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COVID-19 concerns put ASIC’s Rio Tinto trial at risk
Allen & Overy 2020-09-08 12:20 pm By Miklos Bolza Sydney

A seven-week trial in ASIC’s misleading conduct case against Rio Tinto may have to be postponed after two executives of the mining giant raised concerns that COVID-19 could impact their ability to appear as defendants in the case.

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Judge calls for legislative reforms as appeals court transfers Uber class action
Class Actions 2020-09-08 11:34 am By Alison Eveleigh Sydney

An appeals court has dealt with complex jurisdiction and limitations issues in transferring one of three class actions against ride sharing giant Uber to another court, with one of the judges saying legislative reforms were needed to deal with the issues.

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‘Not tenable’: Banksia judge tosses Alex Elliott’s request that he recuse himself
Angel Aleksov 2020-09-07 9:57 pm By Alison Eveleigh Sydney

The judge overseeing professional misconduct claims against lawyers in the Banksia class action has denied a recusal application brought by Alex Elliott, the son of deceased class action lawyer Mark Elliott, who was joined to the proceedings in August.

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IOOF unit can’t stop ASIC from using royal commission evidence
ANZ 2020-09-07 6:37 pm By Miklos Bolza Sydney

An IOOF subsidiary sued over “bad advice” has failed in its bid to stop ASIC from using documents from the banking royal commission as evidence in the case, with a judge saying the company had already provided the material to the financial watchdog without objection.

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Ousted Piper Alderman partner can’t bring sex discrimination claims against firm
Business of Law 2020-09-07 5:44 pm By Miklos Bolza Sydney

A former Piper Alderman partner has lost her bid to bring sex discrimination claims against the partners of the law firm, but can still proceed with her other claims.

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BHP wants foreign group members shut out of class action over Brazil dam failure
Alistair Pound 2020-09-07 5:21 pm By Alison Eveleigh Sydney

Mining giant BHP is seeking to have foreign group members shut out of a shareholder class action over the Fundao dam failure in Brazil five years ago.

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Court bars Mayfair’s Mawhinney from talking to investors ahead of wind up battle
Altus Lawyers 2020-09-07 5:02 pm By Miklos Bolza Sydney

Mayfair director James Mawhinney has been blocked from talking to investors ahead of a hearing on an application to wind up the IPO Wealth fund, after a judge raised concerns about investors being “misled and coerced” by the investment hotshot.

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Virgin ordered to fly engines to US, as creditors sign off on $3.5B sale to Bain
Christopher Ward 2020-09-04 7:44 pm By Alison Eveleigh Sydney

Virgin Australia has been ordered to return four jet engines to the United States, after a court found the embattled airline and its administrators failed to properly hand over the engines and other equipment to their owners.

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PwC faces class action by bondholders of collapsed lender Axsesstoday
Accounting 2020-09-04 7:32 pm By Miklos Bolza Sydney

Irate bondholders of Axsesstoday Limited, which collapsed in 2019 after breaching its loan term conditions, have filed a class action against the asset finance lender and its accountant PwC seeking to recoup their losses.

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It’s a rap: Jay-Z settles IP spat over Little Homie children’s book
Consumer Goods 2020-09-04 4:38 pm By Christine Caulfield Melbourne

International hip-hop star Jay-Z has quietly settled his spat with Australian children’s book manufacturer The Little Homie for what his lawyers called “flagrant, glaring and contumelious” intellectual property infringement.

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