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Court orders CBA to hand over oil and gas project books in climate change case
The Commonwealth Bank of Australia will have to hand over a preliminary tranche of documents relating to seven large-scale oil and gas projects it is financing in a lawsuit that will test whether the bank has complied with its stated commitments on climate change.
Top judge did ‘unexplained violence’ to Star’s business interruption policy, Full Court told
In rejecting a bid by The Star Entertainment Group to recoup losses stemming from the COVID-19 pandemic, the Federal Court's Chief Justice did "real and unexplained violence" to the construction of a business interruption policy the casino giant had taken out with Chubb, the Full Court has heard.
Groupwide damages not ruled out in Ford class action, judge says
A judge has left open the possibility that aggregate damages could be awarded in a class action against US auto giant Ford on behalf of 185,000 vehicle owners over their defective cars.
Is it infringement if no one saw it? Hells Angels, Redbubble TM case to raise novel issue
A novel issue of liability has been raised in a trademark dispute between Hells Angels Motorcycle Corporation and Redbubble, with the online retailer claiming a trade mark cannot be infringed if the trade mark owner is the only person to witness the alleged infringement.
Rate-rigging class action pleadings OK’d, more than two years after case filed
A judge has given the green light to amended pleadings in a class action accusing major banks of entering a cartel agreement to rig foreign exchange rates, bringing a two-year fight over the pleadings closer to resolution.
Judge finds Montara oil spill ‘widespread’, in win for class action
A judge overseeing a class action against the Australian arm of Thai state owned oil giant PTT has rejected attempts to limit the claimed damages from one of Australia's largest oil spills, saying the disaster was "widespread" across Indonesian islands in the Timor Sea.
Arrest warrant issued for Forum founder Bill Papas
The Federal Court has issued an arrest warrant for Forum Finance founder Bill Papas for contempt of court for allegedly transferring $720,000 out of one of his companies in breach of a freezing order.
CIMIC spars with insurers over coverage for Iraq bribery cases
Engineering services firm CIMIC Group has launched proceedings against ten insurers seeking indemnity for costs arising from allegations the company engaged in corrupt practices, including bribing government officials in Iraq.
ACCC officers face pre-trial grilling in ANZ cartel case as judge questions need for committal
Five enforcement officers of the Australian Competition and Consumer Commission will be cross-examined by lawyers for banks facing price fixing charges over their conduct following ANZ's $2.5 billion capital raising six years ago.
ANZ wins access to JPMorgan settlement chats in cartel case
A judge overseeing a cartel case over a $2.5 billion ANZ share placement has granted ANZ's bid for unredacted documents which the bank says will support its claims that the case should be permanently stayed because of improper dealings between whistleblower JPMorgan, ASIC and the ACCC.