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Clive Palmer can’t shut down Queensland Nickel liquidation trial
Restructuring & Insolvency 2019-08-23 11:25 pm By Christine Caulfield

Businessman Clive Palmer has lost an application to put a stop to a trial in a case brought by the liquidators of collapsed Queensland Nickel after arguing the proceeding was continuing largely to pay the litigation funder bankrolling the case.

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Norwegian shipping company hit with criminal cartel charge
Competition & Consumer Protection 2019-08-23 9:20 pm By Christine Caulfield

Norway-based shipping company Wallenius Wilhelmsen Ocean AS has become the third international shipper to be charged with price fixing in Australia, just three weeks after Japan’s K-Line was hit with a record $34.5 million fine over the same alleged cartel.

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ASIC takes NAB to court over dodgy home loan ‘introducers’
Financial Services 2019-08-23 1:39 pm By Christine Caulfield

The Australian Securities and Investments Commission has brought legal action against National Australia Bank over its scandal-ridden ‘Introducer’ loan referral program.

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Domino’s Pizza wants class action claims struck out, but judge not biting yet
Class Actions 2019-08-22 9:49 pm By Christine Caulfield

Arguing the pleadings are “evasive or ambiguous”, Domino’s Pizza has made a bid to strike out the statement of claim filed in a class action alleging franchisees underpaid thousands of workers across Australia for five years.

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NAB sues Helen Rosamond’s Human Group
Financial Services 2019-08-21 9:00 pm By Christine Caulfield

National Australia Bank is taking Helen Rosamondā€™s executive services company Human Group to court in connection with a multimillion dollar fraud against the bank.

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Firms to consolidate AMP super class actions, and funders put commission in court’s hands
Class Actions 2019-08-21 3:39 pm By Christine Caulfield

A judge overseeing competing class actions against AMP over allegedly excessive superannuation fees has signed off on an agreement by two rival law firms to consolidate their cases, avoiding a potentially costly and drawn out beauty parade.

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AMP beefs up legal team for superannuation class action
Class Actions 2019-08-20 10:30 pm By Christine Caulfield

AMP has added two law firms to separately represent its subidiaries in one of two class actions alleging it charged its superannuation members excessive fees.

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Sacked Russells lawyer wins round in case over dismissal
Restructuring & Insolvency 2019-08-20 4:05 pm By Christine Caulfield

A restructuring and insolvency solicitor who is suing Russells Lawyers for summarily dismissing him has largely won a discovery dispute over evidence in the case, with a judge ruling the lawyer could access communications between any of the partners related to his termination two years ago.

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Litigation must not descend into ‘staged trench warfare’, top judge tells ASIC, ANZ
Financial Services 2019-08-16 11:54 pm By Christine Caulfield

The Federal Court’s top judge has urged ASIC and ANZ to continue their “litigation good faith” in the corporate cop’s action over $35 million in allegedly illegal customer fees charged by the bank, and cautioned the two sides against slogging it out with a “staged trench warfare” mentality.

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Responsible lending class action against Westpac paused after ASIC loss
Class Actions 2019-08-16 10:10 pm By Christine Caulfield

After defeating the corporate regulator’s case alleging it breached responsible lending laws, banking giant Westpac has won a reprieve from lodging a defence in a related class action.

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