pharmaceutical giant’s patents for blockbuster MS drug Gilenya.

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Funder’s $13.2M cut is 26% of Opal Tower class action settlement
Alexander Barnett 2022-11-11 11:00 pm By Cindy Cameronne

The litigation funder bankrolling a class action on behalf of 383 apartment owners in Sydney’s troubled Opal Tower is seeking a 26 per cent commission totalling $13.2 million of the confidential settlement sum, a court has heard. 

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High Court to hear Zurich appeal over NZ apartment class action
Appeals 2022-11-11 5:16 pm By Sam Matthews

The High Court has granted special leave to Irish insurer Zurich to challenge a decision allowing a class action over an allegedly defective New Zealand apartment block to proceed in the NSW Supreme Court.

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