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ASIC accuses Westpac of insider trading over Ausgrid privatisation
ASIC 2021-05-05 10:52 am By Miklos Bolza

Westpac has been accused by the corporate regulator of insider trading before the $16 billion privatisation of electricity provider Ausgrid.

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Banking royal commission silk Rowena Orr named Victoria’s solicitor-general
Financial Services 2021-05-04 5:40 pm By Cindy Cameronne

Victoria’s attorney-general has appointed star senior counsel for the banking royal commission, Rowena Orr QC, as the state’s highest legal adviser.

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Monash IVF faces potential class action over ‘ineffective’ genetic tests
Class Actions 2021-05-04 5:34 pm By Christine Caulfield

Costly add-on therapies sold by Monash IVF to thousands of women undergoing IVF — including pre-implantation genetic testing — are the targets of a new class action investigation.

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Judge mulling $38.4M Estia settlement hears class closure rulings ‘plainly wrong’
Bernard Quinn 2021-05-04 2:49 pm By Miklos Bolza

A judge weighing a $38.4 million settlement in a shareholder class action against aged care provider Estia Health has been told that two NSW Court of Appeal judgments barring class closure were “plainly wrong”, but in deciding whether to lock group members out of the settlement the judge says he won’t need to grapple with the landmark rulings.

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Judge rejects 7-Eleven’s ‘risky’ bid for pre-trial ruling on objections to evidence
7-Eleven 2021-05-03 9:37 pm By Miklos Bolza

A judge has shot down what he called a “risky” but novel proposal by 7-Eleven for a pre-trial ruling on sample objections to the relevance of evidence in two franchise class actions.

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Ex-Australia Post boss Christine Holgate threatens to sue Morrison government
Company Giles 2021-05-03 9:26 pm By Christine Caulfield

The former CEO of Australia Post has threatened to bring legal action over her departure if the Morrison government fails to enter mediation in the next two days.

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Court OKs $440M settlement in Queensland floods class action
Class Actions 2021-05-03 2:46 pm By Christine Caulfield

A $440 million settlement by the State of Queensland and dam operator Sunwater resolving a class action over the 2011 Queensland floods has been approved by a NSW judge.

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Judges may have ‘blind spot’ when hearing applications for their own recusal, ALRC told
Justice Sarah Derrington 2021-04-30 4:14 pm By Cindy Cameronne

The Australian Law Reform Commission has suggested judges should transfer applications for their own disqualification to a separate duty judge to decide, after hearing concerns about how the “bias blind spot” may operate in the existing self-disqualification procedure.

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Law firm should rethink putting up own solicitor as expert in group costs order bid, judge says
Catherine Hamilton-Jewell 2021-04-30 12:03 pm By Christine Caulfield

The judge overseeing the first ever bid for a group costs order in a class action that will give the plaintiff’s law firm a percentage cut of the proceeds has urged the firm to rethink characterising its own solicitor as an expert.

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Clive Palmer hit with $1.5M in damages for ‘contemptuous’ infringment of Twisted Sister anthem
Alexander Law 2021-04-30 10:23 am By Miklos Bolza

A judge has ordered mining magnate Clive Palmer to pay damages of $1.5 million to Universal Music for his “contemptuous” behaviour in infringing “substantial parts” of Twisted Sister’s 1985 heavy metal hit ‘We’re Not Gonna Take It’ in advertisements for his political party.

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