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Judge approves orders bringing Banksia receivership to an end
A judge has approved orders bringing the receivership of Banksia Securities to an end, with the special receiver opting to not pursue $650,000 in costs against Victorian debenture holders who dropped their case alleging breaches to the scandal-ridden class action.
Toyota class action fights bid for class closure in ‘junk’ insurance case
The applicant in a class action against Toyota Finance over alleged ‘junk’ insurance is fighting the company's bid for soft class closure, saying it would hamper the prospect of settlement at an upcoming mediation.
Class action to fight Optus bid to suppress pleadings ahead of trial
The applicant in a class action against Optus over a 2022 data breach has flagged a fight over the telco giant’s bid to suppress the pleadings in the case, saying group members are entitled to know the case brought on their behalf.
CBA avoids special leave hearing of cross-appeal in High Court cases
The Commonwealth Bank has avoided a separate hearing over its cross-appeal in shareholder class actions that have reached the High Court.
Construction PRO
Nickel mine shareholders to pursue funders in case over aborted $70M sale
After a win in their spat over the sale of Brazil's Santa Rita nickel mine, two Australian companies who held all shares in the mine's owner, Atlantic Nickel, may seek costs against Omni Bridgeway and Balance REV, the litigation funders of the loser in the case.
Construction PRO
Director can’t escape Symich Building liquidator’s examination despite fear of stroke
A director can't escape an oral examination by the liquidator of collapsed construction company Symich Building on medical grounds, with a judge saying the doctor who certified her as unfit seemed to misunderstand that examinations are “adversarial in nature”.
Sydney Trains class action to renegotiate $7.6M settlement
A class action by Sydney Trains’ operations staff, which settled for up to $7.6 million in January, will head back to the negotiating table after the registration of some 260 new group members pushed the settlement above the agreed cap.
ACCC calls emergency meeting of fuel suppliers, warns against collusion
The ACCC has convened an emergency meeting of fuel companies, warning them against engaging in collusive conduct amid disruptions in the oil markets caused by military operations in the Middle East.
Judge urges barristers to drop ‘confrontational’ cross-examinations
A judge has warned barristers against taking an aggressive, confrontational approach to cross-examination, saying there is “very little to be gained” from such questioning.
Construction PRO
High Court to weigh ‘honest claim of right’ defence for property offences
The High Court will hear a case centred on the 'honest claim of right' defence for property offences, after an appeals court handed a win to an Indigenous man who cleared native vegetation on government-owned land.