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Aveo class action firm has arguable case on appeal over fee slashing, judge says
Appeals 2024-05-24 2:03 pm By Christine Caulfield

A judge has granted leave to law firm Levitt Robinson to challenge a ruling cutting $1.14 million of its fees from a settled class action against retirement home operator Aveo, finding the appeal was sufficiently arguable.

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Law firm claims right of appeal against $1M cut to fees in Aveo class action
Class Actions 2024-05-23 3:32 pm By Christine Caulfield

Seeking leave to challenge a decision that shaved $1.14 million from its costs in running a class action against Aveo, Levitt Robinson has argued the firm would have enjoyed a right of appeal if it had been joined to the case as it ought to have been.

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McDonald’s resists giving sales data to Hungry Jack’s board, CEO in row over misleading ads
Intellectual Property 2024-05-23 11:48 pm By Christine Caulfield

In a continuing fight over damages stemming from misleading burger ads, McDonald’s has opposed production of sales information to Hungry Jack’s directors and its top executive, saying the information was confidential and the companies “fierce competitors”.

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ANZ, ex-money markets head settle case alleging sacking after complaints
Employment 2024-05-23 3:59 pm By Christine Caulfield

ANZ has resolved a case brought by the bank’s former head of money markets, who claims he was fired for making complaints about sexual harassment by senior managers and false reporting to APRA.

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Equity = equal: Western Power, Ventia must pay same in Parkerville bushfire costs, court says
Energy & Natural Resources 2024-05-22 11:12 pm By Christine Caulfield

Equitable contribution by Western Power, Ventia and a property owner found jointly liable for the same loss resulting from the Parkerville bushfire in WA must be mathematically equal regardless of how the liability was apportioned, a judge has found.

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‘Shock and Orr’ warmly welcomed to the Victoria Court of Appeal
Courts 2024-05-21 11:29 pm By Christine Caulfield

She earned the nickname ‘Shock and Orr’ as senior counsel assisting the banking royal commission, but the Victoria Court of Appeal’s newest judge told those gathered to welcome her to the bench on Tuesday that she thought twice before accepting the daunting assignment.

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BitConnect’s former Aussie promoter John Bigatton pleads guilty
Cryptocurrency 2024-05-20 11:32 pm By Christine Caulfield

Former BitConnect national promoter John Louis Bigatton has pleaded guilty over his role in marketing the online cryptocurrency platform, a global Ponzi scheme that reached a market capitalisation of $5 billion before its collapse.

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Lawyers no fans of ‘fractured’ approach to continuous disclosure laws
Class Actions 2024-05-17 11:23 pm By Christine Caulfield

What’s good for the goose is good for the gander, lawyers have said in attacking a report to Parliament that recommends abolishing amendments adding a fault element to the continuous disclosure regime for ASIC cases but requiring shareholders to clear the higher bar in class actions.

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NAB faces fraud allegations in $100M class action over collapse of builder Walton
Class Actions 2024-05-17 12:53 pm By Christine Caulfield

A judge has given the green light to amendments to a $100 million class action against NAB over the collapse of Walton Construction, which include new claims of equitable fraud and knowing involvement in misleading and deceptive conduct.

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Report calls for repeal of continuous disclosure reforms for ASIC cases, but not class actions
Policy and Regulation 2024-05-16 11:14 pm By Christine Caulfield

The Morrison-era reforms that introduced a fault element to the continuous disclosure laws should be repealed for civil penalty proceedings launched by ASIC, but retained for class actions by shareholders, a report of an independent review of the changes has recommended.

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