Most Recent
‘Disastrous’ GetSwift class action settlement revised down to $1M
Alan Shearer 2022-12-20 4:47 pm By Cat Fredenburgh
A $1.5 million class action settlement against failed logistics provider GetSwift, which a judge termed a "disaster", has been revised down to $1 million and may face a liquidators' challenge that could see a group members recover nothing.
Shine stuck running Blue Sky, EY class action with rival firm
Appeals 2022-12-19 5:32 pm By Cindy Cameronne Sydney
A law firm has lost its bid to challenge a court order that it join forces with a competing firm in an investor class action against Blue Sky Alternative Investments and auditor EY.
Battle to run Blue Sky, EY class action not over, as firm appeals order to team up with rival
Appeals 2022-12-08 10:55 pm By Christine Caulfield
A law firm wants to challenge a court order that it play nice with a competing firm in a class action for investors against Blue Sky Alternative Investments and auditor EY.
Law firms ordered to join forces in Blue Sky, EY class action
Banton Group 2022-11-23 10:29 pm By Cindy Cameronne Sydney
A judge has ordered two law firms that filed competing shareholder class actions against failed Blue Sky Alternative Investments and auditor EY to team up to run a consolidated proceeding, despite opposition by one firm.
Battle to lead Blue Sky shareholder class action is on
Accounting 2022-11-21 3:28 am By Cat Fredenburgh
The law firm that filed a second securities class action against failed Blue Sky Alternative Investments and auditor EY has moved swiftly to stay a competing class action brought three months ago.
KPMG’s push to move Arrium class action to NSW goes south
Accounting 2022-11-18 11:43 pm By Christine Caulfield
The High Court has dismissed an application by accounting giant KPMG to transfer a class action over the collapse of mining company Arrium from Victoria to NSW.
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.
In light rail class action trial, NSW government denies it ‘sat back and did nothing’
Adam Hochroth 2022-11-09 9:49 pm By Sam Matthews Melbourne
The New South Wales government has rejected a class action's claims that it dropped the ball in relation to the identification and management of underground utilities which caused delays in Sydney’s $3 billion light rail project.
Shareholders launch second class action against Blue Sky, EY
Banton Group 2022-11-08 11:57 pm By Cat Fredenburgh
A second securities class action has been filed against failed Blue Sky Alternative Investments and auditor EY alleging financial reports materially overstated the health of the asset manager ahead of its collapse three years ago.
Sydney’s $3B light rail was a ‘train wreck’, class action trial told
Adam Hochroth 2022-11-07 4:52 pm By Cindy Cameronne Sydney
A class action on behalf of 3,500 business owners along Sydney’s light rail route has told a court that group members bore the brunt of the project’s delayed construction, described as “a train wreck which could be predicted from a mile away”.