Class Actions

Blue Sky class action judge mulls AI fix after costs reach $20M

A judge overseeing a shareholder class action over the collapse of fund manager Blue Sky will explore how artificial intelligence can be used to reduce costs in the case, which have already reached $20 million.

Energy & Natural Resources

$60M loan to fund Callide Power Station repairs interest fee, court finds

A judge has ruled that IG Power is not required to reimburse Genuity $24.4 million in interest charged by its parent company on a $60 million loan to rebuild the Callide power station, finding the loan was intended to be interest free. 

Hearing

Claim against funds manager struck out in FSM case against Ray White, Mallesons

A fund manager has succeeded in striking out claims it was knowingly involved in an uncommercial loan scheme, in a case by FSM Development liquidators that also targets Ray White and Mallesons.

Construction

Court rejects developer’s bid to pay $6M SOPA judgment in monthly instalments

A Newcastle residential development had lost its bid to pay around $6 million in damages in monthly installments, with a judge saying there was no evidence paying the amount would put the group in a bad financial situation.

Business of Law

Construction, insurance pro joins Meridian from Lander & Rogers

Meridian Lawyers has nabbed an insurance litigator from Lander & Rogers who has worked on combustible cladding matters to co-head its professional and financial risk group. 

Construction

Chevron seeks ‘tight’ timeline in Gorgon LNG court challenge

Chevron wants a "tight" timeline in a legal challenge related to its Gorgon liquified natural gas project, telling a judge that it's spending $40 million a month to keep staff ready for the project.

AI

Virgin class action trial good candidate for ‘imaginative’ use of AI: judge

A judge has ordered the parties in an investor class action against Virgin to consult with experts on how to use AI in an upcoming seven-week trial, one day after the judge made similar orders in a class action against Blue Sky.

Defamation

Activist socked with costs after solicitor leaked settlement to Sky News

A pro-Israel activist has been hit with indemnity costs after a judge found a settlement deed with Newtown, Sydney restaurant Cairo Takeaway had been breached when his solicitor leaked details of the agreement to journalists.

Competition & Consumer Protection

Aldi produce wholesaler admits liability in ACCC cartel case

Produce wholesaler Perfection Fresh has admitted liability in the competition watchdog's case alleging it made price-fixing arrangements with other suppliers before submitting weekly quotes to Aldi. 

ASIC

BDO director brings strike-out bid in ASIC case over Dubber audit reports

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