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ACCC to target tech companies under proposed new rules
Competition & Consumer Protection 2024-12-02 11:16 pm By Cindy Cameronne

The Albanese government has backed recommendations that would give the ACCC increased power to target anti-competitive conduct by tech companies.

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Judge facing recusal bid clarifies relationship with litigation funder
Class Actions 2024-11-29 11:48 pm By Cindy Cameronne

A judge presiding over a class action against Fletcher Building has clarified his relationship with the director of a litigation funder which is the basis of a recusal bid.

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NSW Police can’t appeal ruling on names in strip search class action
Appeals 2024-11-29 11:34 pm By Cindy Cameronne

The NSW government can’t appeal a decision that denied its bid to subpoena the names of 2,316 registered group members in a class action over allegedly unlawful strip searches at music festivals. 

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Judge OKs cutting edge argument in $900M class action against CBA
Financial Services 2024-11-28 4:52 pm By Cindy Cameronne

A judge has allowed a class action against CBA and its former wealth management arm Colonial First State to add claims based on a novel theory of corporate responsibility that has implications for companies’ use of AI.

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Bayer launches High Court appeal to revive Xarelto patents
High Court 2024-11-28 5:09 pm By Cindy Cameronne

Bayer has filed a High Court challenge to a decision that invalidated its patents for blockbuster blood thinner Xarelto, saying it would adversely affect drug research and development.

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Keybridge shareholder can sue over $4.75M advance for Lake Como property
Securities 2024-11-27 11:00 pm By Cindy Cameronne

A judge has rejected a shareholder’s bid to wind up investment firm Keybridge Capital, but allowed it to bring a derivative suit  over a $4.75 million advance used for a director to purchase a Lake Como property.

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Real estate ‘mogul’ Sasha Hopkins slapped with $1.25M fine
Real Estate 2024-11-27 3:35 pm By Cindy Cameronne

A judge has ordered self-styled real estate mogul Sasha Hopkins to pay a $1.25 million penalty for luring investors to put their life savings into risky property developments. 

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High Court cases could push Blue Sky class action trial to 2026
Class Actions 2024-11-26 11:46 pm By Cindy Cameronne

Two High Court cases weighing key issues for class action practitioners will likely push the trial in a shareholder proceeding against the collapsed Blue Sky Alternative Investments and auditor EY to early 2026. 

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Class action against KPMG, Phoslock shouldn’t wait for rival case, court told
Class Actions 2024-11-25 4:23 pm By Cindy Cameronne

A class action against water treatment company Phoslock and auditor KPMG should not be held up until a shareholder that’s stuck in preliminary discovery proceedings files a competing case, a court has heard.

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Pacific Werribee centre owners get preliminary trial in $200M defects spat
Construction 2024-11-25 4:32 pm By Cindy Cameronne

The co-owners of Pacific Werribee shopping centre in Victoria have won their bid for a preliminary trial in a suit against Probuild Constructions and several engineering companies over $200 million in alleged structural defects.

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