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$440M settlement reached in Queensland floods class action
Class Actions 2021-02-26 1:16 pm By Cat Fredenburgh

The State of Queensland and subcontractor Sunwater have agreed to pay $440 million to settle part of a class action over the 2011 floods in Queensland that destroyed 2,000  homes in the state.

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IVF Australia faces multimillion dollar lawsuit over inaccurate genetic test
Competition & Consumer Protection 2021-02-17 6:32 pm By Spencer Fowler Steen

Fertility clinic IVF Australia is facing a lawsuit worth “many millions of dollars” launched by the parents of a child born with Pallister-Kilian syndrome, alleging it did not carry out a vital pre-implantation diagnostic test that would have identified the disease.

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Liquidators say Arrium directors should have known about ‘liquidity crisis’ sooner
Restructuring & Insolvency 2021-02-15 3:41 pm By Miklos Bolza

The directors of steel giant Arrium, which collapsed owing $4 billion in debts, should have known earlier that the company was in a “liquidity crisis” and was trading while insolvent, liquidators for the company allege.

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AMA Group to fight court injunction granted to ‘intolerable’ CEO accused of fraud
Employment 2021-01-29 1:47 pm By Miklos Bolza

Automotive firm AMA Group will seek to discharge an injunction preventing it from dismissing a CEO who has been accused of defrauding the company of “hundreds of thousands of dollars” and damaging its reputation with major partners.

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Opal Tower concrete manufacturer appeals loss to insurer over coverage of legal bills
Insurance 2020-12-09 9:22 pm By Spencer Fowler Steen

The prefab concrete specialist behind Sydney’s Opal Tower has appealed a ruling letting its insurers off the hook to pay costs in advance incurred in defending cross-claims in two lawsuits over the ill-fated tower.

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Disaster payments can’t limit damages in Queensland floods class action, judge says
Class Actions 2020-12-08 5:42 pm By Spencer Fowler Steen

A judge has ruled that disaster payments cannot be taken into consideration in assessing damages in a long-running class action over the 2011 Queensland floods that destroyed 2,000 homes and claimed 12 lives.

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Insurer not on the hook for Opal Tower concrete manufacturer’s legal bills
Insurance 2020-11-25 1:36 pm By Miklos Bolza

The prefab concrete specialist behind Sydney’s Opal Tower has lost a courtroom bid to have its insurer pay costs in advance incurred in defending cross-claims in two lawsuits over the ill-fated tower.

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Litigation funder wins appeal over security for costs in Fair Work class actions
Employment 2020-11-10 2:25 pm By Christine Caulfield

Litigation funder Augusta Ventures has won its challenge to a landmark ruling that it pay $3.1 million in security for the costs of two Fair Work class actions it is financing on behalf of casual mine workers.

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Dam operators, Queensland face ‘very large’ costs in floods class action
Class Actions 2020-11-03 1:27 pm By Spencer Fowler Steen

Embattled dam operators Seqwater and Sunwater, along with the State of Queensland, have been hit with costs in a class action over the 2011 floods that destroyed 2,000 homes and claimed 12 lives.

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Chubb wouldn’t want survival of Opal Tower concrete specialist on conscience, judge says
Insurance 2020-10-16 2:39 pm By Miklos Bolza

The chief judge of the Federal Court has told Chubb Insurance to consider whether it wants to be held responsible for the commercial viability of Evolution Precast Systems, which has been denied coverage over the ill-fated Opal Tower and faces myriad legal claims.

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