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Judge’s patience for ‘flipping and flopping’ prosecutors in ANZ cartel case wearing thin
Allens 2021-09-16 8:47 pm By Cindy Cameronne Sydney

A judge has questioned whether he should allow prosecutors to amend charges against ANZ and its treasurer in a criminal cartel case over a $2.5 billion share placement after the bank argued the charges were defective and should be quashed.

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Contingency fee law to blame for failure of first class action GCO bid
Analysis 2021-09-16 11:27 pm By Christine Caulfield Melbourne

A ruling this week that rejected the first application for a group costs order in a class action because the applicants were better off with their existing no win, no fee arrangement was the right decision given the limits of the legislation, experts say.

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Nuix scolded by judge for defaulting on orders in former CEO’s case
Corporate 2021-09-16 5:28 pm By Christine Caulfield Melbourne

A judge overseeing a case brought by the former boss of Nuix has taken the embattled technology company to task for failing to comply with court orders that it file evidence by the end of last week.

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EY nears settlement in negligence case over Coca-Cola Amatil sale of SPC
Accounting 2021-09-16 12:27 pm By Bianca Hrovat Sydney

EY has reached an in-principle settlement in a case brought by Melbourne-based joint venture Shepparton Partners Collective alleging the consulting giant was negligent, but the firm copped a dressing down from a judge on Thursday for asking him to keep its motion to toss the case on ice.

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Law firm mulls legal action after Whitehaven coal mine extension gets approval
Appeals 2021-09-16 8:58 pm By Bianca Hrovat Sydney

Federal environment minister Sussan Ley has approved a controversial coal mining project that is expected to release 100 million tonnes of carbon dioxide into the Earth’s atmosphere, despite a landmark ruling that the government has a duty of care to consider the impact of fossil fuel projects on the next generation of Australians.

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Insurer JLT resists bid to expand class action on eve of trial
Alison Hammond 2021-09-16 9:14 pm By Miklos Bolza Sydney

Insurance broker JLT Risk Solutions has opposed an application by a group of NSW councils to add misleading and deceptive conduct allegations to a long-running class action, claiming the changes would force the vacation of a five-week trial due to start in October.

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Car makers to pay $52M to settle Takata airbags class actions
Allens 2021-09-15 3:36 pm By Cat Fredenburgh Melbourne

Six of the world’s largest car makers have agreed to pay $52 million to settle class actions accusing them of selling cars with deadly Takata airbags.

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Allianz loses bid for class action beauty parade
Adam Hochroth 2021-09-15 1:33 pm By Miklos Bolza Sydney

A judge has signed off on a proposal by two law firms to jointly run a consolidated class action against Allianz over add-on car insurance, shooting down the insurer’s argument that a beauty contest would promote competitive contingency fee rates.

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Boral denies loss claims in shareholder class action
Boral 2021-09-15 2:53 pm By Miklos Bolza Sydney

Boral has denied that shareholders bringing two class actions against it over financial irregularities in its North America windows business suffered any loss, saying that its systems helped spot and prevent the financial manipulation from continuing.

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Ex-Rentokil employee’s assets frozen over alleged $3.2M invoice fraud
Clayton Utz 2021-09-15 11:47 pm By Cindy Cameronne Sydney

Pest control company Rentokil has won an urgent bid to freeze its former supply manager’s assets after he allegedly stole $3.2 million from the company by creating false invoices on his work laptop.

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