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Judge signs off on consolidation in a2 Milk class actions
Alexandra Folie 2022-06-16 11:34 pm By Cat Fredenburgh Melbourne

A judge has allowed two law firms to jointly run a consolidated shareholder class action against dairy company a2 Milk, saying the arrangement was in the interests of group members and was “not novel”.

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Knives come out in Nuix class action beauty parade
ASIC 2022-06-16 10:21 pm By Sam Matthews Melbourne

A victor remains to be crowned following a heated beauty parade between competing class actions against tech company Nuix, with two law firms facing criticism for their “cumbrous” consolidation proposal and a third firm copping flak for its “opaque” financials.

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Scotch Whisky Association takes shot at Aussie importer
Food and Beverage 2022-06-16 9:32 pm By Cindy Cameronne Sydney

The Scotch Whisky Association has sued an Australian food and drink importer for “flagrant” copyright infringement after it allegedly sold regular whisky with the trade organisation’s ‘scotch whisky’ certification trade mark.

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Full Court finds class actions are not managed investment schemes
Adam Hochroth 2022-06-16 10:43 am By Cindy Cameronne Sydney

In a significant victory for litigation funders, the Full Federal Court has found that funded class actions are not managed investment schemes subject to regulatory oversight, gutting the legal basis for reforms enacted by the Morrison government in 2020.

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Avanteos hit with $1.7M penalty in landmark criminal case over dead member fees
ASIC 2022-06-15 9:52 pm By Christine Caulfield

Former Commonwealth Bank subsidiary Avanteos Investments has been slugged with a $1.7 million penalty after pleading guilty to charges it failed to update disclosure statements on products that continued to deduct adviser fees from accounts of dead superannuation members.

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Ten asks court to toss sex discrimination claims from journalist’s harassment case
Corrs Chambers Westgarth 2022-06-15 6:38 pm By Sam Matthews Melbourne

Network Ten has moved to strike out claims that it’s Canberra bureau, led by high profile political reporter Peter van Onselen and executive editor Anthony Murdoch “was a workplace that was hostile to women.”

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‘Unsatisfactory state of affairs’: 7-Eleven class action funder wants $16.6M advance on payout
7-Eleven 2022-06-15 4:49 pm By Cindy Cameronne Sydney

A litigation funder for two franchisee class actions against 7-Eleven has asked a court for a $16.6 million payout to cover its costs before a judge rules on how much it can pocket from a $98 million settlement.

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James Hardie sued by former manager over unheeded safety complaints
Construction 2022-06-15 2:26 pm By Sam Matthews Melbourne

A former manager has sued building giant James Hardie, alleging she was denied pay and mistreated after she made complaints about safety issues and the conduct of senior leadership.

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Judge approves Blackstone’s takeover of Crown Resorts
Clayton Utz 2022-06-15 12:37 pm By Sam Matthews Melbourne

A judge has given his approval to the takeover of Crown Resorts by US private equity group Blackstone.

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$630,000 legal bill should be borne by all Drakes class action members, court told
Adero Law 2022-06-14 9:45 pm By Cindy Cameronne Sydney

A law firm is seeking a funding equalisation order to have all group members contribute to the $630,000 legal bill it racked up in running an underpayments class action on behalf of Drakes store managers that has settled for $2 million.

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