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Clayton Utz sends staff home amid coronavirus concerns
Business of Law 2020-03-05 5:20 pm By Cat Fredenburgh Melbourne

Law firm Clayton Utz has sent staff at its Sydney office home amid concerns that one of its employees may have been exposed to the coronavirus.

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Solicitors ordered to look for missing phone of deceased class action lawyer
Arnold Bloch Leibler 2020-03-03 10:47 pm By Christine Caulfield Melbourne

A judge has directed solicitors for deceased lawyer and funder Mark Elliott to search for his missing mobile phone, which is wanted for potential evidence by a court-appointed contradictor investigating alleged professional misconduct on the part of the legal team behind a settled class action against failed Banksia Securities.

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Judge signs off on $2.6M for lead applicants in Johnson & Johnson pelvic mesh class action
Andrew Naylor 2020-03-03 8:40 pm By Alison Eveleigh

A Federal Court judge has awarded combined damages of $2.6 million to the lead applicants in the Johnson & Johnson pelvic mesh class action, following a landmark ruling in November which found that the pharmaceutical giant did not adequately warn of the risks of the implants.

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‘I have been ignored’: Claimant makes courtroom plea in AMP insurance churn case
AMP 2020-03-03 4:59 pm By Miklos Bolza Sydney

An individual claimant accusing AMP Financial Planning of ignoring multiple attempts to gain remediation for alleged insurance re-writing conduct was granted permission to voice his displeasure in court, while ASIC and AMP grapple with the details of a remediation program for insurance churn victims.

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Courts criticised for losing sight of justice in Takata airbag class closure challenge
Acting Justice Arthur Emmett 2020-02-19 8:38 pm By Miklos Bolza Sydney

The lead applicants in seven class actions against auto manufacturers over explosive Takata airbags have criticised the courts for losing their way in ensuring justice is done, in a landmark challenge to class closure orders made in the cases.

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Judge overstepped in accepting Pacific National undertaking, ACCC tells appeals court
ACCC 2020-02-17 4:30 pm By Christine Caulfield Melbourne

The judge who dismissed the ACCC’s challenge to Pacific National’s acquisition of Aurizon’s Acacia Ridge Terminal in Queensland had no power to accept an undertaking by the rail operator as an answer to the competition regulator’s case, an appeals court has been told.

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Rural Funds wins unprecedented case against activist short seller Bonitas
Agriculture 2020-02-12 10:55 pm By Cat Fredenburgh Melbourne

Australian agricultural fund manager Rural Funds Group has won its legal action alleging US short seller Bonitas Research engaged in misleading and deceptive conduct when it described the group’s equity as “ultimately worthless” and sent its share price plummeting.

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VW appeals record $125M penalty over ‘dieselgate’ scandal
ACCC 2020-02-12 9:24 am By Cat Fredenburgh Melbourne

Volkswagen has appealed a record $125 million penalty handed down over its emissions cheating scandal by a judge who criticised a $75 million settlement agreement with the Australian Competition and Consumer Commission as “manifestly inadequate”.

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Dick Smith class actions headed for March trial after mediation fails
Accounting 2020-02-10 11:00 am By Cat Fredenburgh Melbourne

Two shareholder class actions against failed electronics retailer Dick Smith will head to trial in March, after a failed attempt to resolve the long-running dispute in mediation.

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Judge hits AMP with $5.2M penalty, says greedy financial adviser was ‘in the right place’
AMP 2020-02-05 11:05 am By Miklos Bolza Sydney

The Federal Court has imposed a penalty of almost $5.2 million on AMP Financial Planning after finding it was “reckless” in its “lamentable failure” to properly respond to a now banned adviser who was churning life insurance for higher commissions.

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